Who is a Risk Taker?
An individual or business that tends to behave in a way that can
potentially cause physical harm or financial loss, but might also
present an opportunity for a rewarding outcome. Most business types
that thrive on innovation will encourage a risk taker mentality among
management to help support the creative process in other staff
members. To every great entrepreneur, the number factors that made
them who they are today is their guts of taking risk.
You need to be able to be a risk taker at times if you want to hit it big
and make the most that you can.
Most times people who are adventurous are the ones who take
risk. They are ignited with a zeal to reach new heights and such zeal
empowers them to be more creative and prepared to win.
it’s risky not to take chances. “In a world that’s changing really
quickly, the only strategy that is guaranteed to fail is not
taking risks,” .If we’ve
learned nothing else from the most successful
professionals of the world (Zuckerberg,Gates etc), we’ve learned that
taking great risks can reap
great rewards. Whether you’re wanting to start your own
business or hoping to switch industries entirely.
Take a chance! All life is a chance. “The man who goes the furthest
is generally the one who is willing to do and dare.” – Dale Carnegie
Risk takers are more likely to be successful because they do not limit
themselves and are willing to put in their energy when every other
person is hesitant.
Why Most Entrepreneur Are Afraid To
Take Risk
• Fear-Many Entrepreneurial are always afraid to take Risk because
the care more for their wealth instead of their passion ,The are always
afraid and always ask the question “What if ” As an Entrepreneurer
the question “what if” should be out our mind and always ask the
question “How can”
•Doubt-Many Entrepreneurer are always doubting their skills,try to
explore and make sure your skills has no limit..You can never known
your capability until you make a try.
•Pressure-Just because Everybody who tried fail doesn’t mean you
would fail too. Most Entrepreneur judge their strength with
others,Just because Bill gate tried it and fail means “taiwo fresh” who
is not even the richest man in his community and doesn’t have any
business skills would failed too, The answer to that is No, If I don’t
give it a try I would not know if I would fail or succeed,Do not let
anybody tell you you can’t? Always make a try
•Lack of Vision –Most Entrepreneurer do not have aims and goals, so
what are the taking risk for,The do not have a dream nor vision,it only
takes a man with dreams and vision to take risk,Have a dream today
and take a risk on it
Three Great Entrepreneur Who took a
great career risk
We have a million of successful Entrepreneur who took a Great risk
and are very successful today,But I would only be discussing about
my three best Risk taker Entrepreneurer, which are
1) Bill Gates: After two years at Harvard, a young Bill Gates took a
risk that would end up giving way to the rest of his
(wildly successful) career: He dropped out of college to
found Microsoft.He never asked himself Questions like what if
microsoft fold up,how will him feed himself, What if he doesn’t get
support ,how will his peers feels. The moment he dropped out he was
a failure to the Harvard
Today, Harvard’s most successful dropout
makes a point of urging students to stay in school (“getting
a degree is a much surer path to success,” he’s said), but
the idea behind his decision to drop out is still the same:
Sometimes, a great risk reaps great reward.
2) Ashley Qualls- She is such a great inspiration to me ,At the age of
14 she dropped out to create a website she was not even sure of, it
always a shame to me if an if 14 year old girl could take such a great
risk,then am disappointed in most entrepreneurer Am not urging
student to drop out but am asking them to take a risk in their
field,Ashley Followed her passion and took a risk off it. Your passion
might not involving dropping out,it not until you drop out before you
take a risk
3) Elon Musk- When you make millions on an internet
company like PayPal, the world generally expects you to,
well, create and make more millions on another internet
company. But Elon Musk’s dreams lay elsewhere. Rather
than follow a more conventional career path, Musk took
the money he had made at PayPal and invested it in two of
his own highly innovative startups, SpaceX and Tesla.
Though his attempt at operating these two ventures at once
nearly sent both companies into bankruptcy, it seems to
have ultimately paid off — today, both SpaceX and Tesla
thrive.
Things To know Before Taking Risk so has not to fail
50 % of risk taking sometimes lead to failure,Not all Risk Takers
have a Great story to tell,Many Life has been lost in the verge of
taking Risk. Here is a little story from my Encounter
“I had a Family Friend, who was a Civil servant,he was been paid
over $10000 equivalent to dollars ,he had invested so much ,he had
Hectares of land ,Poultry Farm,Computer organizations and many
other investments..He had always dream to be the first Nigerian to
set up an automobile company,back then there was no automobile
company. We loved and supported his dream,he sold off all is
investment to invest into an automobile business,He even borrowed
capital from banks as well ..He invested all Funds into this business
but within four month of investment, the news I heard was that his
company went bankrupt and he his currently lying sick on the
hospital bed ” I wondered what could have happen back then
because we weren’t given a incite of the whole incident,in the last
few month,I asked my mum what happen, she explained why he
failed and why must Entrepreneurial run into financial lost then I
was motivated to bring a topic out of what she said then I could now
understand why he went Bankrupt”
• Firstly, He didn’t not have enough Knowledge about the business he
was investing in, he only had the dream. If Bill Gates had dropped out
with the dream of building microsoft and did not have any knowledge
about computing ,I wonder how is life would have turned out today.
“It not always about you dream it sometimes about your knowledge,
it just like dreaming to ride a car without knowing what a car is” -
Fawole Rachael
Secondly,He was only Curious to start,he never took out time to make
a detailed research on the advantages and disadvantages
Take time to draw out your plan, “do not just be curious cos you have
gotten the idea no one have because it always worthless like an ashes
without a plan” -Fawole Racheal
•He Hired people with the wrong skills due to giving employment to
his loved ones,it would have being better if he hired people with the
right skills then maybe his company would be in existence
today, “People are always saying that the number one factors to a
successful entrepreneur is your idea but sometimes it always your
Employee” -Fawole Racheal
•He only ventured into the business that time in order to make money
not because of his passion “People who pursue their passion are
more successful to people who pursue wealth” -Taiwo Fresh ,writer
at Entrepreneur naija
Interactive Play-What do You think might be the cause of him going
bankrupt?
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Source From www.entrepreneurnaija.com.ng/why-most-entrepreneurial-must-be-risk-takers/