Taking risks in business

[Destiny Nayaba]

There are times in business where you have to take dangerous risks in order to see your business in a higher level. Some of us don't have the courage to take risks. Men who have made impact today were men who were courageous enough to take risks that may have cost them seriously . It's hard to take risks because of the price you need to pay. You might loose very valuable things. I don't mean that we should take risks anyhow. But we should be people ready to pay the price.
The world has a habit of always rejecting you in the process of paying the price and embrace you when you have been rewarded. So don't mind those that discourage and despise you when you are about to take the risks. Just do it and do it wisely

 

[marcusfe]

Taking risk is an essential part of business because there will surely be a need for it. Whoever that cannot take risk should not bother to go into business at all because business itself is a risk. A risk in business becomes a calculated risk when you have already carried out a proper survey and done adequate analysis of what is likely to come out of the risk you are taking whether it will go in your favour or not.

 

[Queentener]

There are times in business where you have to take dangerous risks in order to see your business in a higher level. Some of us don't have the courage to take risks. Men who have made impact today were men who were courageous enough to take risks that may have cost them seriously . It's hard to take risks because of the price you need to pay. You might loose very valuable things. I don't mean that we should take risks anyhow. But we should be people ready to pay the price.
The world has a habit of always rejecting you in the process of paying the price and embrace you when you have been rewarded. So don't mind those that discourage and despise you when you are about to take the risks. Just do it and do it wisely

Starting a business itself is taking risk, so why is taking risk being scary to you? the fact is we don't know what will happen when we start the business. We just hope and believe that the goals and the vision we have for the business will come to manifestation this itself is risk. So no business owner will say my business became this successful and I didn't take any risk is a lie because taking risk is part of business.

 

[springtech]

There are times in business where you have to take dangerous risks in order to see your business in a higher level. Some of us don't have the courage to take risks. Men who have made impact today were men who were courageous enough to take risks that may have cost them seriously . It's hard to take risks because of the price you need to pay. You might loose very valuable things. I don't mean that we should take risks anyhow. But we should be people ready to pay the price.
The world has a habit of always rejecting you in the process of paying the price and embrace you when you have been rewarded. So don't mind those that discourage and despise you when you are about to take the risks. Just do it and do it wisely

This is an interesting topic. Risk taking is not come and chop. This is not for the faint hearted at all. While some of us are wired to take risk having the mindset that risk is part of life, even life itself is risk. However many people chicken out when it comes to risk taking. And I don't blame them. Even those of us who take risk, we don't always enjoy doing so as we get to loose most times and some other times it play out well. But I personally have a say, " not taking risk at all is even a risk, so why not take risk".

 

[Chibson]

It is actually good to take risk in business provided you actually know the type of business and of course have enough knowledge about the type of business you are venturing into. Before venturing to any business you should have adequate knowledge and also the financial capacity in order not to run out of business halfway.

 

[Georgeadawara]

In time of business you can not start a business with out taking a risk but the risk depends on the type of business you want to start the level of risk you want to take. They are risk that can be control to it minimum level and some of the Risk are high level risk that is why it is advicerble to start a business with the small business so that you can understand the Risk that are in it.