Courage cannot exist without risk, but risk must be calculated. You must be strategic with risk or it could end up leading to your downfall.
There has never been anyone who has accomplished great things without taking some form of risk. However, this has led to some false assumptions.Risk must be carefully calculated. Risk that is not calculated is recklessness.
Recklessness has led to the downfall of more promising individuals than anything else. The problem arises when the drive to perform and live at a high level leads to high-risk behavior. The higher the risk, the closer it comes to being reckless.
An example of this contrast can be seen in investing. The person who sees investing as a way to create a second form of income will study the market, study the companies whose stock he is thinking of buying. That person will set aside money and slowly but consistently invest a little at a time. This is not how a reckless person approaches his investments.
A reckless person will look at the stock or crypto that is hot at the moment and make moves based on very limited knowledge. The reckless person will go for the hail-mary pass by either investing more money than they can afford, or even going so far as to take out a massive loan and investing it.
The strategy of recklessness usually leaves the person broke and broken. Don’t fall into the trap of being caught up in waves of excitement. You need to take risks if you want to make it to a high level of success, but you don’t want to take risks unless you have thoroughly studied your industry. You also must have a contingency plan that includes the possibility that your efforts will fail.
Risk properly calculated can lead to immense rewards.
Lethal Focus 