But what about when the stakes are high? Does that mean you shouldn’t try? People get stuck in dualistic thinking here. It’s either risk it all or play it safe. Successful people got where they are by taking huge swings, right? So if you’re not willing to take out a second mortgage on the house to fund your startup, you might as well give up. That’s a false dichotomy! The most successful performers weigh the merits of every risk before taking it and they protect their downside, often invisibly.
