It has been said that taking business risks is dangerous. The worst thing is that if you let yourself risk money, it is not only dangerous, but according to many, it is foolish. But the reality is that when starting any new project or even a simple task, the risk always exists. You might have a date and your luxury car might not start when you leave the restaurant. You could plant a beautiful tree, watch it grow, and then have it fall on your house during a wind storm. You can be associated with a successful businessman for a long time who then develops a gambling problem and embezzles all the funds later on. You never know.

We take risks every day. In the end things either go well or go wrong. So why do many of us worry so much when we have to make a decision that involves money? The fact is that most of us are afraid of losing money. Culturally we have been exposed to the tradition of being afraid of losing the security that money supposedly gives them. Also, it’s been standard in our country that losing is for losers, even though people like Donald lose money from time to time or new 3-share corporations file for bankruptcy, and yet many people don’t understand what that means. It happens under the curtain. The problem is that most of us don’t consider ourselves very successful. Therefore, rather than trying to grab the brass ring, most of us avoid taking the risk of becoming losers. Have tradition and culture instilled fear in us? Boy, that’s a big yes.

But what if you don’t want to think like that? If you want to position yourself with the ultimate goal of achieving financial freedom by owning your own business, what can you do to make risk the smartest move of your financial career? You can start by changing the way you think about risk. You could stop thinking of risk as something highly dangerous, as something to be avoided at all costs when it comes to wholesale or business in general. At least that’s what I’ll do. Starting your own business is taking a risk. Accept it and learn to take smart risks. There’s a big difference between a risk and a smart risk, and I’m more than sure you know that.

If you plan your business carefully, do your due diligence, take the steps you need when you need to take them, you will greatly reduce your risks. Learn quickly from your mistakes. To take action. Move forward. Taking the risk of going from a job to a business can be a smart career move, based on my experience and my strong opinion. You will be your own boss without anyone telling you what to do and when to do it. That for many of us as entrepreneurs is much smarter than making someone else rich. It doesn’t matter if you are between 20 and 60 years old, you can still smell the roses of freedom even if you are retired or planning too. You will be responsible for your success or failure. If you plan well and take action, the smartest career decision you could make is to start your own income-producing business.

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