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An opportunity is a chance of getting
extraordinary rewards at ordinary costs and risks.
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Every opportunity has
some cost and some risk.
Must be willing to pay the price for opportunity.
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Opportunity = Rewards > (greater than) investment
and risk
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Opportunities
abound everywhere, but most people have difficulty seeing
them, especially if they are in their own backyard.
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Opportunities
are most often found in problems. Big Problems = Big
Opportunities.
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Opportunities
are most often found during period of rapid change. Big
Change = Big Opportunities
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Opportunities
quickly evaporate and must be acted upon
rapidly.
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Not
all opportunities are created equal; Some opportunities are better
than others; Challenge is to find the best opportunities.
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Most
opportunities can be improved with a little
innovation.
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Most
risks can be reduced with a little prudent effort.
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High opportunity = Risk-adjusted rewards >> (much higher
than) investment
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High opportunities are rare
and must be searched for diligently.
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High opportunities almost always come with high risks, but
don’t give up in the face of risk because most risks can be managed.
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High risks sometimes come with opportunities but be slow to
respond as they must be investigated carefully.