

No Risk, No Reward
Jan 20, 2025
Bridge Garg shares personal stories on embracing risk and its pivotal role in success. Zoya Garg discusses how risk tolerance shapes career choices, fostering a dialogue on confidence and decision-making. Shalap Garg delves into the loneliness that often accompanies entrepreneurship, highlighting the importance of community. Together, they explore tax benefits for small business owners and the value of personal risks in relationships, urging a balance between comfort and growth while navigating the corporate versus entrepreneurial divide.
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Calculated Risks
- Take calculated risks, assessing potential downsides and gains.
- Veer Garg suggests considering the context and calculating the probability of success, as he does in the board game Catan.
The Illusion of Safety Nets
- Cushions of safety, like brand names, can create a false sense of security and limit risk-taking.
- Shalav Garg reflects on how his risk aversion and reliance on brand names did not provide the expected safety net.
Focus on the Progress
- Zarna Garg instilled in her children the importance of focusing on the progress of taking risks, rather than the risk itself.
- She encouraged them to put themselves out there, emphasizing the value of gaining confidence.