Tag Archives: What are the risks of starting a business

Using Business Intelligence Dashboards to Mitigate Business Risk

“Business risk comes from not knowing what you’re doing,” says Warren Buffet. When starting a business every single entrepreneur makes mistakes due to lack of knowledge. However, by using business intelligence dashboards you can mitigate business risk simply by; eliminating … Continue reading

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How to Prepare for the Worst Case Scenario

Statistics show that nine out of ten businesses fail within the first five years of opening their doors. With the odds stacked against you, one of the best ways to become successful is preparing for the worst case scenario.  By … Continue reading

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3 Ways to Start a Business with no Capital

One of the risks associated with starting a business is financial risk; in other words, how do I fund my business? The short answer is, “with money” but what happens if you don’t have any?  Here are three ways to … Continue reading

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Creating Jobs by Reducing Entrepreneurial Risk

A couple of days ago, I came across an article published in the Harvard Review by Maxwell Wessell and Neil Khare titled: Job Growth Depends on Reducing Entrepreneurial Risk. In this article they hypothesized that, “the only way to sustainable … Continue reading

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Why the Lifestyle of an Entrepreneur is No Longer a Lonely Road

In a recent article written by Marty Zwilling (Entrepreneur: Challenge Yourself Before You Invest), he discussed several risks of starting a business. One of the risks he stated was:  “Being a startup founder is not a job, but a lifestyle, … Continue reading

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