How to Take a Risk in a Business

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How to Take a Risk in a Business – This is a place for the community to provide tips and advice on How to Take a Risk in a Business. This topic was created by Pavel Agameryants and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - 7 Risks Every Entrepreneur Must Take

Published: 10 years, 1 month(s) ago | Submitted by Chris Weathers | permalink

To start and support your own business, you'll have to put your career, personal finances and even your mental health at stake.
Tags: Starting a Business,Taking risks,Young Entrepreneurs,Risk,Business Circle

For further reading: http://www.entrepreneur.com/article/238319 ^[1]

Tip 2 - How to Take Calculated Risks in Business to Reduce Losses - Bplans Blog

Published: 10 years, 1 month(s) ago | Submitted by Ana Rodriguez - Rojas | permalink

As a business owner, you have to be willing to take risks. Risk defines entrepreneurialism. But not all risk is equal. That’s where you have to take some time and make some careful decisions regarding which risks present the highest reward for the effort. You may have heard the term “risk adjusted return on investment”....

For further reading: http://articles.bplans.com/how-to-take-calculated-risks-in-business-to-reduce-losses/ ^[2]

Tip 3 - How do I Take a Risk in a Business?

Published: 10 years, 1 month(s) ago | Submitted by Dave Jensen | permalink

Within a small business, there are many categories of business risk. Perhaps the risk category that sends many business owners into a tailspin is financial risk. Taking any kind of risk, whether ...

For further reading: http://smallbusiness.chron.com/risk-business-5133.html ^[3]

Tip 4 - 7 Reasons Why Women Should Take More Risks

Published: 10 years, 1 month(s) ago | Submitted by James Roe | permalink

Women are not exactly known for taking risks. Especially in the wake of the economic recession, women's supposed restraint has even been lauded as studies ask whether or not the financial crisis would
Tags: 7, reasons, why, risk-taking, leads, to, success, women

For further reading: http://www.huffingtonpost.com/2013/08/13/seven-reasons-why-risk-taking-leads-to-success_n_3749425.html ^[4]

Tip 5 - When to Take a Business Risk | TIME.com

Published: 10 years, 1 month(s) ago | Submitted by John Lee | permalink

You've got an idea you think could turn out to be The Next Big Thing, but if it doesn't meet a few key conditions, you could just be putting your small business in jeopardy. Here are a few things to think about before taking the plunge, from Maryalene LaPonsie at Small Business Computing.
Tags: small business, small business tip of the day,

For further reading: http://business.time.com/2013/03/27/when-to-take-a-business-risk/ ^[5]

Tip 6 - Risk in Entrepreneurship

Published: 10 years, 1 month(s) ago | Submitted by Cristina Ljungberg | permalink

Entrepreneurship means risk writes the author a veteran journalist turn dot com entrepreneur who lived to tell the tale in a best selling book In an equally frank article he speaks about teetering on the brink of financial and marital collapse before securing financing and advises fledglings to assess their tolerance for risk and level with loved ones before taking the risk laden entrepreneurial plunge
Tags: Risk in Entrepreneurship

For further reading: http://www.entrepreneurship.org/resource-center/risk-in-entrepreneurship.aspx ^[6]