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No Success in Business Without Risk!!!

No success in business without risk is a statement of fact. The business work recognise that risk taking is vital in the success of a business and they even have what we call RISK MANAGEMENT. so we should out at the back of our mind that risk is an integral part of business and how well we manage it will determine how far we can go.
A business set up in transport and logistics after ensuring all within his power sets out but the condition of the road 🛣️ are not in his hands and the bad nature of road poses enough treat to his target. If accident occurs and there are damages to his goods in transit and his assets, what plan does he in place to get or reduce his loss. Plans like Goods in Transit insurance (GIT insurance), comprehensive or 3rd party insurance policy. Some business owners promised their customers replacement of goods lost in transit if they use the company vehicles to covey their loads and these agreement is a risk on the part of the service provider and assurance for the customer and also a selling point for the service provider
 
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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?

While it is true that most businesses involves risk, I still don't think that when you are in business, that you should take all manner or risk. That's not being risk averse. There are risks that one should jump out from when we are talking about business and understanding the type of risks to avoid will save your business from crushing.
 
Even after a perfect business plan, perfect skill, perfect employees, some things could still go wrong in the company. So at some point in the business, risks are taken and the outcome of the risk taken will determine if the business will succeed or not. There is truly no success for a business without risk because one can not be sure of every decision he or she makes
 
Yes of course, there is a saying "no risk no reward". If you want to prosper business, you should plan it well and also be able to take risk. Always try new things, and explore new options without fear because even if you fail,you will always learn from that mistake.
 
A lot of people are taking risks everyday and some people are succeeding and some people are feeling but there is 70% possibility that you will succeed in every Risk's you take because if you succeed now you will be a leader in the future and the world will celebrate you, take the risk and do what ever you want to achieve
 
Yes, real truth. Its that risk and it other side of the good part of the business that motivate, energized and stimulate you to plan well in other not fall in the wrong side of it which could lead to financial lost. I believe no one would want to loose, but always ready for the bad side of business. It won't affect only if you bare in mind it will occurr, so in the state of it occurence some solutions should be carried out quick and make things go well as normal.
 
Risk is life... Everything in this life is risky... But life is meaningless when you don't take it especially in business there are calculative risks that later change lives
 
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?
Well, while you might be correct, it is very crucial that the risk taken is a well calculated one. You need to have made an observation and some premises that would have resulted to the risk being taken. If the risk is right, then it leads to success. One the other hand, if it doesn't come out well, the business might die. In all, only take risk that are worth it.
 
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.
 
Risk is inevitable,it’s very important to be recognized in business,if it’s not acknowledged the business may likely liquidate,
Why I said it’s boost buy is that when it’s taking and business succeed it becomes a plus in achieving the organizational goal.
 
I agree with you that their is no success in business without risk you have to risk your investment/capital for the growth of your business , life it self is a risk and you have to take risk at every point in time to achieve your goals .
 
there is no how you can survive without risk,life itself is unsure we are just pulling through with risk.once you have the mind to set up a business then you have to be aware that risk is involved.the fact that the business will be a successful or fail is yet to be determined
 
To every business one is going into is a risk and there's a barrier that you must break and that barrier is that you must take a risk and start up the business,this does not mean that you should go into the business you don't have a good understanding about because it's always better to go into a business you can handle very well.
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To every business one is going into is a risk and there's a barrier that you must break and that barrier is that you must take a risk and start up the business,this does not mean that you should go into the business you don't have a good understanding about because it's always better to go into a business you can handle very well.
 
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?
You can never eliminate risk. Their is no such thing as a “risk free” business. The number of uncontrollable variables are just too great. Although you can work to manage risk, you can never eliminate it.
 
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.
Calculated risk is achieved by having enough data to affirm your position in any stand you want to take. You have enough figure to know the outcome if it goes bad would not impact so much on your bottom line. Calculated risk is good business in my opinion
 
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.
 
You can take a risk and start up a business and if you do this and your business is if you'll become an arrow and a lot of people who we're not able to start up the business as you do will come and work for you that is the advantage of taking a risk, a lot of big business brand today was once like us.
 
lot of very smart people end up as failures – failures in life, in work, and in relationships.
A lot of smart people are given plenty of opportunities for success and never take advantage of them.
A lot of smart people are born into privilege and yet turn into failures. And
A lot of smart people accumulate degrees and skills and still fail to achieve what we think they would.

And what is the common factor in all of these failures?
It’s lack of self-motivation.
All of the intelligence and all of the
opportunity and all of the book learning is simply for naught if there is no motivation to do anything with them.
Here are 10 reasons why self-motivation is the only path to
success.

