{"id":553342,"date":"2022-09-02T07:00:51","date_gmt":"2022-09-02T07:00:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/inspirational-risk-taking\/"},"modified":"2022-09-02T07:00:51","modified_gmt":"2022-09-02T07:00:51","slug":"inspirational-risk-taking","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/inspirational-risk-taking\/","title":{"rendered":"Inspirational risk-taking"},"content":{"rendered":"

\u201cThe biggest risk is not taking any risk,\u201d<\/strong> Meta\u2019s Mark Zuckerberg said back in 2011, and his quote has been doing the rounds as an inspirational entrepreneur meme ever since. Risking big for bigger gains has become a key pillar of the Silicon-Valley innovator entrepreneur archetype we\u2019ve all come to know and adore \/ revile. It\u2019s wisdom that the Zuck still lives by, if his USD 10 bn wager<\/a> on what he believes is the internet\u2019s new frontier is anything to go by. The jury\u2019s still out on whether the metaverse play is brave or foolish \u2014 but it can\u2019t be denied that some of the greatest progress humanity has made came at great risk.<\/p>\n

The miracle of flight: <\/strong>Aviation pioneers Wilbur and Orville Wright shared a love of mechanics and a lack of any kind of professional training. They are said to have been<\/a> inspired to start testing out their own aircraft after following the work of a German aviator who died piloting his own glider \u2014 and withstood the mockery of the press and colleagues in the industry to prototype the world\u2019s first aircraft.<\/p>\n

At great personal risk, Wilbur manned the first flight<\/strong> of their heavier-than-air plane in 1903. The 59-second flight changed the course of history and birthed an industry now worth some USD 3.5 tn.<\/p>\n

And the even bigger miracle of spaceflight: <\/strong>Blasting a rocket ship into space is incredibly risky \u2014 and early space shuttle missions were the riskiest of all. Back in the 1980s, the odds of an astronaut dying within minutes of a launch were around one in nine, astronaut Chris Hadfield explains in this video on risk-taking for cosmonauts (watch, runtime: 3:48<\/a>). These days, it\u2019s about one in 38.<\/p>\n

\u201cIt\u2019s pretty hard to get life insurance as an astronaut,\u201d <\/strong>Hadfield says. But he insists the risk is worth it. \u201cYour job is not to be an incompetent, nervous passenger. Your job is to defeat the risk.\u201d<\/p>\n

Major technological breakthroughs don\u2019t come without a big dollop of risk:<\/strong> It\u2019s an old cliche to point out that Bill Gates dropped out of Harvard University<\/a> to work on building Microsoft in 1975, but there\u2019s an instructive message behind the anecdote: Sometimes a decision that seems unwise in the short term can end up reaping rewards.<\/p>\n

Real innovations take years to embed<\/strong>, but once they do, they can change everything. \u201cWe are tackling problems where progress is measured not just in years, but often decades \u2014 where your end goal doesn\u2019t change, but your path to get there might have to,\u201d Gates says.<\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cThe biggest risk is not taking any risk,\u201d Meta\u2019s Mark Zuckerberg said back in 2011, and his quote has been doing the rounds as an inspirational entrepreneur meme ever since. Risking big for bigger gains has become a key pillar of the Silicon-Valley innovator entrepreneur archetype we\u2019ve all come to know and adore \/ revile. […]<\/p>\n","protected":false},"author":1,"featured_media":553343,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9534],"tags":[1110,2604,2713,2712],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legendary-risk-takers","tag-bill-gates","tag-enterpriseyourwealth","tag-legendary-risk-takers","tag-mark-zuckerberg","wpautop","entry"],"acf":{"mongo_id":"98ecdf97-5a8e-4d3c-8da0-884c5f6ed4b0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/9\/443.jpg","photo_position":"above","related_issue":[553329],"teaser":"","voice_url":""},"yoast_head":"\nInspirational risk-taking - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/inspirational-risk-taking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inspirational risk-taking\" \/>\n<meta property=\"og:description\" content=\"\u201cThe biggest risk is not taking any risk,\u201d Meta\u2019s Mark Zuckerberg said back in 2011, and his quote has been doing the rounds as an inspirational entrepreneur meme ever since. 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