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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

Risk or Uncertainty: Which Is Better to Face?

Risk may not be the best concept for you to consider. Instead, think about uncertainty

Many successful entrepreneurs recognize the importance of taking risks to build a successful business. And, on a couple of levels, that makes sense: If you choose a risky business model when no one else does, you'll face less competition. And, if you fail, you can ...

by Jayson Demers  | December 20, 2017 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
Startup Tips

7 risks every entrepreneur must take

Every entrepreneur must take the following risks.

Risk-taking is almost synonymous with entrepreneurship. To start and support your own business, you will have to put your career, personal finances, and even your mental health at stake.  For most, the prospect of making your own decisions and being in charge of ...

by Jayson Demers  | February 05, 2016 10:00:00
Startup Tips

When launching your startup, consider these 5 risks

There are logical and inevitable challenges that startup businesses have to face and overcome. Here are five of those.

Starting a business has never been more exciting. The startup economy is rich with opportunity, innovation, and potential. But at the same time, it is also fraught with high-stakes risks. And while it may be scary to take that leap of faith, ...

by Sreekanth Ravi  | January 08, 2015 05:00:00
Startup Tips

Three good reasons to automate your business

Small- and medium-sized businesses should consider automation of processes to lower costs and facilitate easier expansion. Here are more reasons to automate.

It is true what they say that what you are willing to risk reflects the values you believe in. When a startup business begins to grow, an entrepreneur can either take the cautious route or be more of a risk-taker. If you ...

by Joyce Roque  | December 26, 2013 11:30:00
Startup Tips

Things to remember before borrowing from relatives and friends

Here are some things to consider before you close the deal.

Q:  I\\\'m borrowing money from my sister-in-law to increase my capital. What\\\'s a fair interest rate when I repay my loan, which at the same time will not be too steep for me? I know I can use our relationship to "bargain" ...

by Henry Ong  | May 09, 2012 04:00:00
Business Ideas

4 ways to beef up security in your office

The security of your office or establishment is important to the success of your venture.

The security of your office or establishment is important to the success of your venture. Of course, any measure you implement is bound to cost you, but consider it a worthwhile investment in your business future. Here are some steps that you ...

by Lorela U. Sandoval  | January 25, 2012 09:00:00