In all my business and management sessions with students and entrepreneurs – I am always particular about sensitizing participants to the critical needs of identifying, managing, and mitigating risk in business. There is no business or any such money-making endeavour in the world where one will not find RISK. As an effective entrepreneur – you must take a calculated risk to cross/overcome many hurdles, dangers, and uncertainties in your pathway of planning, executing and operating your business. Remember that taking a risk cannot be avoided but then you can always have effective risk management to mitigate risks.
Here’s what Mark Zuckerberg, an American media magnate and co-founder of Facebook, has to say:
WHAT DO YOU THINK?
Let me know in the comments section.
In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.