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It is a chance to learn. Without risk, entrepreneurs will not experience failure and therefore will not learn from their mistakes. ... In addition, taking risks teaches us important skills such as how to calculate contingencies as well as strategic thinking and planning.
Business leaders accept risk as a cost of opportunity and innovation. They know it cannot happen if you will not accept the risk that your undertaking might fail. The level of risk may be lessened, however, if you make all possible calculations and evaluate which options are best before proceeding to the next step.
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