Hey I am on Medial • 8m
4. Understand the Risks and Rewards Another key to being successful is taking calculated risks. Besides contemplating the potential rewards if you succeed, a good question to ask is: "What's the downside if this doesn't work out?" If you can answer that question, you'll know what the worst-case scenario is. If you could live with that scenario and are prepared to take the necessary steps to manage the risk as much as possible, you might want to give it a go. Otherwise, this could be a good time to consider other opportunities. Understanding risks and rewards includes being smart about the timing of starting a business or launching a new product. For example, certain products or services may be more popular during a particular period of the year. Technological change and fashions also impact what consumers buy and how they behave.
Hey I am on Medial • 9m
I am contemplating of launching an website which is related to more of professional services like, in today's scenario many professionals who are freashers struggling to acquire clients, So my website will be base on how a professional would acquire
See MoreEarly Retiree | Fina... • 8d
Another well funded startup that is not paying salaries. This time it is the Good Glamm Group. They raised close to 350 Million $. There is a weird form of capitalism that prevails in Indian startups where the rewards go to the top and the risk
See MoreFortune favours the ... • 4m
As an aspiring entrepreneur, I’m contemplating whether to launch my startup alone or find a co-founder. Why is it important to have a co-founder in a startup, and what unique contributions can a co-founder bring to the table in terms of skills, exper
See MoreStudent at Karnataka... • 1y
I have a question about AI and ML, specifically regarding ML. It's a simple question but somewhat difficult. The question is, if there are three lines (a to b, c to d, and e to f), how would you train a machine learning model to figure out which one
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