There is a possibility that when taking a chance it could go right or wrong. 

There are varying degrees of this, sometimes the wrong outcome could be very bad and sometimes the right outcome could be very good.

But it’s a risk, so the point is there is a possibility that the outcome will not be the one you want. 

To decide to take the risk or not you should evaluate opportunity cost.

Opportunity cost is determined by whatever you are missing out on.

This is commonly overlooked.

Because of the power of opportunity cost I encourage you to take more measured risk. 

Take time to evaluate what you could be missing out on.