Business is risk. There's not one business that can provide a business owner with 100% success guarantee.
I suggest you evaluate the level of risk of the business and determine whether you want to take on that risk. In the risk management field, this is called "risk appetite."
Make a list of the potential risks of the business. Understanding how the nature of your business affects risk is important in determining where to apply resources in order to help mitigate those risks. Recognizing areas of business risk will help you to optimize allocation of your resources.
Then indicate the level of probability that the risk will occur -- is there a high likelihood it will happen, medium or low.
This assessment can help you determine if the risks are well worth it -- and if you have the resources, skills and knowledge to actually overcome the risks.
If you are comfortable with the level of risk, especially when compared to the returns, then invest in the business. If not, then look for a safer business for you to invest in
2006-11-02 06:21:12
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answer #1
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answered by imisidro 7
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First rule of finance: Higher risk brings a higher return. No investment is completely guaranteed and riskless, although government securities are pretty darn close. Like the person before me said, if it's money you set aside to invest and you really want to then I don't see a problem in doing it. If you need to money in the future or are expecting to live off it, I would say that you definitely shouldn't do it. Before you do anything, do all the research you possibly can in the business.
2006-10-25 12:10:24
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answer #2
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answered by YZerizef 1
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By safety I guess you mean long term prospects of the company. If you are in a position where the loss of your investment would not jeopardize your financial well being and you think the return on your money is worth the risk, I say why not go for it.
2006-10-25 10:42:40
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answer #3
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answered by BD in NM 6
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Be mindful that successful business owners are the millionaires in our society today. And if you want to be one of them you don't need to take the risk. There are safer way of getting into business, get advice from business experts like Mind Strategics Learning Consultancy. You may achieve greater profits through learning the habits and mindset of a millionaire entrepreneur.
http://www.yourmindstrategy.com/expertprofits.html
2015-11-30 23:34:33
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answer #4
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answered by ? 3
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Try this product and if you like it which I think you will. Invest in the business. Watch the product video and then the business video on this website. Work the product then you will see it will actually work and then you can invest in the business. The cost to check it out is very small and I think you will find it worth your while. www.freedominforex.com
2006-10-29 14:53:06
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answer #5
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answered by Blanston 2
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Think about alternate avenue which can give you the same returns and then assess the risk.
There is no risk free business but there should be calculated risk.....if everything is at stake better Not to go for it.
2006-11-02 02:53:22
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answer #6
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answered by Vijay God Loves U 4
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