Risk taking

[eldavis]

Is it advisable for a business owner to take risk with this current economy? Every business owner has to take risk in one way or the other, but i believe a business owner should know when to take risk and when not to.

 

[Magnus2022]

Every business involves risk but what calculated is it. There are risk that is balanced but there are risks that are suicidal. For instance, engaging in illegal business is a high risk that is suicidal. Suicidal in the sense that you can lose your life or face detention.

 

[Bisolami]

Is it advisable for a business owner to take risk with this current economy? Every business owner has to take risk in one way or the other, but i believe a business owner should know when to take risk and when not to.

Every business is a risk itself so it not being bad in taking risks

 

[eldavis]

Every business is a risk itself so it not being bad in taking risks

That's absolutely true, truth be told, everything about life is about risk, but while taking risk, try your best to make sure you are sure about what you are going into.

 

[RicAngelo]

That's absolutely true, truth be told, everything about life is about risk, but while taking risk, try your best to make sure you are sure about what you are going into.

Totally agree with "everything about life is about risk". Taking a risk is something that we do everyday, so back to business "when you did a great job you are win but when you lose big youre learn. So, thats circle of life, sometime you win sometimes you learn.

 

[Sanjeev]

One should take the "calculated risk". It means one should check the loss a person will have if he/she fails in making a decision. It's true the people who take risks get more success in life than the people who don't.

 

[eldavis]

Totally agree with "everything about life is about risk". Taking a risk is something that we do everyday, so back to business "when you did a great job you are win but when you lose big youre learn. So, thats circle of life, sometime you win sometimes you learn.

Truth be told there is always something to Learn in everything you come across. The most important thing is that you see what you need to learn. In your losses and your win, there is a lesson to learn.

 

[Enxx]

They do say that every business is a risk, but I don't agree. If a business we want to go into is risky, I will advise us to leave the business because I don't think that we are ready to lose our Investment.

 

[Stardom22]

For me I agree with you that people learn through mistakes since experience is the best teacher

 

[uptrendfinancialsignal]

Risk is an integral part of a business and I want to ensure that there is no business that does not have its own risk to take.

 

[cherry123]

not

Nothing good come easy there's always some level of risk involved. So we need risks to motivate us

 

[Shavkat]

As a matter of fact, taking a risk is always a part of business. It is mind boggling when it comes to decide whether to go or not taking the risk.

 

[Ebutech]

Is it advisable for a business owner to take risk with this current economy? Every business owner has to take risk in one way or the other, but i believe a business owner should know when to take risk and when not to.

Yes it is very advisable for a serious business owner to take risk, most importantly calculated risk, because the world favours the risk takers and the future belongs to the risk takers

 

[eldavis]

Yes it is very advisable for a serious business owner to take risk, most importantly calculated risk, because the world favours the risk takers and the future belongs to the risk takers

That's just it, this is where so many persons tend to get it all wrong. Its just like saying you have to cross to the other side of the road to get a millon dollar, we all know crossing the road can be risky but it does not mean you would have to just run into it. You would have to take your time looking left or right

 

[Reedex]

Taking of risk is what each and every individuals would always want to avoid because risk-taking is pivotal.

 

[Heatman]

Is it advisable for a business owner to take risk with this current economy? Every business owner has to take risk in one way or the other, but i believe a business owner should know when to take risk and when not to.

Business is all about taking risk every day which is why it is something that you can never be avoided whenever you start up any business. This is because there is always a possibility of your business facing a challenge that is going to make it to crumble.