Recently I have been challenged with a huge decision.  Without having to discuss the ins and outs of the situation, it is a decision that is frought with risk but the risk far outweighs the possible results surrounding not taking the risk.  The dictionary describes calculated risk as “Undertaken after careful estimation of the likely outcome”.    Being a logical person who has a strong aversion to failure (don’t we all), all my decisions are calculated.  This brought me to think about one of my favourite pics going around the traps. 

 Is this fella about to take a calculate risk ? Does he think it is a calculated risk ? Does he see any risk at all ? Does immaturity result in the inability to calculate risk ?  These are all questions that I think about. 

In business, as long as we really estimate the likely outcome(s) then the risk is calculated and the decision to take the risk or not is easier.  Make sure that you look at all of your decisions with the end result in mind !