It Is Important For People To Take Risk In Both In Their Professional Life And Their Personal Life | Band 8 IELTS Essay Sample

It is important for people to take risk both in their professional life and their personal life. Do you think the advantages of taking risk overweigh the disadvantages?

Here is a band 8 IELTS essay on this topic written by one of our students. Need help with IELTS writing? Get your IELTS essays, letters and reports corrected by me.

Band 8 IELTS essay sample

It is believed that people should take risks in their personal as well as professional lives. There are certain pros and cons associated with this approach. I believe that taking risks has more benefits than drawbacks and my view point is supported in the following paragraphs.

To begin with, in personal life, many people break the stereotypes and follow their dreams. For example, many girls today speak against the gender bias and restrictions imposed on them, without caring about the male dominated society. Due to their courage, sex ratio and female literacy rate in many regions have improved substantially. Similarly, some people invest their lifetime savings in mutual funds or share markets, rather than depositing in a bank or post-office which are safer places to keep money as these are not exposed to market risks. But people take the risk to invest their money in fluctuating markets hoping to earn a better return, sometimes twice as much as what is offered by the banks. So, people who take such daring steps have an improved chance of making a fortune although the risk of making a loss is also high.

Similarly, in their professional life, people take various types of risky steps in order to attain their desired goals and positions. Sometimes they fail, but it is worth taking risks to achieve success in life. Elon Musk, the owner of companies like Tesla and Space X, is an inspirational example in front of us. He dared to make electrical vehicles and reusable rockets, when nobody believed him. But he toiled ceaselessly to become successful and now he is the richest person in the world and contributing a lot to reduce the greenhouse effect. Thus, risk appetite makes people more courageous and develops their problem solving skills which cannot be acquired by merely following others.

However, sometimes risk taking can also backfire. Failure may lead to broken confidence, depression and financial losses. But with persistent effort, hard work and knowledge one can easily overcome these demerits and become successful. Kiran Bedi, the first lady IPS in India, and Gautam Adani are noteworthy examples of people who with their courageous efforts and risk-taking abilities achieved tremendous success.

From the aforementioned points, it is quite evident that by being a risk taker people can become more prosperous and grow better in their work as well as personal life. Thus, the positive aspects of taking risk supersede its negative sides.

Manjusha Nambiar

Hi, I'm Manjusha. This is my blog where I give IELTS preparation tips.