Take calculated risks for growth from "summary" of Small Business Ideas by Terry Kyle
As an entrepreneur, it is essential to understand that taking risks is a necessary part of business growth. However, it is not about taking blind risks. Instead, it is about taking calculated risks that have the potential to propel your business forward. Calculating risks involves evaluating the potential outcomes of a decision and determining whether the potential benefits outweigh the potential drawbacks. It requires careful analysis, research, and planning to ensure that the risk you are taking is a strategic one that aligns with your business goals. Taking calculated risks can lead to significant growth opportunities for your busi...
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