Advantages and Disadvantages Essays

Advantages and disadvantages of taking risks in life?

It is important for people to take risks, in their professional and personal lives. Do you think the advantages of taking risks outweigh the disadvantages?

Sample IELTS Essay on Taking Risks in Life

Some people think taking risks is vital in both their personal and professional lives. There is a contentious discussion over whether this behaviour is advantageous. Despite certain negative aspects of this activity, I believe there are more benefits people can gain from it.

On the one hand, people who take risks are likely to experience negative consequences. The potential for personal economic loss is one drawback. Individuals typically struggle to accomplish their goals readily and frequently experience failures. Risk-taking will therefore be detrimental to one’s quality of life. For instance, businesspeople will spend money on products that show promise. However, they risk experiencing bankruptcy and living in poverty if the price trend diverges from what they had anticipated. Additionally, in certain extreme circumstances, there may also be a loss of family, friends, or both, in addition to economic loss.

On the other hand, if people are willing to take chances, the population and society can profit more. Trying new things and getting promoted are fundamentally related. In this sense, both the revolution of modern society and the progress we have accomplished are predicated on failure and loss. For instance, the development of light required numerous risky experiments, but once it was completed, it greatly improved human comfort. Similarly, in personal situations, seizing a good opportunity that could potentially change a family’s course requires courage, which is unquestionably a result of a spirit of adventure.

To sum up, although there are drawbacks to taking chances in life, I think people can benefit more from doing so, which will promote wealth and creativity in society.

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