Creating strategies is not that easy. The main problem is that even if you create a strategy, then it still does not mean that you will see positive results in the first place. So, analysing your risk tolerance is important when it comes to investing in any kind of business.
I can actually say that creating a strategy that you're going to follow when it comes to running your business is very easy but the difficult aspect is being able to stick to that strategy and make sure that you don't deviate from it because there will always be challenges that is going to force you to deviate from your strategy which if you're not careful it is going to end your business on the point.