What's the point of risk management after all?

There are three benefits to mitigating your risks:

• You don't give up resources you currently have
• It's easier to pursue something else if you realize you don't really want to pursue your initial idea
• Your family and friends won't shake their heads, or watch entertainingly. (People can be cruel.)

When you're trying something new, it is much better to have a plan to backtrack on in case things don't work out or go as anticipated. You'll have invested less time and effort into something, decreasing the likelihood that you'll be throwing good money after bad, so to speak.

Of course, just because something's hard doesn't mean you should give up. Remember, getting what you want isn't supposed to be easy! If it were, everyone would get everything they ever wanted.

Which brings me to the next part, where we'll delve into the "how" of getting what
you want.