Show me a man that is afraid of taking risk then I will show a man that will only celebrate other people success but not touch it in person. Life itself is a risk.
The poor people in life are always afraid of taking risk, the average people in life take risk sometimes but the successful people in life are not afraid of taking risk, infact they are risk taker.
You need to understand that anytime you are starting a business or investing in a business or any organization you are taking a risk.
Well my point of emphasize is that you have to take calculated risk if you want to succeed. You see some people are in poverty today not because they are afraid of risk but because they take foolish risk instead of calculated risk.
In this my post I will look at how you can take calculated risk and attain the success you desire. So us let go
First any business you want to do or any investment you want to take risk on you must do a lot of research about the investment or the business, understand their growth pattern and look at the people that have invest in it before and how they are doing. So you need a lot of research.
The second thing is that you need to think about the possible mistake that can occur when you take such risk and the possible lost that can incur, after that look into how you will overcome the mistake and avoid that lost or reduce the impact of the lost on your investment.
The third thing is that you need to set your goals. You see even in taking risk you need to set out your goals so that you will not move from calculated risk to a foolish risk. That is why it is important to set out your goals and know what you are doing.
Let me roundup this post by saying you do not need to be afraid of taking risk infact it is part of life to take risk. Just make such that you take calculated risk and do not be discourage if it does not work out the way you think it will work out, the road to success can be rough sometimes.
Thanks for reading my post
