No Success in Business Without Risk!!!

[Setho]

Risk is what have driven most of the worlds greatest innovations and your business is most likely not to reach a very good stage if you do not take risks. It is also of very important to note that in taking risk we should take worthy risks and not just any kind of risks. We should then put risk management blocks to ensure we maximise our chances of succeeding or minimising chances of failing.

 

[EMMANUEL]

It is a chance to learn. Without risk, entrepreneurs will not experience failure and therefore will not learn from their mistakes. ... In addition, taking risks teaches us important skills such as how to calculate contingencies as well as strategic thinking and planning.
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It is a chance to learn. Without risk, entrepreneurs will not experience failure and therefore will not learn from their mistakes. ... In addition, taking risks teaches us important skills such as how to calculate contingencies as well as strategic thinking and planning.

 

[eojo2401]

There is no investments in live that is 100% free from risk, the only thing that is 100% guaranteed in live is death. Besides, in potifilio management, it is also stated that the most risky ventures attracts high profit, but one needs to be extra careful while taking risks. Take the only risk you can bear in case of any eventuality

 

[Ziki]

we don't invest in those businesses, because the input and output ratio is not good. You look at those businesses, why they can't raise money, why we don't invest in those businesses, because the damn thing can't grow.

 

[Nurudeen]

That's very true, Business comes with risk and that should be the rod of what entrepreneur should use to break in their Investment. However, patience is the antidote to break out in investment and Business because if you don't have patience too you are not going anywhere in the business. So I agree with your words

 

[Asad Ali]

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.

 

[Shahzad Ahmad]

Yes, risk is involved in any business you want to established. Because without risk, it is impossible to make it successful. You should endure many troubles and provide it full attentions as well as time. After it, you cannot earn profit by ignoring risks.

 

[Abbeyola]

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?

Life itself is full of risk,most business you can not predict the success of the business in future.
But with focus and consistent strive for success. Then it will later blossom,and competition also affect the success of a business.

 

[Janita]

only those businesses develop who take risks and invest more becauses prices of coins and currencies are increasing and decreasing day by day so the prices are changed if we invest more and have some patience in our life so after some time our business will success and developed.risk in necessary to take without risky I don't think so we can get success.

 

[singlej007]

Any business that has no risk is not a business, I have not seen any business that has no risk at all. When you know the risk involved in a particular business and you are interested in that business, it will help you to know how to go about the business because, you already know the danger involved.

 

[Folaham]

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.

Also, it is said of those who have passion and love for the business and strongly believe (based on educated study and investigation) that their product and services would fulfill a need in the marketplace, if such business experiences and setbacks. They (business owners) won't throw in the towel because they knew that failure cannot defeat them. They are ready to learn from it and the the lessons learnt as business tip to help them succeed the next time around

 

[Aniwhyte]

You're absolutely right on this, there is surely no success in business without taking a risk, this doesn't apply to business only it applies to all forms of things that one engages on, as the popular saying goes "nothing goes for nothing" there is absolutely no gain without passing through pains.

 

[Segshowee]

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?

This is a tale every business owner has to tell. Their is no business without its own form of risk associated with it. How determined and focused you are in handling the risk goes a long way in determining how successful you would be in the business.

 

[Gilead]

There's a popular saying that...what does not kill you only makes you stronger. Risks is part of the concept one need to understand in the world of business. You need to also know that the higher the risk you take, the higher your returns whether positive or negative.

 

[maventiger]

@Gilead no doubt it makes one stronger in business but not just anyhow risks. Taking calculated risk in business is what differentiate small companies from top companies. The more calculated risk you are willing to take in business will determine the growth rate of the company.
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There's a popular saying that...what does not kill you only makes you stronger. Risks is part of the concept one need to understand in the world of business. You need to also know that the higher the risk you take, the higher your returns whether positive or negative.

no doubt it makes one stronger in business but not just anyhow risks. Taking calculated risk in business is what differentiate small companies from top companies. The more calculated risk you are willing to take in business will determine the growth rate of the company.

 

[MarieArie]

Your business can fail if you exhibit poor management skills, which can be evident in many forms. You will struggle as a leader if you don’t have enough experience making management decisions, supervising a staff, or the vision to lead your organization.

Perhaps your leadership team is not in agreement on how the business should be run. You and your leaders may be arguing with each other publicly, or contradicting each other’s instructions to the staff.

 

[shakky2]

there is definitely no success in business without risk management because risk is a factor you can do without in running a business,it may not occur at the beginning of a business but rather show later which if you don't build yourself against will later breakdown the business

 

[Diamond07]

Yeah, life in itself is a risk. In business, there are many risks business owners take, some turns out well and some doesn't. If it doesn't turn out well, you don't have to term it as failure, rather you have learnt something. We must learn to take calculated risks and always measure the impact of risks in business.

 

[Presh1503]

In life everything you do requires you to take risk so for you to become successful in your business you definitely have to take some certain risk no matter the hardship all is for a greater good

 

[Patrik]

risk exists in every single business without exception, but your smartness controls its existence and level, of course the road of success is filled with failures and issues, but you learn from them