Most people will take the easy route, because in general the population lacks self confidence, and taking risk forces you to put yourself out there. There is a satisfaction to doing everything right and pleasing the world around you, but there’s also an undeniable thrill that comes from taking risk. More insights from Jonah Engler on this video.
On this video, Jonah Engler talks about taking risks as an entrepreneur. One mistake that entrepreneurs make is that the minute they start earning some money, they spend it. They would hire new employees, buy new equipment, and spend money on things that could have been avoided.
This form of spending often leads entrepreneurs to lack of investment and thus bankruptcy, since the minute you took a loan to start your business, you are in debt. Entrepreneurship does not sound so glamorous anymore right?
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