“Suppose one of you wants to build a tower. Will he not first sit down and estimate the cost to see if he has enough money to complete it?” – Luke 14:28 (NIV)
William of Ockham, who lived in England about six hundred years ago, was a graduate of Oxford University and was considered one of the most brilliant men of his day. William became entangled in church politics, however, advocating that the church should confine itself to spiritual matters and stay out of the government. He caused such a commotion that the powers he was criticizing decided to get rid of him. He learned of their plot and escaped to a distant land.
Ockham proceeded to develop a method of reasoning, which later came to be known as Ockham’s Razor. In his way of thinking, you cut directly to the core of any problem, removing all unnecessary facts from the subject being analyzed. Ockham’s Razor is an invaluable “tool” which enables us to see the bare bones of a problem.
This skill is not only highly prized in business today, but can be the key difference between making a risk and being rash. Being rash is like jumping into something with both eyes closed. Successful risk-taking should always be based upon good information, thoughtful analysis, and clear perception.
You can apply this principle to every situation you face today. Remember: Jesus told us to “count the cost,” and He freely gives us the wisdom to do so.
George S. Patton said, “Take calculated risks. That is quite different from being rash.”