Almost everything in life is about risk. So no matter the business you want to venture into, you are about to take a risk. The main goal is to see how you can minimize the intricacies that comes with business to keep it going.
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Definitely nothing good comes easy. Every business involves taking risk.Almost everything in life is about risk. So no matter the business you want to venture into, you are about to take a risk. The main goal is to see how you can minimize the intricacies that comes with business to keep it going.
Every business passes through risk to be able to make a good profit, you can not establish a business without 5taking some risk, I took the risk of investing your hard earned money into a business you never knew if it can stand the test of time.Business is calculated risk .No risk -No business -No success ..Too much risk taking in business may be dangerous but it depends on individual’s economic condition ,patience ,determination .
@Abdul Naveed the risk an Entreprenuer is willing to face is directly related to the level of success the businesse would experience. Risk and success in business must be embraced to thrive in today's business world.There is no such thing, there is always danger. ... The success of any business depends on the risk you are willing to take. The only way to avoid risk is to start a business at all. You can manage your risk by starting small first and know the pros and cons of any idea you want to set up.
that is absolutely true and that is the total summary of what we call business. it is simply the product of one's risk and knowledge that we call business, people who are too scared to take the same risks end up staying in one place for long. business involves risk.The only way you will endure through all the hardship to grow your business into an Empire is if you love taking risks. And every risk has two possible outcome either you fail or it impact the growth of your business positively.
No success story without risk in business. Have you seen or experienced any?
@xerrly Thank you for highlighting one of the reasons most startups, young entrepreneurs and aspiring business owners failed. Majority of those aspiring to become a business owner couldn't because they can't see themselves adapting beyond their comfort zones.To truly succeed in business, it is necessary to step out of one's comfort zone and sometimes, it is only by taking risks that true reward comes.
In business, one can not eliminate risks, it can be reduced or managed though but there is no such thing as a risk free business.
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