English, asked by 8o5o, 1 year ago

Article on no risk no gain

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Answered by vidya048
22

No Risk No Gain.

Nothing is constant in life except change. This statement rings true more than ever in the world we live in today, with non-stop technological advancement in every aspect of our lives, affecting the way we work and do business.

In order to keep up with the ever evolving trends, entrepreneurs need to innovate to sustain the viability of their businesses. This includes those who are in the insurance business. To innovate means to take risks - no risk, no gain. Tony Fernandez is a stellar example of successful risk-taking when he bought an airline with a debt of RM40 million in early 2000 and turned it into a leading industry player today.

Risk refers to any situation that could result in damage, injury, loss or liability. Risk-taking is synonymous with doing business and can either lead to success or failure. The the main difference between the two outcomes is calculated and careless risk.

As Mark Zuckerberg said, “The biggest risk is not taking any risk.” Hence, risk-taking is a necessary journey to success, but it has to be measured, planned and well executed. Zurich entrepreneurs are well rewarded for taking calculated risks and you can be a successful entrepreneur with us too.


8o5o: Thanks a lot sister for helping me.
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