Every business or venture is a risk.
When starting a business, you can:
- Fail
- Not sell enough
- Fail to acquire costumers
- Lose your goods as a victim of theft or have your products spoiled or outdated
- A number of unforeseen things
Summing up a lot can go wrong.
- You can lose your money
- You can waste your time
- You can enter into disputes if you are selling, even without your knowledge, a product without quality
- You may be a victim of a con
So starting a business is risky. But if you are learning these steps, is because in a way you know that this can happen and you know that it will not be easy.
THE PURPOSE OF THIS BOOK IS PRECISELY TO REDUCE THE POSSIBILITY OF FAILURE IN YOUR BUSINESS VENTURE. HOWEVER MOST OF NEW BUSINESSES AND COMPANIES FAIL.
A Business does not become A multi-national like Coke by luck, no one owns a millionaire company by chance. You can make a lot of money, but to be a millionaire you need science. It takes a lot of education, lots of experience, lots of repetition and lots of reading. And certainly some failures.
Stélio Inácio
This text is part of the book Escaping Poverty – 5 Steps to Start your Own Business