Understanding the Difference Between Business and Financial Risk Evaluation

Another way to determine what your level of risk is is by considering this question: "If I'm not successful, how does it affect me?" If it affects you personally (i.e., not being able to pay bills), then there's a high chance that your level of risk is too high for where you are in life. Keep in mind that thisdoesn't mean it's impossible; it just means that any amount of success may not outweigh the possible downside if things don't work out well for this particular
endeavor.

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