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Run & Grow

3 Things You May Not Have Heard About Taking Risks

Mark Zuckerberg wasn't afraid to risk a $2 billion investment in Oculus that didn't pay off. What are you afraid of?

In 2014, Mark Zuckerberg invested $2 billion in the startup virtual reality (VR) platform, Oculus. Observers, including the media, expected that Facebook would reap the same high ROI it had recorded on Instagram and Whatsapp. However,the company's investment resulted in a downturn of fortune.In fact, CNBC called ...

by Toby Nwazor  | March 28, 2018 06:00:00
Run & Grow

Entrepreneurs Aren't Risk-Seekers -- They Just Handle Risk Better

Managing risk is in entrepreneurs' DNA

Merriam-Webster defines an entrepreneur as "one who organizes, manages, and assumes the risks of a business or enterprise." states that an entrepreneur is "a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk." There are ...

by John Suh  | November 18, 2017 02:00:00
Run & Grow

How Men and Women Take Risk Differently in Business

How you perceive risk depends on internal factors you've never considered

When I first looked at the data from Insureon's Small Business Outlook 2017, I wasn't sure if I liked what I saw. Sure, 82 percent of the more than 1,000 small-business owners we surveyed said they are planning for growth this year. But ...

by Ted Devine  | February 19, 2017 12:00:00
Run & Grow

How the best entrepreneurs manage risk

The trick is to look for or create opportunities with a comfortable balance between risk and reward.

I interviewed Jere Simpson, founder and CEO of Kiteware, a software design company that counts the FBI, Homeland Security, The Pentagon, Bank of America, Samsung, and Amazon among its clients. Like a lot of entrepreneurs, Simpson is always busy juggling multiple projects. ...

by Lewis Schiff  | June 26, 2016 09:00:00
Startup Tips

Fortune favors the prepared mind

Before you start your business, be mindful of where mistakes could be made.

It is no secret that risk is going to be a factor in any entrepreneurial endeavor. Depending on the market, risk could be so high that it deters entrepreneurs from entering. Risk is always going to be present, but there are ways ...

by Gerard Adams  | June 02, 2016 01:00:00
Run & Grow

Buying peace of mind

You may never actually use it, but that is the beauty of buying insurance.

For many business owners, buying insurance is an afterthought. Who can blame them? The benefits of buying insurance may not always be as obvious as in more tangible purchases—say, raw materials or inventory. Getting business insurance tends to feel a little less ...

by Jennee Grace Rubrico  | March 31, 2016 07:00:00
Startup Tips

How to manage risk after success

Success isn't a one-time win. Here are tips to maintain it even when facing more risks along the way.

Entrepreneurs are a risk-taking bunch. Though each is different, most share a tolerance for risk that helps them ignore all of the potential results of failure to stay focused on building the business.For entrepreneurs with more to lose following a successful startup ...

by Paul Mandell  | May 19, 2015 08:00:00