The Importance of Taking Risks in Business
Question, what, what's the best piece of advice he ever
gave you?
I think Peter was the person
who,
who told me this really
pithy quote that, "In a world that's changing
so quickly, the biggest risk you can take is
not taking any risk."
And
I, I really think that that's true, right?
I mean, a lot of people, I think, think that, um, you know,
whenever it comes
to, uh... Whenever you get yourself into a position
where you have to make some,
some big shift in, in direction or do something, um, you know, the,
there are
always... People are gonna point to the, the downside risks of that
decision. And locally, they're maybe
right, right? I mean, i- i- for any given decision
that you're gonna make, there's
upside and downside. But in aggregate, if you are stagnant
and you don't make those changes, then, um, then I think you're guaranteed to
fail, right? And, and not, not catch up.
So to some degree, I, I think it's really right that over time,
the
biggest risk that you can take is to not take any risks.
That is a great place to leave it. Thank you very much.
All right.
End of transcript · 204 words