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
Yes indeed exposing oneself to danger through risk can also attract potential misfortune. Because of this people push away their potential or turn away from the possibility of development. But it is also an eternal truth that in today's competitive market there is no alternative to risk-taking to stay ahead of the curve. So what can be done? The answer can be through proper knowledge of risk management to assess the economic impact of potential loss in any matter or business and take appropriate steps to minimize the economic loss. So what we should do is first identify any potential sources of damage. Then the consequences of the loss caused by the risk should be carefully assessed. And finally the best system must be selected from among alternative systems to address the risk. Only then can we get the best results from risk.