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Shiv Bharankar
•
Medial • 5m
UNDERSTANDING THE CORE PRINCIPLES OF ENTREPRENEURSHIP Day 9: Taking Risks, Stepping Out of Your Comfort Zone Starting a business is inherently risky, but great entrepreneurs know that calculated risks are where the magic happens. Take Airbnb, for example. In the early days, the founders were uncertain if people would trust strangers enough to stay in their homes. But they took the risk, and it paid off. Today, Airbnb has millions of users worldwide. Risk-taking doesn’t mean blindly jumping into the unknown, though. It’s about evaluating opportunities, weighing the potential rewards, and then taking that leap of faith. Whether it’s investing in marketing, launching a new product, or exploring a new market, risks are part of the process. Remember, nothing ventured, nothing gained. So today, think about the risks that could take your startup to the next level and take the first step. You’ll never know what’s possible unless you’re willing to try.
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