Risks of Starting a Business

Every business or venture is a risk.

When starting a business, you can:

  • Fail
  • Not sell enough
  • Fail to acquire costumers
  • Lose your goods as a victim of theft or have your products spoiled or outdated
  • A number of unforeseen things

Summing up a lot can go wrong.

  • You can lose your money
  • You can waste your time
  • You can enter into disputes if you are selling, even without your knowledge, a product without quality
  • You may be a victim of a con

So starting a business is risky. But if you are learning these steps, is because in a way you know that this can happen, and you know that it will not be easy.

MOST NEW BUSINESSESES AND COMPANIES FAIL.

A Business does not become A multi-national like Coke by luck, no one owns a millionaire company by chance. You can make a lot of money, but to be a millionaire you need science. It takes a lot of education, lots of experience, lots of repetition and lots of reading. And certainly, some failures.

Reconciling Business and Family

But how to reconcile this thirst for success, the risk of failure and the difficulty of having a very successful business with a healthy life?

Here is a story that illustrates this point:

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