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Thank God your risk paid off, but what if they didn't pay off? Do you think risks as a calculation we should always thank God for making our risk pay off.You could well be right with such assertion but making sure it is a calculated risk or minimizing the risk is very important. I have been in businesses where I had to take some really serious risks, thankfully it paid off. No success without risks.
So right my brother i believe you, that is why there is business assurance where if your business flops they help you pick it up again.No business without risk. Ability to face the risk and conquer the risks make a business grows and popular. However, a business owner must know how to minimize risk his business may face in order to maximize his profit.
That is true though, most times to learn the lesson, you have to pass through the experience. Like my self back then I have made alot of crazy risk but now I have gotten some experience and I do not think I would take some action now I took back then.We can't actually bland them they are many things we're negligent of, I myself tried setting up a business it wasn't until I stated I saw the risks involved
To be a successful business person you would need to take some certain calculated risk,some risk are neccessary in business if you really want to move to anothe phase in your business.Successful entrepreneurship involves taking risks. If you don't embrace risk-taking, you may want to rethink being a business owner. ... Taking risks, however, does not mean going into business blindly and then expecting great results. Taking risks in entrepreneurship involves careful planning and hard work.
Taking the first step of starting up a business is a very risky move and we all should know that setting up a business is a risk on his own because there a possibility of the business not becoming successful no matter the effort we put into the business. There are some external factors that can affect a business that are beyond our control that can make a business not to succeed so no matter how we might have planned envisioned how the business is supposed to move but it can still fail.Business is sometimes full of risk because when you make decisions and you are not sure of what you are doing and this decision sometime may fail and you lose a lot of money and sometimes it may come out well and you earn a lot of money.
Let's learn from your experience tell us more about risks you thought were crazy and risks you consider safe, it may help us make better choicesThat is true though, most times to learn the lesson, you have to pass through the experience. Like my self back then I have made alot of crazy risk but now I have gotten some experience and I do not think I would take some action now I took back then.
LoL back, there was a time I invested all my earnings on a site that claims they have been around for 15 years and when you invest with them, they would trade with your money and bring back returns within 15 days. Since I had cash out once from them before I felt it was really legit the next time I placed all that I had, and it really backfired. They scammed me and I was stranded for days with no money. Now no matter how sure I am about a particular investment, I would. Never empty my self. I would always keep something as backup to fall back on Incase things go south.Let's learn from your experience tell us more about risks you thought were crazy and risks you consider safe, it may help us make better choices
I would say that this is a common low key scam, I myself have fallen for it investing in a platform that claimed to be trading forexLoL back, there was a time I invested all my earnings on a site that claims they have been around for 15 years and when you invest with them, they would trade with your money and bring back returns within 15 days. Since I had cash out once from them before I felt it was really legit the next time I placed all that I had, and it really backfired. They scammed me and I was stranded for days with no money. Now no matter how sure I am about a particular investment, I would. Never empty my self. I would always keep something as backup to fall back on Incase things go south.
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