Opportunity with risk

You are offered an opportunity to do one of two things:

Be hired to turn around a company for a very reasonable salary
Be the person running the company that you now are a part owner of BUT where you either receive a very low or no salary at all

If you choose the first option you have guaranteed income for a given period of time. If you choose the second option you might have to make some sacrifices due to the low income and know you might end up with nothing but also have the potential to make a great deal of money if things work out.

There isn’t a right or wrong answer and there is a different answer for different people but it is important to know yourself and to know how you respond to these type of situations (and it’s important to understand that each situation is different based on the amount of risk and the amount of reward).

It’s not uncommon for some people to wish they could benefit from ownership but when given the opportunity to take that choice they always choose the safe option. This doesn’t make them a better or worse person but at some point they would need to realize where they belong.

Just something to think about.

Have a great day!

Lawrence

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