Methods for Treating Risk

People often think about risk as a mountain of problems standing between them and success. However, risk is more like an iceberg, in that the 10 percent of risk that is visible disguises a colossal potential to harm your business lurking beneath the surface. The urge is to steer completely clear of the risk if possible, as the risk can seriously rock the boat and even sink it. Although it’s true that risk can lead to disastrous results, it’s vital to temper the urge to avoid risk at all costs with the fact that taking calculated risks equates to making money. Approaching risk with appropriate planning invites a truly positive way to handle it.
Sometimes, however, it’s impossible to avoid hitting the iceberg. Your smoothly ...

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