Do you really need to rake risk?

[Mika]

When you are starting a business do you really need to take risk? Are there any businesses without risk? Well, all businesses are risky and you are required to take considerable amount of risk to run and manage the risk. Businesses are risky does not mean you are bound to fail. If you work hard to create a great product or service and if you create a good marketing strategy to sell your products and services, you can profit from your businesses. There are risk in businesses does not mean you will always fail, there are methods to minimise business risks.

 

[Etini]

Businesses are risky. Even you having to step out to start any kind of business is a risk on it's own. You don't know if people would find your business attractive enough to patronize. But what would make you to step out regardless is belief and confidence. Every business has it's own risk factors too. All you need to do is to study and understand the risks, prepare for it's possible occurrence and run the business. With these, you would stay ahead of the risks.

 

[Mikes smithen]

As a business owner or a business manager it is important that you have what is known as risk taking ability, the reason why this skill is important is because with it you could be able to achieve future organizational goals and objectives and expected and as planned. In business in order to move forward and to realize better output you need to take risk, but at times participating in various business activities which involve risk could bring down on or failure but that does not mean that you should reject or slack back any other future opportunity but rather you must learn from your mistake because business is all about learning.

 

[Leah Kelvin]

Often, in business, it is necessary to take risks for growth and progress. However, it is crucial to assess and mitigate risks where possible; avoiding risk completely may curtail your potential for innovation and advancement. Nonetheless, not all risks are equal, so informed decisions made after careful analysis and planning are key.

One of the very reasons why calculated risk-taking can be beneficial in business is because it creates chances for new opportunities and avenues of growth that would have been impossible had one not stepped out of their comfort zone.

 

[Axis]

Yes in business risk is important and it is very much necessary for a business owner to have a risk taken ability to as to be able to engage in various risk so as to move the business forward. One of the main reasons why majority of businesses today are dominant in terms of growth and development and in terms of reaching greater and higher height is because they managers and the owners to such business are possibly afraid of taking risk possibly in areas of investments and acquiring new business properties for expansion. Risk is important but it must be planned so that mistake cannot be realized.

 

[Augusta]

Yes, you would need to take risk. You need to know that all businesses are risky and you are required to take considerable amount of risk.

You need to learn how to take calculated risk to be able to run and manage the risk that would come with the business. Businesses are risky and you need to plan well not to fail. If you work hard to create a great product or service then you should borne the risk to come out successfully