Do you have guts to take risk in business?

Discussion in 'General Business' started by olddocks, Nov 1, 2007.

  1. Kestal

    Kestal Peon

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    #21
    I have recently begun to realize that more and more. I finally started to put my foot in the door, though I am still not taking as many risks as I should be.

    So far, within a week, I have started plans for 3 websites and have been developing them as I go along. I'm just trying to learn as much as I can about SEO/SES and affiliates before taking any bigger risks.

    I'd be happy, for now, if I could just make as much as I would in a part-time job, so I could quit mine. Then I could at least get some work done. >_>
     
    Kestal, Nov 8, 2007 IP
  2. Yankee0306

    Yankee0306 Peon

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    #22
    Getting up in the morning is a risk. Calculated risks are different than speculation, hope, or gambling

    When you are at the end of your life will you regret your risk decisions?
     
    Yankee0306, Nov 9, 2007 IP
  3. thsadmin

    thsadmin Notable Member

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    #23
    Or the risks that you never took - will you regret that you didn't take more risks ?
     
    thsadmin, Nov 9, 2007 IP
  4. The Emirates Gallastico

    The Emirates Gallastico Banned

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    #24
    I take a boatload of risks every day, and it shows in my Paypal balance... swings between low/high like THAT :p
     
  5. chadking

    chadking Peon

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    #25
    I have taken many risks, and sometimes they've paid off nicely and other times I've gotten the raw end of the deal. I have always been a dollar short and a day late to any big payoffs, but I've learned a lot and made considerable money at times...though it mostly ends up reinvested.

    The best thing is to have a good plan and an exit strategy if things don't go according to the plan.

    Overally, without risk there is no reward. That's hard to remember on the low days, but it's important nonetheless.
     
    chadking, Nov 9, 2007 IP
  6. dnk

    dnk Well-Known Member

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    #26
    It is better to take a risk and fail, rather than not take a calculated risk at all.
     
    dnk, Nov 10, 2007 IP
  7. Gordo

    Gordo Peon

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    #27
    Risk is all part of the thrill for sure
    It's like speeding in your car, you know you shouldn't bit it won't stop you.

    Your either born a risk taker or your not
     
    Gordo, Nov 10, 2007 IP
  8. xmcp123

    xmcp123 Peon

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    #28
    Risky is my business model. Some weeks(aka this week) it does not pay off, but some weeks(aka last week, and next week) really do.
    The thing about risks is that you get better at them the more you take. For instance, I lost money this week. A lot. But I know I keep on kickin, and next time I won't make the same mistakes.
     
    xmcp123, Nov 10, 2007 IP