Risk and reward

I was on the phone the other day with my friend and somehow we got talking about business. He has started several businesses and is currently running a successful consulting business and doing quite well. He told me he has observed a principle that seems to always hold true: risk and reward – the more risk, the more potential reward. He told me a story of two painters, Ted and Bill,  going to the same university at the same time. They were both very talented and graduated with degrees. Ted took a secure and good job at a computer company as a graphic artist. This was not Ted’s ideal job but the safe bet. He has done well for himself and has provided a nice income and stability for his family. As Ted finds time, he still paints but more for himself than anyone else. Ted would still like to be able to make a living as a painter but probably doesn’t see how.

Bill, took a big risk. He moved his family to a small town where he could rent a studio for very little money. Bill’s family was very poor for many years and went without many comforts as Bill developed his style and skills. Now, Bill is a very successful and famous painter making a great living and doing what he loves to do.
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September 18, 2010Permalink Leave a comment