11/21/2013 04:46:00 PM 0 Comments

Entrepreneurs are supposed to be risk-takers, right?


It sounds good, and it certainly makes for a good story, but between you and I, that's not 100% accurate.

Took me a long time to really grasp this.

But the fact is that most successful entrepreneurs are actually very, very cautious about taking risk.

Or I should say, they take calculated risks.

There's a HUGE difference between not taking major risks and looking for GUARANTEES.

The vast majority of people buy into guarantees.

Guaranteed paycheck.

Guaranteed interest on their money.

Guaranteed security.

I probably don't have to tell you, but these things simply don't exist.

As the saying goes, there are only 3 things guaranteed to happen.

Death, taxes, and inflation.

Nothing else is guaranteed in life, especially when it comes to m.oney.

Everything you do requires some kind of risk.

Which is one of the MAIN reasons to start a business.

NOT for the guarantee.

But for the CONTROL.

As an entrepreneur you're in control, not someone else.

And you can control how much risk you want to take.

The idea is NOT to bet the farm and gamble with your m.oney, hoping you'll score big with an idea and make a fortune.

Yes, it's happened before, but more people end up losing it all, because when you gamble, the "house" always wins.

It's way easier to increase your odds of success by taking less risk, and go after things with more upside potential.

And one of the ways to do that, is to AVOID making the exact same mistakes everyone else makes.

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Vitaly Grinblat,
Editor, Magnetic Sponsoring Newsletter

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