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How to take risks in business and expeditions without fearing failure: Seven rules from Hongkonger who's scaled the Seven Summits

Maths whiz, mountaineer and entrepreneur Paul Niel - conqueror of highest peaks on seven continents - on how to take calculated risks in expeditions and business, the value of failure, and why he’s not planning to return to Everest any time soon

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Paul Niel shooting photos in the Congo
Tessa Chanin Bristol

Hong Kong-based adventurer, mountaineer and entrepreneur Paul Niel has been climbing mountains since before he could walk. His father was a mountain guide and mother a ski instructor, so he spent the first year of his life being carried up mountains on his father’s back.

“It took me around 15 years of my walking life to climb as many mountains as I climbed in that first year and a half in my dad’s backpack,” says Niel, who hails from a small village in lower Austria.

Climbing down Denali,  the highest mountain peak in North America, with a summit elevation of 20,310 feet above sea level
Climbing down Denali, the highest mountain peak in North America, with a summit elevation of 20,310 feet above sea level
He’s since scaled the Seven Summits – the highest of each of the world’s continents – including back to back ascents of two peaks over 8,000 metres (Mount Everest & Lhotse).

Niel, also a speaker and social entrepreneur who has worked with various charities in Hong Kong, Nepal and Kenya, studied statistics in Vienna and Sydney. “I’m a very analytical person. My background in mathematics has really shaped the way I approach adventures,” he says. “As a statician I like to structure things, weigh off certain odds – and that plays a big role in risk management for expeditions.”

Paul Niel on top of Mont Blanc
Paul Niel on top of Mont Blanc

Take it one step at a time

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