Risk taking

[aquariancore]

Hahahaha, sort of well done Seb

Nothing like a bit of debt to help us focus :)

Mind you, as a seller, I'm not so sure i appreciate the hassle of dealing with a buyer who really has not got the funds - but as you say, you have always managed to pull it of somehow.

As a side note (and not related to risk) - if you happen to have the funds, ready and waiting, you can for example pull of some great deals, just because you can say to the seller that you have the funds ready and waiting and it could be in their account TODAY - provided they accept your offer

Anyway, lets here some more from "risk takers"
[/b]

Risk talking doesn't always have to mean money. Expansion may not be in an area that compliments the business and over course over exposure is a factor.

[eria]

I always take risks blindly and in 80% cases I achieve my goals and yes 20% I may loose , the thing is that how much you work out before going to take any risk. if the ratio is 50:50 then don't go for it and if it is around 75:25 between success and failure then why not.

[aquariancore]

I always take risks blindly and in 80% cases I achieve my goals and yes 20% I may loose , the thing is that how much you work out before going to take any risk. if the ratio is 50:50 then don't go for it and if it is around 75:25 between success and failure then why not.
[/b]

It can't be too blind if your are checking the ratios.

[eria]

Yeah its not blind, but it is a risk anyways. you can say I don't take blind risks

[aquariancore]

That's the key to fully investigate your niche and plan a direction that will ensure the risks you take are not without good foundation.

[paperclip]

One thing is to take risks and another one is to be stupid. Regardless you need to be informed and take a calculated risk. It is a risk nonetheless, but you know what to expect.

[aquariancore]

Another key is analyze your results as you go along. Always look for new ideas to market whatever it is your are doing.

[paperclip]

Another key is analyze your results as you go along. Always look for new ideas to market whatever it is your are doing.
[/b]

YES! Is all part of being informed. Is like getting in a car. It is a risk, but if you don't analyze results as you go along, you will crash into a wall sooner or later.

[aquariancore]

I have someone looking my shoulder here that makes a good point. You should continuously analyze every when it seems like things are going extremely well. The first year to establish market pattern , the second year to work on your strong points.

[chaketz90]

You give me an idea.. Thank you.. Ahm.. I didn't risk my money or anything for that..