Any risk in starting up a business without proper training?

[Grandeur]

That's right, it's best you just keep moving cause by the time you let that stop you from pushing forward it means you have been defeated and you have limited yourself, just keep pushing and don't look back.

That's just how it's supposed to be. We learn from our mistakes and move on than deliberating on the past that cannot be changed and remain in the same spot which is useless.

 

[kayode10]

The risk is that you are going to lose your entire money you invest into the business as well as resources and time. This is the reason why it is very important to have basic education about the business before you start.

 

[eLdavis]

That's just how it's supposed to be. We learn from our mistakes and move on than deliberating on the past that cannot be changed and remain in the same spot which is useless.

Exactly this is what many of them fail to understand, they keep on struggling and struggling, trying to fix damages that has already been done, putting all their resources on this instead of trying to move forward. Have you experienced this before?

 

[Grandeur]

Exactly this is what many of them fail to understand, they keep on struggling and struggling, trying to fix damages that has already been done, putting all their resources on this instead of trying to move forward. Have you experienced this before?

It's called denial mostly, heeoung a memory of something usually a bad one so one wouldn't move on from it. We all have had that kind of experience, even myself but I have learnt that it's not a healthy habit.

 

[Laurentta]

Off course, it's very risky to start a business one doesn't know anything about. How is the business going to succeed? It is important that before starting a business, one must acquire knowledge about that business.

 

[Shigobad2020]

There is a big risk attached to starting a business without prior training ,the risk is that loosing is imminent and unavoidable but sometimes you might just get lucky and be succesful .

There is a big risk, and the risk is, you will end up losing in your business or get the whole business crash, I am talking base on experience, do not go into business if you have just semi knowledge about the business, when challenged comes you will not be able to takle it.

 

[Chibson]

Starting up a business without proper training will definitely hurt you. If you do not have proper knowledge and understanding of how a business works there is no way you can be able to succeed in such a business. Running a business is not really easy that's why a lot of knowledge is needed for it to be successful. You must not ignore the importance of training and proper knowledge as a businessman.

 

[Sincerem]

It would be disastrous for any individual to venture into any business without first gaining the right skill or knowledge they need to excel and sucessfully engage in such a venture. It is highly risky to invest in a business you have no idea about.

 

[LadAckerman]

Yes, there are so many risks involved. This is why having a plan is essential to running a successful business.It needs to be an actual, written-down business plan. Shockingly, not a lot of people have business plans. And to add to that, a risk involved is that your new business might not take off in the way that you'd hoped. Technology can change and render your product or service obsolete, or a giant company might take your idea and add their own spin.

 

[Ononivami]

It is highly risky to start a business without having the relevant knowledge around it. It's very detrimental to do such thing because you may lose all your money. So, you really needed to be very careful.

 

[glitch]

There is always a risk, even with training.

I am not sure where you are but right now is one of the worst times in the US to be starting a business mainly because of inflation and the market being very unstable.

 

[tray59]

If you want to start any business without knowledge and idea be ensure that you are going to loss alot of money every business need knowledge and skills some people even fly abroad just to get that training for them to be able to manage their existence business very well so the choice is yours.

 

[Good-Person]

If you want to start any business without knowledge and idea be ensure that you are going to loss alot of money every business need knowledge and skills some people even fly abroad just to get that training for them to be able to manage their existence business very well so the choice is yours.

I guess that you must gain good knowledge before starting a business. I tried to start trading in cryptocurrencies and I suffered much because I never had much knowledge. Knowledge and learning is the key to success.

 

[tray59]

I guess that you must gain good knowledge before starting a business. I tried to start trading in cryptocurrencies and I suffered much because I never had much knowledge. Knowledge and learning is the key to success.

there is no way which you can make any money online through any investment or offline if you dont just have the skills and the knowledge when you have the skills and the knowledge then you will be able to make good profit in any busines feild which you venture into

 

[Good-Person]

there is no way which you can make any money online through any investment or offline if you dont just have the skills and the knowledge when you have the skills and the knowledge then you will be able to make good profit in any busines feild which you venture into

Unfortunately, this is a really hard thing. You need to have the right kind of skills. The main issue is that many people lack those skills and then try to gamble money by investing in Hyips.

 

[tray59]

Beleive me or not you will definately lost alot of money if you dont have the experience and knowledge but want to invest its not good before you venture into any investment You need to have good knowledge and skills regards the face of investment which you want to venture into.

 

[tyrim88]

A lot of people have started business without any training and they managed to become successful. However, this does not mean you do not need training, you of course need a training but it does not matter even if you do not have training.

Definitely true in some aspect,becase there are lots of persons that are into business and the only way they learn was through their own experience on the field,but that is a longer way to learn though.

 

[Sincerem]

There are so many risks associated with starting up a business without proper planning . Sometimes you could mistakenly set up a business in a bad location making the business difficult to achieve sales and generate consistent profit. The mistake of starting up a business without proper planning should not happen in the first place.

 

[Shigobad2020]

Beleive me or not you will definately lost alot of money if you dont have the experience and knowledge but want to invest its not good before you venture into any investment You need to have good knowledge and skills regards the face of investment which you want to venture into.

The risk associated with starting a business when you don't know anything about the business or you lack proper training is that you might go bankruptcy because you can't run a business without without proper knowledge.