RISK
Larry Pratt, of Gun Owners of America, writes in WND about the incident in Memphis where Jacob Evans used a recently purchased handgun to defend himself from kidnappers who he believed would have most certainly killed him when they had their money. The Commercial Appeal’s original commentary ran here.
While everyone seems to be commenting on whether the carry and use of a concealed weapon is Risky, I’d like to focus a bit more on the term RISK.
Risk is not a bad word. Risk is what allows entrepreneurs to turn dreams into successes. Rewards are related to risk. If you want great rewards, you must often take great risks. Unlike politicians who seem to be able to make big money by getting the inside track on futures or company stocks, most wealthy people obtain their wealth taking risks that you or I would not take.
Consider Michael Dell, who dropped out of school to become a multi-millionaire. Of course, when he dropped out of school he wasn’t a millionaire. He was risking his future on a computer business when the survival rate of such businesses was somewhere between “no way” and “you’ve got to be kidding.”
Or all those nameless Microsoft employees who worked for near nothing and stock options for the then upstart company with the incessant cash flow problems. They risked their time, which could have been spent elsewhere making more money, on the chance that Microsoft would be a success. It did, and so did they.
Risk is good. Risk is the market innovator. Risk is the product innovator. For all those people who risked and made money, the rest of society is the better for it. Consider the personal computer market, (noted here). Would the current market exist without innovators and risk takers like Gates, Dell, and those other nameless people? No. Because without the reward incentive for taking that risk, it is a rare man who would bother.
How many other industries exist solely because one person had the vision and the willingness to risk great amount of time and money on what was at that time, a very unlikely to succeed? Automobiles? The Oil industry? Anything plastic? Gore-Tex?
RISK is very good.
