IELTS SPEAKING A Time You Took A Risk That May Have Gone Wrong But Turned out Well: Study how the story is developed in Part 2 and get ideas so you can make your own monologue. Also, read the sample answers in Part 3 and practice discussing taking risks. This recent topic about taking risks is not complicated at all. 









Describe a time you took a risk that may have gone wrong but turned out



You should say:

what it was

when you took it

what the risk was

And explain why it turned out well



A N S W E R 


I don’t really consider myself a 100% risk-taker since I have a lot of reservations in life. I always think about the ‘what ifs’ before jumping into a final decision. But last year, I broke my own rules and made a big risk, which I was really aware of in the first place that it could make me go broke, but thank goodness, it turned out to be something I wasn’t really expecting. 

Early last year, I bought 3000 stocks from an IT startup company as I was encouraged by my friend, who has been investing in the stock market for years. He said that I should invest in some start-up IT-related companies if I really wanted to earn a decent amount of money from my investment in the stock market. Honestly, I was very skeptical of investing in start-ups then, since I didn’t have confidence.  But I dunno for some reason, I ended up buying 3000 stocks from that company which cost me $1,200 because the price of the stock was $0.40. 




Risk-taker [noun] – a person who takes risks

Jump into [phrase] – to suddenly decide to do something 

Reservation [noun] – if you have reservations about something, you aren’t sure that it’s entirely good or right

Go broke [idiom] – to spend or lose all your money

In the first place [phrase] – at the beginning

Thank goodness [phrase] – used as an expression of relief

Stock [noun] – a type of investment that represents an ownership share in a company

Startup [noun] –  a newly-established companies

Stock market [noun] – refers to a public market where you can buy, sell, or trade stocks during business days

Skeptical [adj.] – doubtful 

End up [phrase] – to reach a situation that was not planned or expected




i.) FIRST PARAGRAPH: The speaker developed his introduction by describing his personality first on the idea of taking risks. He didn’t immediately tell the examiner the risk that he took which turned out well, instead, he developed his introduction in a more creative way showcasing his language prowess. That makes his introduction not boring and doesn’t sound rehearsed – it’s natural!


ii.) SECOND PARAGRAPH: The speaker started to develop his story about that risk that he took. He talked about his investment in a startup company in the stock market. In this part, he talked about how and why he took the risk. That part served as his background story which helped him make the examiner understand his story better. 



After a month, I realized I lost so much money since the stock market was consistently going down – the price of the stock for that startup dropped dramatically from $0.40 to $0.35, you could imagine how upset I was. What’s worse was, it continued to dip until it reached its lowest value of $0.20, I was desperate and anxious as I already lost $600 from my investment and I couldn’t help myself but blame my poor decision for investing.

However, during the first quarter of this year, I was completely taken aback, that the startup company turned the tide. The value of their company blew up and the return on my investment went doubled. I couldn’t contain my happiness and excitement. So I made a decision to sell my stocks so I could make myself at peace. And because of that experience, I learned that life’s full of surprises and we should just trust the process. 




Upset [adj.] – unhappy; worried

Dip [verb] – to go down to a lower level 

Desperate [adj.] – hopeless

Anxious [adj.] – worried 

Taken aback [idiom] – surprised

Turn the tide [idiom] – to change things dramatically

Blow up [phrase] – inflate

Can’t contain one’s happiness [expression] – cannot hide

At peace [phrase] – free from anxiety 

Trust the process [expression] – to have faith that everything will work out as planned




iii.) THIRD PARAGRAPH: The speaker added supplemental details to his previous ideas to extend his story a bit longer. That’s also an important part of his story as he presented the problem. That served as the pre-climax of his story. 


iv.) FOURTH PARAGRAPH: In this part, the speaker talked about the result of the risk that he took and how it turned out well. That’s the climax of his story and the way he ended his story was creative since he ended it with a life lesson he learned from taking a risk.






Do you think it’s important to take risks in life?


From what I have experienced, I realized that it is necessary to take a risk every now and then in life, as it provides us with personal growth. When we take risks, we either fail or win and any of these results will teach us valuable lessons in life. If we fail as a result of taking risks, we learn the value of patience and resilience and it opens the opportunity to help us understand our capacity and therefore we strive for improving ourselves. 

