[ Wealth ] How to eliminate all risk in your business
Managing the risk of your business is essential because it can make or brake your business. Remember that if you lose your business or your initial investment you might not be able to get back into business and will have to go find a job to save up for that initial investment.
If you apply the wealth creator’s strategy and start a business with no money, you have no risk. Most people start a business with initial capital and that is the risk. The risk of losing that money.
So it is best to start a business with no money or capital. That way you cannot lose and you have no risk. Most institutions will tell you the higher the risk the higher the return, but this is not true. You can structure your business to get started with little or no money. This way, when you make money your return on investment will be much higher than starting with big investment amount.
Have a look at this YT video by Hannes Dreyer for much more detail:
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Colin Brazendale
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Thank you sharing this nice information on here.. If it ain't for you and this post I wouldn't be aware that I could any business without risks.... You rock
Yeah I like this. Thanks. You can start with zero capital, and make a lot of money very very quickly, especially if you know how to use social media effectively. Then you can always boost your posts or do ads later if you want to invest money with your profits. Hannes Dreyer looks a lot like Donald Sutherland.
Risk cannot be eliminated when it comes to business or even anything in life as a person you must face risks to make you stronger when handling situations and also an entrepreneur must face risk to make him be a better business personnel. TAKE NOTE; The bigger or higher the risk the better your accomplishments
This is very nice post. I read it and know many things about business.Thank you @colinbrazendale for share nice post in steemit.