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Business strategy
Can one recorded success in business without Risk?
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[QUOTE="moonchild, post: 337328, member: 57467"] 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. [/QUOTE]
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Can one recorded success in business without Risk?
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