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They can own a successful business but they are not ready to take the risk!

Some people has the capability to establish, but because of loss phobia they can't go into investment. And that actually causes limitation in of firms in our community that should give other people opportunity and platform to explore in there respective fields.
 
Truly nobody will like to lose when doing business, but when you decide to be a business owner, you have to plan well. All I know is that white collar job don't last forever there will be a time to retire and after that there must be something you will have to do, business always come with risk, is only those that plan well will overcome it.
 
Running a business requires a great deal of capital. Capital can take different forms, from human and labor capital to economic capital. But when most people hear the term "financial capital," the first thing that comes to mind is usually money.
 
Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan
 
This is an opportunity to learn. Without risk, entrepreneurs will not experience failure and therefore will not learn from their mistakes. ... Furthermore, risk-taking teaches us important skills such as accounting for emergencies as well as strategic thinking and planning.
 
We have so many individuals that have all it takes to own a successful, but they are afraid of leaving their white collar jobs. Why are they not willing to venture into such journey? Fear!

Fear of failure is our greatest enemy to success. The world has changed, we need to see failure as the beginning of success.

The world has changed. We must change.

Is it a wise decision to continue the white collar job?
Risk is very important for every business and necessary for a successful business if you have a successful business then it is very necessary for you take risk for grow business as time pass business need grow up.
 
Running a business requires a great deal of capital. Capital can take different forms, from human and labor capital to economic capital. But when most people hear the term "financial capital," the first thing that comes to mind is usually money.
 
We have so many individuals that have all it takes to own a successful, but they are afraid of leaving their white collar jobs. Why are they not willing to venture into such journey? Fear!

Fear of failure is our greatest enemy to success. The world has changed, we need to see failure as the beginning of success.

The world has changed. We must change.

Is it a wise decision to continue the white collar job?
Of course, without failure, there is no success. It is the stepping stone to greatness. Some would say success without failure is not complete. The bone of contention is that, we should be ready to take the calculated risk whether it turns out well or not.
 
Well , business is already a risky venture what other risk can one get into . Business is very risky and if you're not careful you can loose everything single thing. So if you're successful already in your business then you're good . But it's not bad to try new things out .
 
I have come across somebody who work in a big company that later resigned to start his own business. The young man is doing very well and he is happy to become his own boss. Fear of failure is one of the problem that has killed so many dreams.
 
There are several threats facing entrepreneurs, such as restructuring, financial risk, competitive risk, environmental risk, reputation damage, political and economic risk. In terms of budgeting, companies must prepare carefully and show investors that they accept uncertainties by designing a practical business plan.
 
I think we need to understand that not everyone is cut out to be a business mogul or owner. Some people are just comfortable with their 9-5 jobs and just want to trudge along. I do think some people are wasting away potentials by working for someone else
 
It is a chance to learn. Without risk entrepreneur will not experience failure and therefore will not learn from their mistakes. In addition, taking risk teaches us important skills such as how to calculate contingencies as well as strategic thinking and planning.
 
They can own a big business, but they are not ready to take the risk, this is purely fear of the unknown, or lack of information, some don't gather enough knowledge, so they will remain to belittle their capacity or doubt the outcome of their investment, fear of failure, all this should be shun
 
We need a very bold before we can achieve anything meaningful in business. Risks taking are a normal things to do in bussiness as far as they are worthy. You do not even need to leave your well paying job to do business. Just start it first and if it is going well then you can leave.
 
One can start up a business without having to leave their white collar jobs, as long as you feel you would be able to manage both of them, and as you said, they can be successful but failure to risk suffering loss, so they can easily start small, they must not start a big business.
 
You have please understand the meaning of Risks,Risk in a business is the ability for you to confidently start up a business with all the amount of money you have believing that the business will succeed but in a situation in which you do not do this then obviously you are not ready to success at all.
 
I don't think a business owner can be so successful that he can take that risk.And even if you succeed, it's very difficult to do so. You have to take a risk to grow or start any business.You can't do business without risk
 
We have so many individuals that have all it takes to own a successful, but they are afraid of leaving their white collar jobs. Why are they not willing to venture into such journey? Fear!

Fear of failure is our greatest enemy to success. The world has changed, we need to see failure as the beginning of success.

The world has changed. We must change.

Is it a wise decision to continue the white collar job?
white collar jobs to be is like being in a cage. We hate stepping out of our comfort zone, why? because we think that where we are it's enough for us. It's high time we start thinking different, we need to be a creature of labour not labour seekers
 
We have so many individuals that have all it takes to own a successful, but they are afraid of leaving their white collar jobs. Why are they not willing to venture into such journey? Fear!

Fear of failure is our greatest enemy to success. The world has changed, we need to see failure as the beginning of success.

The world has changed. We must change.

Is it a wise decision to continue the white collar job?
If someone have enough money and knowledge about a particular business he should definitely go for it.
And he should not be afraid of difficulties and failures because Failure is just an Illusion and the success lies behind the illusion of failure.
 

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