One of my guiding principles is don't do anything that other people are doing. Always do something a little different if you can. The concept is that if you do it a little differently there is a greater potential for reward than if you the same thing that other people are doing. I think that this kind of goal for one's work, having obviously the maximum risk, would have the maximum reward no matter what the field may be.
About this quote
- What does it mean?
- The speaker advises doing something different from others to increase risk and potential reward.
- In plain terms
- Do something unique to boost risk and reward.
- What can you take from it?
- Differentiation can lead to higher gains.
Where it applies
Putting it to work
Questions to consider
- When is it worth taking extra risk?
- How to balance originality with practicality?
Another view
Higher risk can also mean greater loss.
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