“The larger the risk, the larger will be the profit, the smaller the risk, the smaller will be the profit” - this quote defines the entrepreneurial world. As an entrepreneur, taking risk is challenging as well as motivating. Generally, the goal of each entrepreneur is to mitigate risk to as near zero as possible. But, risks are what keep us on certain paths and help us avoid others, especially the less profitable ones.
Each entrepreneur has their own identifiers of risk and reward. Jeremy Harbour, Singapore-based successful entrepreneur, advises we take risks in business to touch the heights of success. He has also written a book named Go Do! especially for young entrepreneurs who are scared of taking risks. Go Do! is comprised of a very interesting chapter titled ‘Risk.’ As the name suggests, the chapter particularly contains the description about why people fail to live up their dreams of starting a business. Jeremy also discusses the issues of failure and why it is important to try something rather than regretting later in life not doing it. Failure with a learning experience is much better than not trying at all.
Each entrepreneur has their own identifiers of risk and reward. Jeremy Harbour, Singapore-based successful entrepreneur, advises we take risks in business to touch the heights of success. He has also written a book named Go Do! especially for young entrepreneurs who are scared of taking risks. Go Do! is comprised of a very interesting chapter titled ‘Risk.’ As the name suggests, the chapter particularly contains the description about why people fail to live up their dreams of starting a business. Jeremy also discusses the issues of failure and why it is important to try something rather than regretting later in life not doing it. Failure with a learning experience is much better than not trying at all.
