How to Manage the Risks of Having Your Own Business | BUSINESS and more | Scoop.it

Starting a business is risky. Horribly, terrifyingly risky.


Nearly all new businesses fail — that’s the official statistic, right? Some say 4 out of 5, some say as many as 95%.

 

Successful entrepreneurs have a different kind of DNA from the rest of us. Ice water runs through their veins. They thrive on risk. The more insane the odds, the better they like it.

 

For those of us who have families, or who just don’t feel like living on ramen for the next four years, we’re probably better off keeping the day job.

 

Do you believe any of those?

 

Because I call B.S. on all of them...