The dictionary gives the meaning of bold as ‘courageous and daring’
Most times, being daring and courageous can be interpreted wrong as being a person who takes chances without thinking about the consequences that may come with making such decisions, but generally being bold is a good thing.
This quote from Basil King, basically says that we should be courageous and so that we are able to reap the rewards for being courageous. This can be said for students. Not many people want to study, but when you take the step to study, it will open so many doors.
Take a risk in life, and that will work to your advantage.

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