However, if we get favorable results from taking risks, we can widen our perspective on life and make us fearless whenever we face some big challenges. So, I believe we can learn so much about life when we start breaking out of our comfort zone. 




Resilience [noun] – the capacity to recover from difficulties 

Capacity [noun] – the power to do something

Favorable [adj.] – beneficial; advantageous

Perspective [noun] – point of view

Break out of [phrase] – to escape from something like a situation or a way of life

Comfort zone [noun] – a situation where one feels at peace




i.) The speaker answered the questions by relating them to his experience but he didn’t spend more time talking about his experience so he wouldn’t be construed as a weak candidate by the examiner. Part 3 is basically not about giving personal examples so he transitioned to talking about people in general. In his answer, he talked about the consequences of taking risks – either positive or negative then he ended his answer by stating that the endpoint of taking risks was the valuable lesson people could get.


Why don’t some people take risks? 

Well, the fear of losing halts people to take risks in life. Not every one of us has the ability to accept failures as part of growth. Some see failures as embarrassment; being weak; having poor judgment in life. So those people who have that kind of thinking do not really dare to take a risk but later on, in their respective lives, some of them will have serious regrets especially when they are on their deathbeds. They wish they could have tried or explored more life by taking risks when they had the opportunity to do so, and that is already too late. 

Honestly, I do not want to have regrets in my dying days, so, I make sure to responsibly take risks every now and then, and I just hope that people will learn the value of taking risks. 




Halt [verb] – stop

Respective [adj.] – personal 

Deathbed [noun] – the bed where someone is dying




i.) The speaker answered the question directly. Then talked about the characteristics of some people who couldn’t accept failure. To make his answer a well-discussed answer, he talked about the regrets that those people would have when they’re on their dying days and how he didn’t want that to happen in his life. His answer is realistic or philosophical which helped him communicate his thoughts better. 


In what way we can encourage children to take a risk?


Well, for some simple things I guess because in the first place children cannot really make big decisions in life. So I suppose we can encourage them to take a risk in joining competitions such as painting, quiz bee, swimming, among others. As we know some children have not developed their confidence yet they are more than scared to dare themselves to join competitions.

We adults should guide them and let them know and understand the importance of taking risks in participating in some competitions in schools or in some educational organizations to boost their self-esteem. 



Among others [phrase] – to indicate that there are more things or several facts like the ones mentioned

Dare [verb] – have the courage to do something

Self-esteem [noun] – confidence; self-respect




i.) The speaker gave his assumption and stated that children could not really take bigger risks in life as adults could. Then, provided examples that would support his argument. In that way, he’s able to explain his answer thoroughly and then, finally ended his answer by giving his reflection that adults should encourage children to take a risk. 



Why do you think some of our plans don’t turn out well as we expect them to be?

As I learned from the author Paulo Coelho, the universe must conspire with our plans in helping us achieve our goals, so if it is the opposite, our goals or plans in life will not really come to fruition. There are times that no matter how hard we try, like pushing ourselves beyond the limit, we still end up having a bad result. However, there are also times when even if we do not exert much effort we can easily achieve our goals, that is because the universe is simply in favor of our plans and we are destined to make things a reality. 




Conspire [verb] – to act in harmony toward a common end

Come to fruition [idiom] – to be successfully be brought into existence

Exert [verb] – strive; make an extra effort

Destined [adj.] – to happen in  a particular way that seems to have been decided in advance



i.) The speaker simply recalled the lesson he learned from reading one book of the most famous author in the world and shared it with his examiner. He explained why some things are easy or not easy to achieve because of the universe. With that kind of answer, he’s able to show off his language prowess to his examiner. Cultivating a habit of reading surely pays off when you take an actual IELTS Speaking exam. 

Learn how to answer the RECENT IELTS SPEAKING PART 2 about A PLACE YOU VISITED THAT IS POLLUTED on this link


Anyway, that’s all for IELTS Speaking A Time You Took A Risk recent topic! Now that you have plenty of ideas on how to answer questions about taking risks, make sure to develop your confidence in order for you to express yourself better and ace your exam. Good luck!



Meaning of Words and Phrases Sources: Macmillan, Cambridge, Oxford

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