Place bets often, but not hastily. Consider all of the consequences—positive and negative—before you lay down your chips. Be ready and willing to accept the negative consequences if your bet is wrong.

Everything in life is one form of a bet or another. Taking a safe job instead of focusing on your own ideas is a bet, no matter how much risk it removes. An interesting life is a balance of both safe and unsafe bets. Don’t let a fear of making a mistake stop you from doing something that excites you.