ENTREPRENEURSHIP

Detailed explanation-1: -Business owners don’t have to love taking risks. In fact, a love of taking risks can lead to impetuous decisions. However, you do need to at least tolerate risk and be willing to act without having all the information. There is no paint-by-numbers formula for starting, running, or growing a business.

Detailed explanation-2: -Generally speaking, entrepreneurs take risks as it allows them to distinguish themselves from their competitors. In the competitive business environment that exists today, those who are willing to position themselves as risk-takers position themselves as leaders as well, while others get left behind.