Why are you doing this? Nobody ever does business this way. You are going to make a huge loss. Don’t do this there is high-risk involved.
If you are an entrepreneur, you might have heard these remarks many times in your career. Ordinary people don’t envision the things as an entrepreneur does so they are unable to think of the results and success that lies behind the risk. It is only the dead fish that go with the flow, so you don’t have to follow the norms or have a pre-set approach to business. If you are trying to bring a change and you have a revolutionary idea for a product or service, why follow the methods that everyone else is. There is no reason to do something only because everyone else is doing it. Steve Jobs changed complete processes in his company by asking his employees one simple question, “why”?
With great risk comes great success, however that is not always the case. When taking a risk in your life or your business, there are two chances.
Either you will achieve what you envision
Or you will learn a lesson.
Both ways, the risk is worth-taking.
Most entrepreneurs take chances and are able to do the things that others think of as impossible. If they sit back and keep waiting, someone else is going to do it anyway. However, never confuse entrepreneurs with stupid or impatient. They always take calculated risks after measuring and analysis all the factors involved. As a leader, you have to embrace the challenges instead of escaping them. You will only be able to fight your fears and overcome the obstacles once you recognize them and plan to overcome them.
One thing about entrepreneurs is that they have no space for regret or remorse. They don’t want to grow old and regret not taking that chance. This is what drives them to do all that they can in one life. And even if they end up failing, they will have a lesson learned, they will have practical experience and the ability to tackle similar situations easily in the future.