Business is risky!

[ProMarketer]

Do you agree that in order to become an entrepreneur, one should be a risk taker? I do believe so. In life, we make choices. We may have thought of a situation many times, but we cannot predict what will be the real outcome unless we try it. In business, we can do research and market studies on a small group of our target audience, but it is just a small percent of the target audience. When we launch our product to the bigger market, it may be as successful as the market study, it may even exceed the expectation, but it may also not do very well compared to the small audience. In business or in life as a whole, the take risk in the choices we make. But we can always do calculated risk, we may not fall hard.

[Jim Gillum]

If you do all the research and studies, with positive results.....you reduce the chance of failure...
But there are no guarantees.....


Several years ago there was a big scare about beef being very bad for your health....
Quite a number of "food places" switched to chicken...including a number of chicken only shops....


The public avoided beef for a short time and returned to the old beef eating practices....
Most of the chicken only shops crashed....

There is no way to foresee these unpredictable factors that can have a negative effect on a business....

Try to find a black and white television....or a telephone with a dial....

Consider the negative effect that email has had on the US postal service.....Who knew?......

[webspider20]

In business the bigger the risk doesn't mean bigger reward. The bigger the risk means more likely to fail. So risk comes into play, but not in the best way.

[webcosmo]

commonsense most of the time works better.
you can only take big risk when you can afford to handle the loss.

[mgarcia]

“EVERY FAILURE BRINGS WITH IT THE SEED OF AN EQUIVALENT ADVANTAGE.”
Every risks has its own advantage, we must learn how to overcome it.
Do not afraid to take risks.
If you learn life's lessons, you will do well. If not, life will just continue to push you around. To spend your life living in fear, never exploring your dreams, is cruel. To work
hard for money, thinking that money will buy you things that will make you happy is also cruel. Money is a risky thing, but if you handle it well then it will not be a problem.

[andr97]

Hm...for me it's really hard to take risks at times, the's always fear to lose something you've worked for for some period, but as I see from my experience most risks are worth it

[regska]

Everything in this world are risky, the only difference is the level of risk. Whatever you do, there's risk on it. Even employment has risks. Some might say that they will just go to work and earn steady or fixed income, but it has risk as well. What if your boss finds better than you? What if your company was bought by another company and they need to lay off employees? What if you become sick and will not earn any active income? You don't have passive income in employment. Even if you like someone and you're about to tell your feelings to him/her, what if he/she rejects you?

Everything has risk. We just have to deal with it and take the risk for us to know what would be the result if we try it.

[highseo]

I think if you study a lot about it and collect true information for your new business, you can start your business or company without having problem and in this case you can do it without risk or with a little risk.

[Free Classifieds]

I agree on this post, that a business should always know the possible risks it may encounter. To make a business is always connected to make "countermeasures". One must always consider that.

[Rosin]

Originally Posted by regska

Everything in this world are risky, the only difference is the level of risk. Whatever you do, there's risk on it. Even employment has risks. Some might say that they will just go to work and earn steady or fixed income, but it has risk as well. What if your boss finds better than you? What if your company was bought by another company and they need to lay off employees? What if you become sick and will not earn any active income? You don't have passive income in employment. Even if you like someone and you're about to tell your feelings to him/her, what if he/she rejects you?

Everything has risk. We just have to deal with it and take the risk for us to know what would be the result if we try it.

I like your saying.and that's what I wanna say about risk.

in life,risks exist everywhere.you just can't explore every one.

[GenEquis]

I disagree. Yes business is a risk, but so is walking across the street. So, I guess it depends on what you consider a risk. Selling snow to Eskimos, better get some good sales people

[theprodigy]

Every choice is a risk, that is life..

[websolutionkey]

life is not a bed of roses!!

Risk is in-evitable part of business .

One who wins continuosly is not the actual winner, One who looses and gets back again for trying is the original winner!

[annlight72]

I agree with the comments above, business can be risky! The main risks can be divided into external risks, for example economy, inflation etc and internal factors like poor management

[ledbeauty]

That's true. To establish a business is rather difficult. You will have to face all kinds of risks, if you hesitate at the critical moment, the situation will be totally different. As an entrepreneur, you must be brave and decisive!

[rickyjohn12]

When you borrow money to start a business, you're introducing a huge risk factor into the equation. I don't borrow money, so I really can't recommend that you go into debt. Saving up and paying cash is the best way to go.
The only other thing I would consider doing that would lower your risk would be an owner-financed deal. The current owner finances the transaction, and your pay to them is based on the profitability of the business. That way, if there's no profitability, you're not bankrupt.
Some people will go out and borrow $500,000 or more to start a business. Then, if the business doesn't do well and you can't make the payments, you're bankrupt. There's really no in-between, and that's a bad deal.
It's just a dumb idea to do these "all or nothing" business deals. Even if owning a business is your wildest dream, there's no point in taking risks like that. It's just not necessary.

[btrendzg]

All I would say is, if you are prepared and have done your homework (research work), than there is nothing to worry about. YES, business (including everything else we do / deal in professionally) is risky sometimes, but that doesn't mean that we shouldn't be doing anything. Do your research, be prepared, come up with plans and strategies; and show the world what you can do.

Good luck,

[drology]

I agree with you. Everyone is exposed to risk on deciding to be an internet marketer because there are a lot of fraud and cheating people on internet. Doing good search and exerting some effort in investigations will be very helpful. Also getting more knowledge facilitates a lot of difficulties .Hopefully scams and frauds disappear. I am looking forward to that day. Failure sometimes is the guide to success. I hope to you a very fruitful and prosperous life. Thank you

[skyhighlnkr]

I seconded, business is a risk that you have to gamble, but the key there is just to be positive, be persistent and consistent. You need to be mature enough in order to have a successful business.

[nishant.soni]

If its not risky, its not business.