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
Risk is very vast in scope and it is seen in every aspect of human endeavour, risk at the name implies is a chance loss, a combination of hazard and the possibility of unfavourable events occurring . In life risk is inevitable especially when it comes to business and investment . There are possible measures to take to take and control its impact in our life because there’s virtually no business that exist without risk and that’s how we should look at the control measures and take it very carefully and threat it with utmost importance.
There are so many benefits of risk taking , such as bringing you closer to good opportunities, creating forum for you to exploit more opportunities, it makes you gain access to higher investment chances , however avoidance is not the best way to manage risk because it will limit you from several opportunities. And note that in business the higher the risk , the more the outcome and that is to say that for someone to grow in business he or she has to take reasonable risks and there is no business that survive without risk .