Can one recorded success in business without Risk?

[Mataracy]

Let start with the definition of risk.
What is risk? Risk is the probability that an even will ochre. Risk implies future uncertainty about deviation from expected earnings or expected outcome.

Risk measures the uncertainty that an investor is willing to take in order yo realize a gain from an investment.

Remember no success story without risk on business.
There is no business no matter how small or big that can survive without risks be it calculated risk or in depth risks.

People do take risk to enable one get positive results but before you take any risks,firstly try to understand the extent of damages it can cause to the business and at the same time the extent of positivity it can bring to the business, in finance it call calculated risk.
This enable you to know the extent of risk that is to be taken.
Is there success without risk?

 

[Sotherefore]

Everything is actually possible as you can actually achieve it without risks, the ability for you to start up the business is there enough risk because it requires a lot of confidence before someone can be able to start up a business,since you have started the business already you can succeed with this because starting up a business itself is a risk which you are taking.

 

[Alexandoy]

A business is like gambling because there is the prospect of gaining and also the risk of losing. As the saying goes, the higher the risk then the higher the prospect of profit. However, there is some businesses that are low-risk in nature like dealing in real estate or the hardware business. But still there is the risk involved.

 

[moonchild]

No

Risk and gain goes hand in hand, you have to come to terms with the possibility of risk, you might say I'm just risking such amount but you haven't factor in is the opportunity cost, when you start a business you're basically risking your time with the hope of making a profit theta might or might not be possible.

So you have to understand that and put it in your expenses, also if you're getting into a competitive industry there's s chance of losing customers to your competitors, that has to be factored in too, but you might also get lucky in your first business.