Success in finances and wealth is risk that's the hard Reality take RISKS yes

[Waldorf77]

There is 3 type of people and everybody else are just around 2 type of people the 1 and 2 type.
1.the first movers active those who takes risks ceo-s!
2.they are from the 1st type family
3.they either work for 1 or 2 type until they take risks themselfes and they not from rich family background.
Then there is 4th those who bit lucky like lottery winners but that's not the pattern of behavior just happening.

The more you learn how to take risks the more you learn the better you know what risks and how to make it.
So more you Grow and experince you got the more you will adapt situation to be good at it.

So If you want to be wealthy ask yourself what risks you been taking, the more small ones you take it the more you adapt ability to make good calculated decisions.

Why ex -convicts and crimimals become often very good business ceo-s investors and so that's because their previous stresful criminal lifestyle have made them very good to manage steasful situation and their brain been working good with risks, If those people turn their life around and become person who making money in legal business they got allready risks taking and stress management experince so that's good base level for them to use it. - you see every shadows have light and every lights have shadows in life -  so each thing has good and bad things.

So the key to success is risks, we all talking about those who made something in history we all admire them but few only have that courage to take risks and do something.
When person can't even take small risks it means person need work on taking risks so then can move to bigger risks.

But don't think nothing risky, it's all risky and you better start today you see someone has something good and life seems good so it means they know how to take risks the SOURCE OF ALL WORLD WEALTH is risks, and then those who are either from their family like rich kids of FATHER WHO took that RISKS,or others who work others.
Wealth spinning around those who took the risks, and everything else is just spinning around them.

You don't want to work for someone else ?
Then take risks and learn that's the only way no other ways, If anyone talking like there is safe ways and easy ways then it depends whos taking those risks, someone with 5 years + experince on crypto for him it's all easy but someone who start first day he will do the mistakes and panic, that's okay we all do mistakes but over the time you Grow and learn.

So Life is RISKY, next time you talk bad or envy someone wealth then think about risks they been taking.
Off course If person taking risks like OIL tycoons Jp morgan and others or steve jobs, and any other ones they built empires for generations the wealth off course those who close to them will get that wealth too.

That's why every 3rd generation tend to lose wealth but not always sometimes rich kids using their parents wealth to learn risks and only way to learn is not by theory but trough actions yes DONALD TRUMP burned a lot fathers wealth but off course one way you need to learn that and experince is only teacher.

[Queentoshi]

So the key to success is risks,

In some societies playing it safe has become the normal thing that has been inculcated in young children and even adults. They play safe and take no risk, and because of that do not make progress in life but just remain at the level where they are and claim contentment. Risk is necessary for success and oftentimes people who are familiar with this concept turn out to be very successful after taking a few risks.

There is this common proverb that a person who has lost everything but has not lost his life has not lost anything. In the concept of taking risk individuals should understand that so long as they are alive and have not lost their life there is always a chance to be successful.

[Su-asa]

No arguments for the way to success is through risk.
But I think the important one is luck. You can take a risk and still end up the way you where or maybe more poorer than you where before. Actually many risk takers are kind of addicted to taking big risks and most times it pays out for them but when luck isn't in their side they lose everything.
However before taking risk you should also consider if the risks are worth your resources and then you should also have a backup plans incase the risk didn't work out well for you.

[Mahanton]

So the key to success is risks,

In some societies playing it safe has become the normal thing that has been inculcated in young children and even adults. They play safe and take no risk, and because of that do not make progress in life but just remain at the level where they are and claim contentment. Risk is necessary for success and oftentimes people who are familiar with this concept turn out to be very successful after taking a few risks.

There is this common proverb that a person who has lost everything but has not lost his life has not lost anything. In the concept of taking risk individuals should understand that so long as they are alive and have not lost their life there is always a chance to be successful.

There are those who are contented
There are those who dont take the risks or courage on doing so
There are those whose afraid to lose money
There are those who dont have money to start on

Success isnt something that could be achieved without doing such hard work or such step on which you do need to take risks in order to changed up your life. Just like on what mentioned above is on the moment that you do become contented and having that feelings about being safe and less risk or no risks at all, then you will be deciding to stay down there and wont be making any further step just because you've been that having the contentment inside and its that afraid to take up risks because you do know that you an lose money in the process and since human beings doesnt want to lose money then they wont be taking any actions. Its normal to lose money because you do have that chance on earning too. You cant just that find yourself earning up something without risking something and thats the basic concept of investing or business, but once you do find yourself having that good grasps or learning or whatever you've been obtained and gained, then it could give out that possibility that you can changed up your life completely in terms of finances or money on which this is where everyone is hoping for. The only common mistake on here is that people do become that too rushed up on going into success and once that impatience kicks in then this is where it do starts on making up some mistakes.

