Do Not Be Afraid to Take Risks
Exposing yourself to the chance of injury or loss in the pursuit of betterment is a key entrepreneurial trait.
This chapter will focus on the concept of risk and how to mitigate it. Risk is defined as: “exposure to the chance of injury or loss.” The biggest deterrent to entrepreneurship, aside from the start-up funding aspect, is fear, and avoidance, of risk. The first part of that combination, fear, is natural, and you can learn to channel it. Fear is a great motivator. Use its energy to fuel you to prepare better, practice harder, study more, and think longer. The second part, avoidance, is counterproductive. It means you are not confronting or dealing with an issue. You are foregoing a potential means ...
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