What is Self-motivation?
A child may be motivated to pick up his toys if there is a reward for doing so (of if there is a punishment for not doing so). Someone outside of himself has created that motivation.

If there were not an outside motivator, the child would probably not be so quick to pick up those toys. He has no self-motivation.
As we mature, we become self-directed individuals. We muster up the motivation to accomplish things – or not. If we don’t become self-directing, then we don’t meet with success. Here’s why.

1. Without Self-Motivation, Goals are Not Set
Successful people set goals and then go after them. Those goals come from within, based upon that person’s passions. If goals are set
at all, the non-self-motivated person sets only small temporary ones. Such goals may be to get a job that will pay the bills or to save
enough money to take a vacation with a friend. They are small and short-term.

2. Without Self-Motivation, Plans are Not Made
Even if the unmotivated person is able to set a long-term goal, s/he then fails to develop a plan to achieve that goal. The goal just
becomes a dream for “someday.” The self-motivated person develops a very specific plan of action, constantly reviews that plan of
action, makes modifications when necessary, and stays on that path.

3. Without Self-Motivation, There is No Risk-Taking
Successful people do take risks. In fact, they are driven to take risks, because they know they will stagnate otherwise. Unmotivated people find excuses not to take risks, and
those excuses become justification for their stagnation. It’s not the right time; others have tried that and failed; my friends say it’s a stupid idea; my family won’t support me.

4. Without Self-Motivation, There is No Optimism
Optimism is that belief that the future holds promise. It provides energy and enthusiasm. Self-motivated people re optimistic about their
futures. Unmotivated people have fear and insecurity about the future. They are therefore willing to stay in their comfort zones where
they are safe and don’t have to fear an uncertain future.

5. Without Self-Motivation, There is Blaming Others
The self-motivated person knows that he alone is responsible for his successes and failures. When he meets failure, he is able to
reflect on it, identify what he did wrong, and change his behaviors and circumstances so that success is ultimately achieved. The unmotivated person blames others and never has to look within to see what should be changed.

6. Without Self-Motivation, There is No Follow Through
The self-motivated person, once he sets his path toward success, stops talking and starts doing. He is the list-maker who gets up each
day with actions in mind. The unmotivated individual develops his path perhaps, but then spins his wheels talking about what he
intends to do. No action follows all of that talk.

7. Without Self-Motivation, There is No Self-Confidence
Because the self-motivated has taken action and has met with some successes, no matter how small, he has developed the self-confidence to keep moving forward and take
on new and greater challenges. The
unmotivated person has not taken action and, therefore, cannot muster up any self- confidence to take on a challenge.

8. Without Self-Motivation, There is no Passion
Passion comes from a deep desire and a love for what one is undertaking and pursuing. Self-motivated people are able to feel passion and that keeps them going through any rough patches, even big ones. The unmotivated individual shuts down as soon as a rough
patch is hit, because he doesn’t have that inner passion that will push him through it.

9. Without Self-Motivation, There is no Focus Unmotivated people are easily distracted.
They may begin a project and leave it half- finished. They do the same thing in life. They set a goal, being planning and acting, and then get side-tracked by other events and
circumstance. The self-motivated individual never takes his “eye off the ball,” resists distractions, and move forward.

10. Without Self-Motivation, There are Missed Opportunities
Because the self-motivated individual has a passion for what he is doing and the goals he has set, he speaks to them whenever he has the chance, even to strangers. He finds opportunities to connect with other like- minded people; he surrounds himself with other self-motivated individuals. All of this relationship building brings opportunities for partnerships, for funding, for all sorts of support. The unmotivated person doesn’t seek these connections and misses opportunities. Passion, drive, planning, focus, and steady
action – these are the hallmarks of a self-motivated individual. And these are the very things that every successful person will tell us are the keys to success. All of them have their origin and their lives within that larger realm
– self-motivation.
 
Life is a probability which means it either this or that ( failure or Success). Every action one takes especially engaging in a business is a game of chance, once you invest into it you are risking all you have to get something more from it. As an entrepreneur if you don’t take risk as a matter of fear from what you are going to lose or doubt about being successful you won’t grow and you’ll never know what you are capable of if you give in to such fear, uncertainty, and doubt. A simple risky step begins a journey of a thousand miles.
 
It is good to take risks. Every successful entrepreneur took risks. By taking risks there is a chance to break new boundaries and take your business to the next level. However, not everyone can take risk and too much risk could be very harmful.
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It is good to take risks. Every successful entrepreneur took risks. By taking risks there is a chance to break new boundaries and take your business to the next level. However, not everyone can take risk and too much risk could be very harmful.
 

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