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Risk is one constant thing we do everyday. Nobody knows what will happen, but we take risk even by walking on the road. Taking well calculated risk should not be an issue anywhereIt is okay to take risk in life and still life because they say life itself is a risk, so if we are afraid to take risk in life then we can't make it, the richest person in the world took risk in his life and business and he made it, so its ok to take risk .
That's true, life itself is a risk, but you should have it in the back of your mind that there is no need taking unnecessary risk, make sure you always calculate your actions before taking it.If you you really want to make it in life, you have to take a risk. Life in itself is a risk, so, when take a risk to do something and you fail, all you need to do is pick up yourself and try again and again until you achieve your heart desire.
Calculated risks in business sometimes cannot be avoided. However, a businessman must be able to differentiate between risks that are likely to pay off and the ones likely to fail.That's true, life itself is a risk, but you should have it in the back of your mind that there is no need taking unnecessary risk, make sure you always calculate your actions before taking it.
What you just explained is what they actually call calculated risk. Before making any decision, make sure you have made all the necessary research and gotten all the information needed, with that you can make your decision.Calculated risks in business sometimes cannot be avoided. However, a businessman must be able to differentiate between risks that are likely to pay off and the ones likely to fail.
I know it's necessary but at the same time it is always a wise decision for us to know the type of Risks we are taking. It is not every risks that must be taken. You have to carefully analyse if its worth the stress you will have to go through.If you want to be succesful in life and also in your business , then you must know that taking risk is inevitable , this who are afraid of taking risk always remain stagnant.
That is one of the reason whay one need to at least make a trial in anything he beleives in and not necessarily live in the realm of speculation,but what one should take as a risk should be calculated risk.Well we can't really be sure if we are going to fail unless we try and take the risk. Yes, it is a bit discouraging if we failed at first try and it's gonna cost you money but failure would give a valuable lesson.
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