Monday, April 19, 2010

The thoughtLEADERS Blog: 5 Steps to Entrepreneurship With Zero Risk

(Post from Mike Figliuolo on becoming an entrepreneur. I personally believe that there is no way to ever have zero risk but there are clearly ways to reduce them. Inherent in becoming an  entrepreneur is a tolerance for risk. )

The thoughtLEADERS Blog: 5 Steps to Entrepreneurship With Zero Risk

I'm sick of people asking "Do you know how crazy you are for making the decision to go out on your own as an entrepreneur and taking on all that risk?"

I've barely taken ANY risk as I've pursued my entrepreneurial ventures. You can take this (almost) risk-free approach too if you plan carefully and deliberately.

First, let's dissect the kinds of risk you typically take as an entrepreneur then we'll get into making entrepreneurship (almost) risk-free.

There are a few discrete types of risk you'll take as you set forth on your own: financial risk, career risk, brand risk, and lifestyle risk.

click here to read more

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