World Business News

Sunday 21 October 2012

Entrepreneurs & Calculated Risks


Entrepreneurs & Calculated Risk
  1. Entrepreneurs take calculated risks by seeing the upside that could come from any business situation.
  2. They stack the cards in their favor by calculating the potential for profit vs. the potential for loss. 
  3. Most people see risk as a negative thing whilst entrepreneurs see opportunity.

"Calculated Risk Taking" is one of the skills we should describe entrepreneurs as having.

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