In Even the chances, Karen Firestone explains how risk assessment has a prominent part in all aspects of life. We may all define risk, and our tolerance for this, somewhat in a different way, but we may all acknowledge it takes on a pivotal part in guiding us toward an ideal outcome.

Like a long-time investment consultant, Firestone is continuing to grow accustomed to interpreting risk on a daily basis. She has created four core tenets of risk-taking we can all apply to anticipating, analyzing, and responding to the risks about Also the Odds: Sensible Risk-Taking in Business, Investing, and Lifestyle we face inside our business, investing, and personal lives. These tenets are right-sizing; right-timing; relying on skill, knowledge, and encounter; and staying skeptical about numbers, guarantees, and forecasts. Firestone’s approach is both practical and available to people who are making important decisions, such as embarking on brand-new career or life changes, beginning or operating an enterprise, making a sizable purchase, or deciding how exactly to balance across a complete portfolio of resources.

The audiobook is rich with anecdotes and examples of just how many prominent leaders within their fields encountered and dealt with risk on the way. Firestone also stocks her very own successes and failures, specifically when she decided to risk it all-a fantastic career managing vast amounts of dollars at a premium investment firm, her reputation, as well as the security in the home that comes with a solid and steady job-to go out on her very own.

Even the Odds helps us understand the broader implications of risk-and how it guides our decision-making-so that we can improve outcomes across multiple areas of our lives, from our businesses and investments, to the non-public choices we make.