[Odusko]

I thought I commented on a similar topic earlier yesterday about risk and investment coupled with financial freedom, this topic is becoming a concern lately and the best we can do is to try as much as possible to deliver the best possible solution and advise on investment and risk management, this way we can know which asset to risk on and how much we risk on them, but at the end we should abide by the saying that no risks no rewards so we must take risks at any point in time.

[Mrbluntzy]

Financial success can be inherited, some people are enjoying financial success and freedom because of the wealth they have inherited from their parents, grandparents or favorite uncle and aunts. It's not all financial success that is made possible by risk.
Risk without knowledge, plans or a direction can lead to failure not success, if you must take risk, you must have had a perfect  knowledge about what you are taking the risk for. Not all risk takers become financially successful, those that became financially successful, the risk they took was backed up with a powerful knowledge.

[Odohu]

Taking is an important part of the journey of success but we must establish the fact that it is calculated risk that lead to success. Calculated risk is the type that is controlled and will not lead to depression incase it goes south. In other words, the type of risk advisable is that in which the potential reward is far greater than what is being risked and if the risk does not work out, one can bear it and still have the resource and mental health to face other things of importance.

[DaNNy001]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

[Botnake]

No arguments for the way to success is through risk.
But I think the important one is luck. You can take a risk and still end up the way you where or maybe more poorer than you where before. Actually many risk takers are kind of addicted to taking big risks and most times it pays out for them but when luck isn't in their side they lose everything.
However before taking risk you should also consider if the risks are worth your resources and then you should also have a backup plans incase the risk didn't work out well for you.

Those who take risk are the ones who’s more likely to succeed, compared to those who only wait for their luck and expect to be successful. However, I may agree with you that luck is a great factor in being successful, but it’s more on knowledge, skills and confidence that push you to take the risk and succeed, luck just comes as bonus. If you can have these all, your success will be easily achieved, unlike taking risk without having no luck, reaching that success will be quite a struggle first.

[peter0425]

So the key to success is risks,

In some societies playing it safe has become the normal thing that has been inculcated in young children and even adults. They play safe and take no risk, and because of that do not make progress in life but just remain at the level where they are and claim contentment. Risk is necessary for success and oftentimes people who are familiar with this concept turn out to be very successful after taking a few risks.

A lot of people do not take risks because they can’t afford it. And those who take risks even without being able to afford it are often called crazy and irresponsible. To be fair, sometimes it works out and sometimes it doesn’t. When it doesn’t work out, they struggle for money afterwards. That’s what a lot of people are scared of. Life is often full of high risk, high reward scenarios

[Stella Mese]

So the key to success is risks,

In some societies playing it safe has become the normal thing that has been inculcated in young children and even adults. They play safe and take no risk, and because of that do not make progress in life but just remain at the level where they are and claim contentment. Risk is necessary for success and oftentimes people who are familiar with this concept turn out to be very successful after taking a few risks.

There is this common proverb that a person who has lost everything but has not lost his life has not lost anything. In the concept of taking risk individuals should understand that so long as they are alive and have not lost their life there is always a chance to be successful.

exactly what you said, the opportunity for success is always there wherever we are, it all depends on how we use the time and opportunities that are there, but sometimes the path we take is not as smooth as we expect, there is always a risk in achieving success. because if we do not take risks in any business and play it safe in our lives, of course it is difficult to expect the progress we want to get.

[bettercrypto]

If I understand correctly, no one has ever been successful without taking risks, there are others who have taken risks but in the end were still not successful. Maybe these are the people who were not really patient that is why in the end they were not successful.

That is why obtaining wealth is not easy, but it really requires a thorough strategy where it can reach what we want to happen to achieve what is called success in the end.

[shinratensei_]

I'd say it's more of calculated risk than just plain risk taking, because then you will know what needs to be executed and what you want to put at stake.
Reckless risk taking will only put you at difficult situation because you're actually have no idea what you're doing.

Those people you mentioned who take the risk are taking calculated risk with right upbringing, capital, and connection to start with, you don't create random business and hoping the odd will work out.
you create a plan to execute your business putting your capital and your effort at line and hoping the risk will result in a good outcome.

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

I completely agree with this, there are also people who don't took risk at all and become rich anyway because i believe not all opportunity always involves risk. at the end of the day, opportunity is the key, nobody is getting rich without proper opportunity.

[Lida93]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

This days most people get rich by connections or through family wealth inheritance, so I do agree that it's not always about taking risk that would land a person into wealthy path. Just by being connected with the right company of people  with just their referral or signature alone can open doors for you to achieving greatness. It's understandable that if there's no risk there's no reward either but not all risks ends with a reward, some ends with regrets and shame. So if we want to take risk it must be a calculated one.

[landheer]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

Indeed, rich people always take risks, because we are faced with two choices, of course we need broader thinking before entering into it, because most of them will be successful by taking risks. But indeed not all of them bring luck, but at least we try to find out more, rather than not trying it at all, that way we will know the risk process that is faced.

