What is your biggest fear in business

[Bisolami]

My biggest fear in my milk tea business is when I will be having a rival in the mall. So far this time, I am the only seller of this. But I am already assuming that soon I will have a rival.

I know how it feels when you have a rival which was unplanned. You will surely have your way if that happens

 

[Starmix]

I know how it feels when you have a rival which was unplanned. You will surely have your way if that happens

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.

 

[cherry123]

Mine is inability to make the business work it can be devastating to have a business that you have invested so much into collapse just like that it is a painful thing.

 

[Starmix]

It's indeed a painful thing if a business collapse. That is why it must be planned well, to have an alternative. Capital must be added not deducted by using it for a family's needs.

 

[cherry123]

Some people even become depressed from business failure. it is always very disturbing to have your source of income wither away just like that. We need to always do the planning well

 

[Starmix]

That is right. That's what I am doing to my business. I always list down possible plans in case problem arises. It seems I'm taking my business as a family member hehe.

 

[cherry123]

Exactly, you need to do it in such a way that you are getting the right planning for your business. losing a business is never easy for anyone. So it is to be careful.

 

[Imran Noori]

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.

 

[Passiveearner]

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.

 

[uptrendfinancialsignal]

The biggest fear in business is the fear of failure.

 

[Heatman]

Same here
It is a very sad thing to invest so huge in a business and at the end of the day, you will not make profit

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.

 

[Bisolami]

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.

You are right
The greatest fear in a business is still loss. People will feel bad when they lose.

 

[uptrendfinancialsignal]

You are right
The greatest fear in a business is still loss. People will feel bad when they lose.

It is better to accept that losses are part of business.

 

[Shavkat]

My biggest fear is failure. It's a scary thought to pour your heart and soul into something, only for it to not pan out. But hey, you gotta take those risks to reap the rewards, right?

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.

 

[Heatman]

It is better to accept that losses are part of 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.

 

[astutimeliana723]

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.

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.

 

[SHAHID987]

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.

 

[astutimeliana723]

Ketakutan terbesar dalam bisnis tetap ada bahwa jika kita akan gagal, jika pelanggan tidak akan datang lalu apa yang akan kita lakukan ketika saya memulai Toko Kelontong saya, beberapa hari saya sangat takut jika pelanggan tidak akan datang lalu apa yang akan saya lakukan Saya tidak dapat memegang tangan pelanggan dan membawa mereka ke toko saya, jadi setidaknya bagi saya ini tetap menjadi ketakutan terbesar.

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.