The perspective shared is that while risk entails the potential for loss, it’s an unavoidable element of life and business. Embracing risk opens up possibilities and opportunities for growth and success. Historically, successful entrepreneurs and business figures have been notable risk takers. This approach suggests that confronting and managing risks is preferable to avoiding them, emphasizing the transformative power of risk in achieving potential and discovering new avenues for success.
Avoiding risks is not a good option for entrepreneurs and business figures because they all know that when they start a business at any level, of course they are very aware of the risks that they must manage well before achieving success. Because the process of achieving success does have stages that entrepreneurs and business figures need to go through because this does not come instantly in any business. So it is true as you said that managing risk is much better than avoiding taking any risks in the business we run.