Post
Topic
Board Economics
Re: The benefits of risk taking
by
Uruhara
on 03/04/2024, 01:44:44 UTC
Risk is when a person is exposing him/her self to dangers, possibility of incurring loss or misfortune
So many people run away from business opportunities just because they fear they will run into loose and didn't want to take such risk
I have come to the realization that the word risk is part of life and that it is better you take part in it than not
From history it has been said that the great entrepreneur and business men/woman where all risk takers when you take risk you throw your self to the real of possibilities
That is why it is always said that behind a big risk there is always the potential for much bigger profits. And successful people are those who are always brave in taking risks. But taking risks is also done after going through a process of careful analysis or consideration. Because after all, wise decisions will bring good results. That is the important role of analysis. so that you can see the potential behind the risks and so that you can minimize the risks that will be taken.
The word brave is different from the word reckless. And what we have to take is to be brave and not reckless.