b) Spend lavishly
Well done ! That’s the right answer.
The proverb is used to say that it is worth trying to do something as one might succeed even though success is not certain.
French translation
Qui ne tente/risque rien n’a rien
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Examples in the press
‘Nothing Ventured, Nothing Gained : Is It Worth Taking Risks in Life ?
There is a proverb, which sounds in Ukrainian : “He who doesn’t risk, doesn’t drink champagne” with the analogy in English “nothing ventured, nothing gained. ” The meaning is quite obvious in both cases : if the person doesn’t take any risks in life, he or she will not achieve anything in life. It seems quite logical - only those people who have the courage to take some action and do something in life, without having any certainties or guarantees for the future, will become successful in life. But not everyone is like this. Quite often, when it comes to taking some risks in life, we might feel butterflies in the stomach and become hesitant as to whether or not to take those risks.’
huffpost.com, 6 Dec. 2017
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Everyday usage
Ground-breaking can pose a threat to some, but ... nothing ventured, nothing gained.
Decisions have to be made because as the old phrase goes - nothing ventured, nothing gained.
Whether it will bring significant profits is not certain, but nothing ventured, nothing gained.
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