Be a risk-taker as an entrepreneur — Lionesses of Africa

by Helena Naitsuwe Amadhila

Entrepreneurs are creative and innovative individuals with unique eyes to see opportunities and create wealth. In order to persist and succeed, it is imperative for entrepreneurs to be risk-takers. 

Risk-taking involves engaging in activities that are not easy to do for entrepreneurs to achieve set goals. Risk-taking is a distinctive factor that differentiates entrepreneurs from other businesspeople. Entrepreneurs should undertake challenging activities and emerge victorious for them to cement their entrepreneurial spirit. 

In fact, risk-taking is embedded in entrepreneurial journeys as a characteristic for venturing into new markets by creating and trying out new things that are not familiar to many people. These new things are normally not so attractive to many people. Additionally, as an entrepreneur, it is recommended that you adapt to and accept changes as they surface for one to leap on the endless and untapped opportunities presented by the changes. 

Risk-taking also means entrepreneurs should decide promptly to avoid opportunities being snatched away by other like-minded people. Entrepreneurs should not procrastinate to avoid disappointment and losing valuable opportunities. In so doing, entrepreneurs should not overlook the most important criteria to assist in deciding so as to avoid sudden failure. If failure is experienced, an entrepreneur should be willing to accept and move on quickly to other opportunities that may emanate. The world we live in is dynamic and constantly changing. As an entrepreneur, you should also be dynamic in your risk-taking journey and constantly be flexible to accommodate the changing world. This means that as an entrepreneur, you will remain relevant, determined and always be on top of your game as a risk-taker.