Avoid unnecessary risks

[nasiusman95]

Research has shown that businesses that create a dynamic and flexible risk management strategy have a better understanding of their commercial environment and are subsequently likely to be more successful and profitable.

Barnes Roffe has helped numerous businesses manage their risks by instilling a multi-stage process into the daily operations of the business. Used properly risk management can not only help reduce the likelihood and impact of bad things happening, but can also identify commercial opportunities for you.

 

[Onachukwu]

Are you thinking of buying Bitcoin for the first time? You’re not alone. In fact, it may sound like the obvious thing to do given its wild price swings and the growing number of people who use Bitcoin and other digital currencies for everyday purchases. But you cannot just dip your feet into the growing

 

[Shahzaib37]

It is true that business and life by their nature are risky. But I still believe that there are some of the risks that are unnecessary in every business that need to be avoided. We all know that business that creates a dynamic and flexible risk management strategy has a better understanding of their commercial environment and are subsequently likely to be more successful and profitable. Waking up in the morning to start up a business without adequate planning is considered as one of the unnecessary risks.

Unnecessary risks and unnecessary things in business are not allowed if you want to risk on a good thing or project then it is not good but unnecessary risks are bad in business.

 

[bolllyteee]

It is true that business and life by their nature are risky. But I still believe that there are some of the risks that are unnecessary in every business that need to be avoided. We all know that business that creates a dynamic and flexible risk management strategy has a better understanding of their commercial environment and are subsequently likely to be more successful and profitable. Waking up in the morning to start up a business without adequate planning is considered as one of the unnecessary risks.

Risk comes with reward but not every risk is worth taking.Some risk could make you hit jackpot while others could wreck you.Before taking any risk,ensure you do your appraisal well.

 

[Lyrrex]

That is true, some risks are just not worth it and may end up costing you more. If you have spare money that you wont have use for and you know that investing it will not break your heart when you lose it, then you can take the risk, even with that, still take a risk that you feel will yield enough profit when it grows.

 

[Caali]

In general terms, it’s any risk you can avoid by taking normal , prudent precautions. If you smoke pot, don’t take any more with you than you expect to smoke when you leave home, keep your stash at home.

 

[Sotherefore]

Risks is an essential aspect of anyone life because it is through Risk's that you may have the opportunity to succeed in life but at the same time there are some risks you must not take because there are some that are Worth dying for but you should never take a risk that might affect you negatively

Post automatically merged: Feb 8, 2021

Risks is an essential aspect of anyone life because it is through Risk's that you may have the opportunity to succeed in life but at the same time there are some risks you must not take because there are some that are Worth dying for but you should never take a risk that might affect you negatively

 

[Sake]

It's true sometimes we are taking unnecessary risk without even realising it because we are just not thinking about things carefully. I find hyip investments as some sort of unnecessary risk because first you're already sure that it's a scam why still try it? When you can save yourself use your money in other investments instead.

 

[Ayokex]

Risk taking is an essential part of human existence. Taking risk I good but taking unnecessary risk is dangerous. Before you take a risk, you must evaluate all that surrounding it and ensure that the risk is worth taking. Don't take a risk because your friends are taking it.

 

[Onachukwu]

In a difficult environment, your financial tolerance for risk can be higher than your emotional tolerance. Yet, it is your financial tolerance that should govern your allocations, especially if you have a long investing time horizon. Simply put, the longer the time period before you need the money, the bigger the threat inflation becomes and greater the need to include stocks in your portfolio

 

[Tariq Nazir]

Risk is an essential part of every human life, nobody is without risk. For the fact, u sleep, eat and travel you have taken some risks because these are activities that are full of uncertainty. Meanwhile, you cannot say because life is full of risk and be careless about it. You don't just take any. You must ensure that the risk you want to take is worth it, this is what we call calculated risk.

 

[Muhammad Irfan **]

If you don't need something, it's unnecessary. You take an unnecessary risk if you get in the car and don't bother to fasten your seatbelt. Driving your car when you could ride a bike instead is an unnecessary use of gasoline.

 

[Greatguy1]

It is true that business and life by their nature are risky. But I still believe that there are some of the risks that are unnecessary in every business that need to be avoided. We all know that business that creates a dynamic and flexible risk management strategy has a better understanding of their commercial environment and are subsequently likely to be more successful and profitable. Waking up in the morning to start up a business without adequate planning is considered as one of the unnecessary risks.

A risk is to be calculated for it to be called a risk. If it's not calculated then it is just a suicide waiting to happen. Every risk must be calculated and well-managed. Life itself is a risk but that is not to say we must leave it carelessly; if waking up is a risk then we must not sleep on the highway; if walking on the road is a risk then we must not walk into a death trap.

 

[Blessedsam60]

Not all will believe me that business is 50/50, either win or loose. You have to invest and her comes the risk with your investment. Failing to loose is another things driving people away from investment. Nevertheless, I don't encourage people investment in a ponzi like businesses that the already knew the chances of getting success is slim.

 

[Psalmseen]

Yes of course, unnecessary risks can be avoided. For Example, whoever wanna start a business without a proper feasibility studies is taking an unnecessary risk and will definitely get himself to be blamed for that. Risks are normal in business but you can avoid some risks and by so doing, you are reducing the risks your business is prone to

 

[Dubai]

It is true that business and life by their nature are risky. But I still believe that there are some of the risks that are unnecessary in every business that need to be avoided. We all know that business that creates a dynamic and flexible risk management strategy has a better understanding of their commercial environment and are subsequently likely to be more successful and profitable. Waking up in the morning to start up a business without adequate planning is considered as one of the unnecessary risks.

Yeah, this is correct to some extent. But you know, these risks are worth taking sometimes in order to excel in one's venture. Taking calculated risk is crucial for the growth of your business. It is these difficult risks when taken , that separate a successful enterprise from that of the otherwise. So, what you term unnecessary might just be worth trying.

 

[Waseem74]

Research has shown that businesses that create a dynamic and flexible risk management strategy have a better understanding of their commercial environment and are subsequently likely to be more successful and profitable.

Barnes Roffe has helped numerous businesses manage their risks by instilling a multi-stage process into the daily operations of the business. Used properly risk management can not only help reduce the likelihood and impact of bad things happening, but can also identify commercial opportunities for you.

 

[Snazzy001]

we should try to avoid throwing unnecessary chances at any risk .risk is worth taking if it is thrown at a substantial stuff .I guess this has to do with our choices and aims .but if I take any risk I weigh the disadvantages and advantages

 

[Khezo]

Risk is a basic thing needed in life not only in business. If you don't take that risk you might not see the expected result and I can tell you that it would hurt later to know that the risk you didn't take then ended up working or been real

 

[BuchiBankz]

Business and life are by their nature risky. You do have to take risks in order to survive, let alone to thrive, but taking risks should not be a problem. The key is to manage your risks so the dice are loaded in your favour.
Risk management is only a worthwhile process if you take action on your findings.