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Are You Willing To Risk It?

Name: Are You Willing To Risk It?
Uploaded: 2024-11-29T03:01:43+00:00
Duration: 19 s
Channel: Shanli Liu, CPA, CTP
Description: In this brief motivational monologue, the speaker relays a mentor’s advice that achieving massive wealth requires a willingness to risk huge…

29 Nov 2024 · 0 min

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0:19

In this brief motivational monologue, the speaker relays a mentor’s advice that achieving massive wealth requires a willingness to risk huge losses—illustrated by the claim that one must be prepared to lose $100 million to make a billion. The speaker expands the concept of risk beyond capital, emphasizing that early‑stage entrepreneurs must also risk their time and effort. He argues that most people avoid such risk, which is why they remain poor, small, and insignificant.

I had a mentor tell me, he said, you got to lose $100 million to make a billion. You got to be willing to lose it. And fundamentally goes back down to risk. You have to be able to risk. And sometimes it means just risk your time, which in the beginning is, hey, we're going to give with that expectation. That's risking your time. You got to be willing to take risk. Most folks don't. And that's why they stay poor and they stay small and they stay insignificant.