Any risk in starting up a business without proper training?

[Kane]

You can own a successful business without a training, without formal education, and without previous experience. All you need is money to invest and ability to choose right employees.

 

[Setfragil]

The risk in starting any business at all is certain, how much more for one without experience. The catastrophy is too great to imagine. Get some training first for your own good

I couldn't agree more with you. Those who have the proper business training fails in their business not to talk of someone who do not have the necessary training needed to be successful. Anyone that goes into any business without training will likely fail.

 

[Setho]

Businesses usually come with a lot of complexities and uncertainties and as such you should first learn before wanting to go into any business to be a success.

 

[Kane]

When Jeff Bezos started Amazon, did he have training, experience and expertise in running an online business? How was he successful? Do not play with the wrong notion.

 

[Trexxxy]

There really isn't a blueprint to business, people who had more training than others have failed woefully, you can only try your best and hope that it works.

 

[Kunkun]

Definitely there would risks to start up a business without the proper necessary trainings and that could be detrimental on the long run and thus have a negative effect or even staunch the growth of the business

 

[topfly007]

Of course it is a big time risk for anyone to start up a business without a prio knowledge about the business in question. It is like embarking on a mission that is bound to fail

 

[Richard92]

I can agree with that because I know of several big business owners here who didn't have what we call proper training. They just had the capital for a start up and the rest is by playing it by ear. The operation is fully monitored that they can learn from the daily events regarding the sales and the customers.

there is every tendency that they will be high risk in starting a business without proper training because the investor or the business owner will face challenges.

 

[Alexandoy]

Businesses usually come with a lot of complexities and uncertainties and as such you should first learn before wanting to go into any business to be a success.

A person with no learning on the business is like a soldier going to war without a weapon. A business is not a simple endeavor unless you are wealthy and the capital that you will invest will not harm you when you lose it. If you have heard of the business plan that is the summary of the research and the data that were gathered.

 

[Prettyjanie]

There is a huge risk in starting a business without training as you stand to loose all your investments. Before you embark on any business, it is pertinent to have gotten a certain level of knowledge before you stand on your own.

 

[Setfragil]

Of course it is a big time risk for anyone to start up a business without a prio knowledge about the business in question. It is like embarking on a mission that is bound to fail

In fact I have never seen someone that invest in a business without proper training and succeed in it. No matter how small a business is, you need some experience and knowledge to be successful in it.

 

[tyrim88]

There is a big risk, and the risk is, you will end up losing in your business or get the whole business crash, I am talking base on experience, do not go into business if you have just semi knowledge about the business, when challenged comes you will not be able to takle it.

One of the basic tool to use in any business venture is the adequate knowledge of a particular business and the niche you are going into.Because adequate and proper knowledge of the terrian as well as the customer base and all the intriuges associated in the business needs to be known.

 

[Alexandoy]

There is a huge risk in starting a business without training as you stand to loose all your investments. Before you embark on any business, it is pertinent to have gotten a certain level of knowledge before you stand on your own.

When you make a start up with zero knowledge it is like giving away your capital. But in fairness to an adventurous business owner he can still succeed if he is smart enough to monitor his business and learn the ropes of operation as the business opens. It is not easy but it can be done.

 

[mcjerry]

I think it's a big time risk, especially when you don't know much about the business you want to venture into. There are some businesses that seems so easy when looking at, they look exactly like what we can handle without under going proper training. What do you have to say about it? Is it wise enough to invest into a business you don't know much about?

I agree with you. It will be a big risk without obtaining necessary training or knowledge before starting a business. Because when doing the business it might get to a level that some kind of challenge will come up and the person will not know how to overcome that challenge

 

[eLdavis]

There are lots of risk in starting up a business without the right form of training, you could end up making the wrong choices or you could end up being cheated.

 

[Kelly5]

In fact that kind of risk in starting a business without learning what the business is all about is a very careless thing and decision for a business owner to actually embark on

 

[Kane]

You need knowledge on the chosen niche. Let say you are trying to launch an online store, you need knowledge on how to operate the store, how to market the store and so forth. Investing without proper knowledge will not make you successful.

 

[Setho]

Whenever you start a business without proper knowledge there is a high risk that you are going to suffer in scaling it or even worse the business might fail completely.

 

[Bousine123]

It's very risky but there is a way you can go about it to reduce the amount of risk involved. That would be to get a partner who knows much about the business.

 

[Alexandoy]

It's very risky but there is a way you can go about it to reduce the amount of risk involved. That would be to get a partner who knows much about the business.

That may be a good advice to have a business partner to lead you in the business. But didn't it occur to you that your partner will have the full control of the management since you do not have enough knowledge? That is a big risk for you to take in your start up.