About Quote by Michael Ovitz
“My whole life has been about risk and reward.”
About This Quote
Source Speech: Stanford Business School, 2005
Ovitz frames his career as a series of calculated risks aimed at achieving rewards.
In simple terms: His life is about risk and reward.
Key Takeaway
Balance risk with potential gain.
Themes
career
risk
reward
Mood
strategic
pragmatic
Type
business
motivational
When to use this quote
- business negotiations
- investment choices
- career moves
- leadership decisions
Key Concepts
strategic decision making
entrepreneurship
Questions to Reflect On
- What risks have yielded the biggest rewards for you?
- How do you assess risk before acting?
A Different Perspective
High risk can lead to failure if not managed.
![“Asymmetrical risks and rewards: “Every single one of them is obsessed with asymmetrical risk and reward. . . . It simply means they’re looking to use the least amount of risk to get the max amount of upside, and that’s what they live for. . . . [They don’t believe they] have to take huge risks for…” quote by Timothy Ferriss](https://sms4smile.com/quotes/img-quotes/edc/timothy-ferriss-973_risk_asymmetrical-risks-and-rewards-every-sin_947075.jpg)
