Many people subscribe to the idea that to get a high return you must take a high risk, that low risk leads to low return. I think this keeps people poor, because they either lose a lot or fail to make meaningful returns.
In my experience the rich approach risk quite differently and look for asymmetric risk return; low risk, high return.
If you are looking to expand your business, or your finances, I’d encourage you to look for asymmetric risk return; how can you trial that new idea without sinking a lot of money into it?
It takes a little more thinking, but it’s worth it.
Sometimes, I don’t have anything to add.
Recently I was watching a video of our Prime Minister, Jacinda Adern, speaking about women’s suffrage.
Have you ever seen someone driving a car you want, running a business you want, in a relationship you want, ***insert any reason in here*** and been jealous of them and wished you had that?
This past year has been tough in many ways.
When you know, you know.
“Never give up,” I’m sure you’ve heard that.
You’ve got two options..
“You’ll pay more, but you’ll get more than you paid for.”
How often do you hear the statement, ‘there just aren’t enough hours in the day”?
This is the first blog I’ve written since my cousin Matthew was killed flying a helicopter a few weeks ago.