Legend holds that Cornelius Vanderbilt had built a massive fortune in the steamboat shipping industry, but then realized the railroads were the way of the future and invested almost his entire net worth into railroads.  The gamble paid off and made Vanderbilt one of the wealthiest entrepreneurs ever.  But risks are inherently…risky.  How do you think about risk and how has it affected your life and career?  Some of our community favorites share their perspective below.

Hannah Stanley | Wedding Photographer

I think about risk as a chance to grow, learn and serve. For years I have thought about doing some sort of workshop or mentoring program, but I always came up with excuses not to. I finally launched my first mentoring program and I have to say I absolutely love it! Taking this risk with my career has made me become more confident in myself and being able to serve other photographers! I was nervous that people wouldn’t sign up, or the material wouldn’t be good enough, but I took the risk and launching it and I couldn’t be happier! Read more>>

Nida Dolani | Dallas Blogger

There are many ways to look at risk, most of us fear the idea and some find it thrilling. I was reading the Harvard Business Review a few years ago and I remember it mentioned that people are more likely to take risks who are “impulsive sensation-seekers or aggressive.” I somewhat agree with that and I’m definitely the opposite. I grew up not taking risks, sticking to what I knew best. I liked the idea of being in my safe zone and I wanted to make sure I always had all my ducks in a row. Now my younger brother Faizan was the opposite of me. Read more>>

Leslie Hernandez | CEO Backstage Makeup Profesionals

I think risk is the impulse that made everything man made happen. Everything around us exists because someone had the courage to take the leap on an idea and make it happen with action. Risk is for the bold and brave that have a bigger vision in life. Risk is an extension of confidence and both of them are like exercising. You have to keep doing it to build muscle until you reach a high risk tolerance. As a risk taker I create a life on my own terms where I expand my capacity and by thinking of the big picture I don’t stay stuck in one thing too long if it´s not working. Read more>>

Said Abusaud | Director & Visual Artist

The general concept of risk boils down to the core concept of investing. You’re inherently risking that purchase by hoping there will be a future gain. The best way to eliminate risk is knowledge experience. And how you inquire on your experience is genuine interest. If you have genuine interest, you will be better in the long term. It’s the universal truth. As a director and a visual artist here in Dallas, how risk has injected into my life is by taking chances, and always studying. When my friends are at the bars on the weekends, 9 times out of 10 i’m at home wanting to be better, honing my style and always working on my craft. Read more>>

Molly DeVoss | CFTBS (Certified Feline Training & Behavior Specialist)

I am risk averse. I have always felt like I’ve worked too hard to risk losing my business and failing my customers; if I’m not here to provide services they can count on, then I’ve failed them. I feel responsible to remain fiscally conservative; I’ve never had a debt loan in my business. I have always felt that I should live within my financial means – if we didn’t have it, we didn’t spend it. Could I have grown my business bigger by taking on loans and risk? Maybe. But I operate at the “slow and steady wins the race” pace, keeping a solid foundation and cash reserves for the “rainy day”. Read more>>

Jackie Robinson | Founder, SheBoss Unlimited

Risk is a prerequisite to achieving any major goal. The bigger the goal is, the more likely it is that you will have to assume some risk. I took a risk when I started my company, SheBoss Unlimited. I launched using my own money, not knowing if or how fast I would see a return on that investment. It was also risky for me to launch a business that I was not 100% sure if people would support. I blended my professional development coaching and training with women’s empowerment and a catchy name and hoped for the best. The market of coaching is saturated. Read more>>