Michael Dell: ‘The Most Dangerous Thing Is Not Taking A Risk’

Michael Dell, founder and CEO of Dell, Inc., told HuffPost Live at Davos on Friday he’s disappointed in entrepreneurs and leaders who don’t encourage a little risk taking.

“When you hear people talk about risks at Davos, many times they’re talking about risk as a bad thing,” Dell said. “The way I think about risk is, I want to take some risks. The most dangerous thing is not taking a risk.”

Dell said he thinks it should be more simple to get businesses started and change the culture so “there’s more acceptance of risk.”

“If you want to create jobs and entrepreneurship, make it easy for people to start companies,” Dell said.

Dell did acknowledge more risks could lead to more failure, but he argued that could be a positive thing.

“You don’t learn anything when you’re succeeding, right? You learn when you’re failing,” Dell said.

Below, live updates from the 2015 Davos Annual Meeting:

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“After we completed the [yoga] course, the results were amazing,” Bertolini said, saying in addition to weight loss and happier employees, there was an increase in productivity by 69 minutes a month.

“We think it’s about a ,000 a year savings,” Bertolini said, noting his company’s health care costs actually went down after implementing mindfulness practices.

Mark Bertolini said a number of CEOs at Davos have asked him how he made the major changes at his company.

“Not everybody should be at an hour, there may be people who need to be higher,” Bertolini said, noting people’s lifestyles are directly impacted by how they are paid.

“I’m not sure you can impose from the outside, cultural change… I think it has to come from within, I think it has to be organic,” he said.

Balkin addressed the negative feelings many people have about the failures of banking.

“I think we’ve been in a really unique period of history where we’ve had moral and ethical failure… the difference is, we feel finance much more because it’s an empty pocket, it’s money… these other ethical failures, the tangible results of those failures we don’t necessarily feel as directly,” Balkin said.

“I think optimism.. matters, because unless we’re optimistic we give up,” Sandberg said.

Sandberg said people connecting with others all over the world leave her optimistic about progress we can make.

“The opportunities have never been better,” Sandberg said. “Look at what’s happening with just 40 percent of people getting connected.”

“I think we can connect more people and we can be optimistic,” she added.

Sandberg said she’s been working at getting more sleep, noting she watched how her kids act when they’re lacking sleep and realized she often has the same kind of reaction.

“I really do prioritize sleep and it made a huge difference,” Sandberg said.

Sandberg said it’s an issue that women do more work than men.

“Women do more everywhere they are,” Sandberg said.

Sandberg noted women do more work even in the office, saying “office housework” often falls to women in the workplace.

The Huffington Post