Any risk in starting up a business without proper training?

[Kelly5]

Sure there is a risk in starting a business without the proper training. You actually do stand the risk of losing your capital and efforts in putting up such type of business

 

[Yusuf]

It's actually a big risk starting up a business without a formal training or knowledge on how the Business works or operate. In most cases it's very possible for the business owner to lose the Business

 

[jeff87]

I think it's a big time risk, especially when you don't know much about the business you want to venture into. There are some businesses that seems so easy when looking at, they look exactly like what we can handle without under going proper training. What do you have to say about it? Is it wise enough to invest into a business you don't know much about?

You are right. It is very risky to start a business without proper knowledge. For example, you want to be in a gold business. What if someone offered to sell a fake gold bar and you don't know that it is fake. You lose great amount of money if you don't know the business you are venturing into.

 

[Setfragil]

Starting a business without a proper training is like going to the farm without the proper farm tools. If you want your business to succeed, you will have to get the necessary training needed for the business to survive.

 

[Kaffyfolla]

There is a great risk in starting up the business without acquiring the knowledge of what you want to produce, you might not satisfy the human needs

 

[Richard92]

Yes that is bigger is involved when you start the business without really knowing much about the business or having a training about the business this is just like showing your money in a well

A lot of risk. When you start a business without having knowledge about the business, you are bound to actually not succeed. The risk involved in doing business without training is that you won't know what steps to take and what time to take such steps.
You might not even understand anything about customers satisfaction.

 

[Favouredgirl]

I think it's a big time risk, especially when you don't know much about the business you want to venture into. There are some businesses that seems so easy when looking at, they look exactly like what we can handle without under going proper training. What do you have to say about it? Is it wise enough to invest into a business you don't know much about?

Starting a business without proper training is a big risk and readiness to fail. It is not possible to go into a business you have no idea of and do well in it. For you to do well and be successful in and business you need proper training and retraining.

 

[Setho]

It is very important that you should start a business with the right amount of training and also they needed experience so that you can have a very good chance in becoming successful.

 

[Stnicholaz]

I think it's a big time risk, especially when you don't know much about the business you want to venture into. There are some businesses that seems so easy when looking at, they look exactly like what we can handle without under going proper training. What do you have to say about it? Is it wise enough to invest into a business you don't know much about?

You have said yourself it is a big time risk to start a business you know nothing about. And also depend the kind of business you want to start. They are some business that you can still success learning from your mistakes and some you shouldn't bother to start at all without first hand knowledge.

 

[Abigael]

For a business to run well, you need skills on good financial management, good marketing and selling, knowledge on where to get products or raw materials and customers relation skills. So training in these areas is really important. Luckily, most of them you can train yourself.

 

[Stnicholaz]

Personally I can't start a business without having a knowledge about the business. It is very risky and business bound to fail.

 

[tyrim88]

It's a very big risk to start up a business without any knowledge of the business, you need to understand the business very well, my friend went into livestock farming without any training, he ended up losing losts of money because half of the animals died. You need to know everything about the business , not just the basics

The main reason of any person or individual going into business is to be able to maximise profit while doing his services to customers.he need all the knowledge and trainings needed in his area of interest,else the business will not succeed.

 

[Kubiat-Abasi]

Of course! You cannot start a business without adequate foresight. Imagine starting a poultry farm and you don't have to know the techniques involved in taking care of chickens, they'll die like flies in a blink of the eye!

 

[Justin]

If you have money, you don't need a proper training, or skills, to start a business because you can hire experienced people to work on your business. When you hire experienced people, there will be small risk.

 

[HayKay]

I think it's a big time risk, especially when you don't know much about the business you want to venture into. There are some businesses that seems so easy when looking at, they look exactly like what we can handle without under going proper training. What do you have to say about it? Is it wise enough to invest into a business you don't know much about?

There are no two ways about it, the truth is that the risk involved cannot be quantifiable. Not only is the failure so imminent or looking, the resulting effect might not be so pleasant.
The best way to avoid all these failures that's plaguing a lot of business that you've highlighted above is the fact that requisite knowledge cannot be relegated to the background.

 

[eLdavis]

If you have money, you don't need a proper training, or skills, to start a business because you can hire experienced people to work on your business. When you hire experienced people, there will be small risk.

This is true but I would advice to also have a little understanding or knowledge of how the business works, this is to prevent being cheated by does you hire simply because they are aware you have no knowledge of the business.

 

[Abigael]

It is very important that you should start a business with the right amount of training and also they needed experience so that you can have a very good chance in becoming successful.

What you have mentioned is really important for business. Good training that enhances skill and action that builds experience is very essential. Without them, one will only be doing trial and error when getting into business.

 

[joy101]

Starting up business really need proper planing so to know more about the business because a lot of risk when you start up a business without proper planing.

 

[Seno inyang]

Yes, there is a risk in starting up a business without proper training or orientation on what the business is all about. As a potential business owner, if you venture into a new business already then you'll have to create time to attain trainings/orientation on that particular business to scale through.

 

[Kaffyfolla]

Training has to be undergone before you start the business and proper plan must be drawn too in order not to wastee the capital invested on a business