No Success in Business Without Risk!!!

[Ralphjoe]

There are no success without risk is a universal truth that everyone should be made aware of before they venture into business because the act of making money in business is their propelling force. When they don't make this money they become so agitated and get so frustrating, but assuming they are very much aware about business being a risk, then I think we wouldn't be having this conversation.

 

[Kiwi]

Almost everything in life is about risk. 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.

 

[Yaqoob Habib]

if you really wants to make money in the business world then you must be ready to take some risk. All businesses involves a certain level of risk. That is why you must always try as much as possible to insure your business no matter how small is the business.

You can't be successful in business without taking risks. It's really that simple.

 

[Smithkid]

Life itself is a risk. Waking up everyday and stepping out of your shelter is a risk. I haven’t come across any busjens that doesn’t involve risk. Investment your money on a business is like staking your money on a bet. You either win or lose. Also the high the risk the higher the output

 

[Ehtisham memon]

Yes risky are in the Bussiness to the success and making successful in the business making big and good business with taking a risky and time taking and taking interested in our business

 

[Tinaconcept]

Yes for sure no business without risk infact buying sealed goods alone that you don't know what is inside a customer might buy it when gotten home open it and there is a factory problem that alone is risk because returning it to the factory will take your time and maybe money.

 

[Ziki]

One of the things we've learned I've done a lot I've trained now probably, you know 350 of the top CEO in the world they come to Harvard for a bootcamp We call it the new CEO workshop and when a CEO gets appointed

 

[Neeta313]

You have a point, because whether rich or poor, as long as you decide to start a business, even if it has potential, there is that uncertainty as to whether it will accomplish its full potential. Starting a business involves you taking a risk, in some businesses the risk may be high, while others may be low.

 

[LaylaG]

Yes before you can make it in life there are some risks you should take these are the risks that can liberate you from poverty but at the same time there are some risks also you should not take you need to identify between good Risks and bad risk so that you will not regret so much in life.

 

[Blue house]

taking a risk is unfortunately a step that cannot be skipped if you want to be successful. The only way to avoid the risk is to take no action at all but with this approach you can’t achieve success, so, instead of avoiding risk, you should minimize it and be willing to accept the results.

 

[Joseph555]

There's no business that doesn't involve risk no matter how diligence one might be, there must always be an avenue for risk taking except such person is not ready to succeed, a fearful investor is a baby with money.
Risk is in business and business is successful after taking high level of risk.

 

[Sotherefore]

yes you are right that no one can actually achieve success without first taking a risk to step forward but sometimes I do not always know the best lakes to take and the one I should not take please can anyone explain the difference between the one we should take and the one we should not take

 

[Robrown83]

I agree with you no matter how small the business is it is attached with risk. And the higher the risk of a business, the higher the money you will get from it if you take the risk. I believe that life itself is a risk. Therefore, to be a successful business man/woman you have to take any risk.

 

[Pauljonnes1000]

Thing to do are to be successful:

1. Be focused: businesses are always full of ups and downs. You must put it at the back of your mind that loosers never win and winners never quite.



2. Good treatment: treat your customers right, be hospitable. They will at the end, pay for everything.



3. Be trustworthy: let your customer know you as a truthful person. Let your yes be yes and your no be no.

4. Be time conscious: let your customers trust you with time. Deliver good at the right time.

5. Be reasonable with price giving to customers: don't allow your own price to be very high for the first time comer. You can give them higher price when they have build trust in you. They will pay with happiness.

Do all of these, you will be successful!
[automerge]1612349695[/automerge]
Thing to do are to be successful:

1. Be focused: businesses are always full of ups and downs. You must put it at the back of your mind that loosers never win and winners never quite.



2. Good treatment: treat your customers right, be hospitable. They will at the end, pay for everything.



3. Be trustworthy: let your customer know you as a truthful person. Let your yes be yes and your no be no.

4. Be time conscious: let your customers trust you with time. Deliver good at the right time.

5. Be reasonable with price giving to customers: don't allow your own price to be very high for the first time comer. You can give them higher price when they have build trust in you. They will pay with happiness.

Do all of these, you will be successful!

 

[Folaham]

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.

This is a wise idea. Just because of the tag and the likely possibilities of success in taking some risk doesn't mean that we should expose the business to all kinda of risk. Venturing blindly into a business you have next to no knowledge about is not risk but stupidity because the business will face a lot of realities which the poor experience of the manager/owner who lacks knowledge and vision to run the business

 

[Blessedsam60]

The second name or the other name for business is called risk. Business can be risky but a good businessman or an entrepreneur will always have a calculated risk when doing a business. But doing business is worth more than a monthly salary earning.

 

[Kinglegend01]

Yeah you are very right on this, there is no way you can be successful in business without taking a risk at one point in time in your business. Every business carries it's risk, in fact the higher the risk the more sustainability of and profit to be generated form the business. Many shy away from doing business because of the risk involved but they have forgotten that even not taking risk is a risk itself.

 

[Frank]

This is a wise idea. Just because of the tag and the likely possibilities of success in taking some risk doesn't mean that we should expose the business to all kinda of risk. Venturing blind into a business you have next to no knowledge about is not risk but stupidity because the business will face a lot of realities which the poor experience of the manager/owner who lacks knowledge and vision to run the business

I once heard of a very wealthy man in my community that went into fish farming without having any knowledge about the business. He invested millions of Naira in the business, but at the end lost all because of disease outbreak in the farm. Business is all about guidance and mentorship, when you lack the expertise to run one.

 

[Milz]

No risk, no reward. Life itself is a risk. For your business to be profitable, you have to take risk. No business makes it big without risking huge sums in advertising and distribution of products.

 

[Goodday]

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?

Yes, you are just right. The reward on any business adventure depends mainly on the risks associated with such business. Businesses with less risks are always not profitable in most cases.