Risk On, Risk Off

Many risks are justified by the calculation of what the net-reward is for the cost (downside). One thing I’ve realized over the past year is that I can’t just manage the risks that I’m taking in business, but also how that extends to my overall life goals.

Long-term, my life (I hope) centers around family and impact. I’ve spent a lot of time in my 20s learning about the impact side and creatively exploring what’s possible. In parallel I’ve done the family side too, although in a very different way around friendships and relationships.

The two interact though in terms of risk - if you’re too risk-on with impact you can jeopardize family and vice versa. It’s a tricky balance, but early career it still makes sense to optimize the risks you take to plan for what might be later (although with higher variance)