[slapper]

Yes, risk is the engine, undeniable. But you are reduce the entire architecture of success to a one-liner. “Take risks?” Sure. But take them where? When? With what systemic backing?  The top 1% didn’t just wake up risk-hungry. They woke up to leverage, access, Early environment. And risk only makes sense when you’ve got the floor covered. A mistake made in a lower-income bracket breaks bones. A mistake made from generational wealth becomes a tax write-off, a lesson, a pivot

You’re onto something real when you mention ex-convicts making sharp business moves. Stress-trained brains often adapt faster to chaos. However, most of them don’t get the second chance. They get systemically locked out. The few that make it? Statistical outliers. It’s grit plus unusual opportunity

Your typology of people (1, 2, 3, and the “lotto glitch”) is a decent start, but I’d argue it’s more fluid. Humans aren’t cast types. Some jump between roles: first worker, then founder, then investor. The variable is often timing, exposure, and belief, not just risk appetite. Is someone risk-taking if they’re born into a structure that removes consequences? Is that courage or normalized privilege with upside?

Yes, you want to rise, take calculated risks. But know that the riskiest risk is taking them blind, without learning the patterns of game theory, market psychology, macro-financial cycles, and even emotional regulation. The market isn’t a neutral arena. The game was designed to reward those who know the map

Take the shot, but if you're doing it from zero, do it intelligently, not impulsively. Start small. Stack knowledge. Simulate loss. Learn the terrain. Risk is the source of wealth, sure. But wisdom is the compass

[Koadharber]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

Indeed, rich people always take risks, because we are faced with two choices, of course we need broader thinking before entering into it, because most of them will be successful by taking risks. But indeed not all of them bring luck, but at least we try to find out more, rather than not trying it at all, that way we will know the risk process that is faced.

When you do have the money then you can do almost everything from buying something until through making investment or whatever things that involves money, and thats the huge advantage or gap into those people who do have that financial capacity on which they can do almost everything. If you are rich then the primary thing that comes up into your mind is on how to make yourself that even more richer and since you do have the capital then thats already and edge in compared to those who have none. This is where rich people becomes even more richer and those poor do still remain to be poor or someone who do lives in average. They would be still needing up to grind hard and needed up to be wise on making some wise investment decisions on which its something that they do need. Success cant be known and thats normal but just like been said that you wont be able to know if you wont be trying it out to invest or make business into.

[doomloop]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

Risk are certain in a way that we does them. Maybe rather say that the outcome of what we risk for is uncertain like we can also lose if not win but we must not think negatively because that is one of the cause on why people won't proceed anymore. For those who took risk and fortunately does well eventually, they can also or still change their situation.

So, I can only say that they must not be very confident like their head got big. I think same goes for those who got broke, I mean they can as well change but this time for the better even though it may not be on the same niche anymore that they venture. Yeah some got lucky but usually the consequence can only come late. It may be because they don't value their blessing well because they don't experience how hard one can normally get it.

[eightdots]

This is true but we cannot conclude that every wealthy person took risks to get to where they are currently... risks are not certain and sometimes it may not always favour you. There you are people that took risks and today they are doing well and there are also people that took risks and ended up broke. You can call risk a two edged sword, it can make break you or break you.. some people are wealthy based on opportunity while some just got lucky in life.. before taking any risks you should be aware of the consequences involved.

Indeed, rich people always take risks, because we are faced with two choices, of course we need broader thinking before entering into it, because most of them will be successful by taking risks. But indeed not all of them bring luck, but at least we try to find out more, rather than not trying it at all, that way we will know the risk process that is faced.

When you do have the money then you can do almost everything from buying something until through making investment or whatever things that involves money, and thats the huge advantage or gap into those people who do have that financial capacity on which they can do almost everything. If you are rich then the primary thing that comes up into your mind is on how to make yourself that even more richer and since you do have the capital then thats already and edge in compared to those who have none. This is where rich people becomes even more richer and those poor do still remain to be poor or someone who do lives in average. They would be still needing up to grind hard and needed up to be wise on making some wise investment decisions on which its something that they do need. Success cant be known and thats normal but just like been said that you wont be able to know if you wont be trying it out to invest or make business into.

People who have the financial means to do many things can take a certain amount of risk. Risk is not something that should always be taken, and it cannot be said that all rich people take risks to become rich. Sometimes very smart investments and moves can make people rich. The size of the risk is important because small risks supported by logical decisions can be more advantageous than a big risk.

Since rich people have capital, they also have many options to use this capital. Being rich can make it easier to take risks in some decisions. Risk is not always taken, but knowing when to take it is very valuable.

[AmaGold70]

In my adult life I was made to understand that taking risk is one of the ways to achieve wealth and success, taking risk can be very scary but if we think about how to achieve our goals then it is worth the risk, though there are people that have achieved so much without taking any risk but it's often the risk takers that push boundaries and achieve remarkable and memorable things. It is also important to know that some risk are not worth taking, and you could win or loose so let's choose the risks we involve ourselves in wisely.