Owning and operating a successful business is not just a matter of luck. It is the result of how well you have prepared yourself to deal effectively with all the challenges that are going to come across your path as a business owner.
You cannot properly engineer your business to produce the level of profit needed to make this risk worthwhile unless you know what you are in for and know what you are doing. Too many entrepreneur wannabes think they are suited for the challenge when they are not even close. They decide to throw caution and preparation to the winds and take the leap. More often than not, that thinking results in financial and personal disaster.
Taking the risk and responsibility for owning a business means that you are in charge and can take credit for all the success or failure that result. Every decision and every action you take produces a corresponding result; good or bad. What steps you take are driving profits up or driving profits down.
Risk management means risk avoidance. While you cannot completely eliminate all risk, you can measure and define it before you decide if you are going to take that risk. Profit is the reward you get for properly handling and minimizing risk. If there is no risk, then there can be no profit reward.
Here is another observation. There are approximately 20 times more employees (non-business owners) than there are business owners. This translates to the realization that 95% of the population works for the other 5% (the business owners). If you are to be a successful and effective 5- percenter, you are going to need to be thinking as successful business owners think. How you think determines how you will behave and react in any given situation.
The School of Hard Knocks is the most expensive school you can attend. The courses require you to take huge risks, suffer crushing defeats and somehow graduate as a successful, well informed business owner. The truth and reality is that you rarely can survive the experience financially and emotionally. Neither can your family. So why do so many choose to attend the School of Hard Knocks?
The answer is ignorance and bravado.
This website provides an alternative for you to prepare yourself to vastly improve your chances of owning a successful business and the opportunity to see your realistic dreams realized. The best part is that using this website is hugely more affordable and much less stressful than that devil School of Hard Knocks.
Explore this website. See why it is considered #1 for educating entrepreneurs in the basic success principles. You can be successful owning your own business if you first get prepared to win.