The Courage To Take Calculated Risks
It takes a lot of courage for a person to risk something of value - be it money or other material possessions. Taking risks means that, such a person stands a chance of losing whatever he is risking; but he gathers the courage to take the risk regardless.
And that's what separates the rich from the poor. Most of the poorer people are afraid of taking risks in life. They fear that if they start to new business, it will fail. But they don't realize that, by them not starting - they've already failed.
You need courage to take risks. And when you put in the hours and you study deeply about the risk that you're about to take - it reduces the fear that you feel. Thus, understanding what you're staking or risking, tends to give the courage to take the risks.
The reason why average and poorer people are consumed by fear, is because they have very little understanding of the business or the investment that they want to take a risk on. By improving your understanding, the risks becomes more of a calculated risk.
The truth is that - when people get to their old age, the tears that come down their eyes is mostly because of the risks that they did not take. They wish that they had the courage to follow their passion and take calculated risks. Hence, the importance to develop the courage to take calculated risks.