Risk of Going Into Business

Possibility of failure

There is always the possibility of failure – a single wrong business decision can bring a business to bankruptcy.

Unpredictable business conditions

A small business is vulnerable to sudden changes in the business environment. In a fast-paced industry, a small firm may not have the financial capability or the organizational capacity to respond adequately to new opportunities and their concomitant problems.

Long hours of work

A prospective entrepreneur must be ready to spend most if not all his waking hours in the business. Also, family time and personal affairs may be sacrificed.

Unwanted or unexpected responsibilities

The entrepreneur may eventually find himself saddled with management responsibilities he did not bargain for.

‎"Farmers who wait for perfect weather never plant. If they watch every cloud, they never harvest." (Ecclesiastes 11:4) You must be willing to make decisions in your small business. The Christian Entrepreneur believes that life is not for the faint hearted. Modern business requires that major commitments be made. Generally, there isn’t sufficient information available in order to totally justify decisions. Therefore, the Christian Entrepreneur must become a calculated risk taker. There is significant Biblical foundation for taking risks. The Christian Entrepreneur is drawn to a life of adventure in service, but recognizes that the price of the adventure will be occasional failure and set-backs. Remember "Trying and failing is better than failing to try." 

Let's be partners.  Earn an extra source of semi passive income from the 

internet and have more time so we can travel twice a year with our family and loved ones!

Nessie de Mayo-Baculo

Send your request to nessied@yahoo.com