What is your biggest fear in business
- Thread starter eldavis
- Start date
Yes, I already made a plan what to do in case that happens. I may reduce the amount of my milk tea at least some cents to retain my customers. I'm hoping it will be sooner.
I don't have a business but if I have one then my biggest fear would be consequence losses because it is the biggest sign of bankruptcy but fear is not good, we need to fight against problems.
Fearing huge losses is definitely one of the biggest fear when it comes to investing in any kind of business. This is because I have suffered a lot in the past.
The biggest fear in business is the fear of failure.
There will always be losses in business which is why you will always have to be very careful in the kind of project that you invest much in your business so that whenever something doesn't go according to plan you will not lose so much.
It is better to accept that losses are part of business.
That is the saddest part when a business did not work out. All time, assets, and energy will be drain with nothing gained. Although risk is a part of the game in business.
The kind of losses that I'm not going to accept in my business are careless losses that I should be avoided to get into because of my greediness which will end up costing me more.
Yes I totally agree with you, the fear of many people in business is that they are afraid of losing/bankrupt. So, he had to think of ways to keep the business running well and find ways to minimize losses.
The biggest fear in the business remain that if we will fail, if the customer will not come then what will we do when I started my General Store, few days I was in great fear that if the customers will not come then what will I do I cannot hold the hand of the customer and to take them to my shop so at least for me this remain a biggest fear.
Yes, you are right, it is undeniable that that is the fear of many people who work as sellers. They are afraid of not getting customers or losing loyal customers. But we must remain optimistic and look for ways to get customers to come to our stores and buy existing products. Satisfying service will make them loyal customers.
