The Safe Way Of Taking Risks As An Entrepreneur - Part 2 by kenny-writes

hive-175254 · @kenny-writes · Apr 13 '21

$3.54

The Safe Way Of Taking Risks As An Entrepreneur - Part 2

<div class'text-justify'>

Good day everyone! This is the Part 2 of this interesting, informative and educative series, titled, *The Safe Way Of Taking Risks As An Entrepreneur*. If you have not read the Part 1, I advice you to read it before going on with this article, by clicking [here](https://peakd.com/hive-175254/@kenny-writes/the-safe-way-of-taking). Knowing ways to make safer business risk as an entrepreneur is very crucial to an entrepreneur's business success. Making a wrong risk could completely ruin one's business and lead to the liquidation of such business. Also, making the right risk could completely change one's business fortune for the better. In this article, I will be sharing with you all, one solid way to ensure that you will be able to take safe risk in your business.

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<center>![adam-nowakowski-VkRq5w3asCA-unsplash.jpg](https://files.peakd.com/file/peakd-hive/kenny-writes/23w2cMnQ9ega1h62jCLMigYmQP2B8qbsVvCZTZuNz4dV1yvjAov5YxbbEHuZfXa6USrRS.jpg)</center>


<center>Photo by <a href="https://unsplash.com/@adamaszczos?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Adam Nowakowski</a> on <a href="https://unsplash.com/s/photos/trading?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Unsplash</a></center>
  
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### <center>Learn From Your Disappointments</center>

This is one of the safest way of taking risks as an entrepreneur. Learning from your disappointments, is quite difficult but once you can truly learn from your disappointments, you will be able to take safer risk as you already know and understand how the risk will turn out, which will  be profits for you. If you have read the Part 1, you will recall my friend who lost massively because of lack of information. If he was to do that same business again, it would be a safer risk for him as he would have learned from his previous disappointments, thus, giving him an edge to profit from the business, hence, safer risk. He would know that he should include transportation cost, talk to wholesalers and ask about their prices, know the season to buy and sell, in order to make more profits. These were all the mistakes he made which made him lose massively. Him knowing and learning from his mistakes will definitely make him able to avoid such mistakes, thus, making it safer to take such business risk.

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<center>![david-travis-5bYxXawHOQg-unsplash.jpg](https://files.peakd.com/file/peakd-hive/kenny-writes/23wqyLSmc1Meav54T2KeriA7sMvvGqyF5i5Cp4VzyvE8qfVxUfEfyjmD1Rfc663vFBGtk.jpg)</center>

<center>Photo by <a href="https://unsplash.com/@dtravisphd?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">David Travis</a> on <a href="https://unsplash.com/s/photos/learning?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Unsplash</a></center>
  
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It is funny, how we sometimes don't learn from our disappointments. I'm currently learning how to trade crypto and the mistake I make all the time, is that, I always buy at the top i.e when there's already like a 30% increase in the price of the coin. It's funny because, I will notice the coin before it starts making its pump. I will notice the initial pump, I won't buy. I will notice a 10% pump, I still won't buy. It's when I'm feeling as though this coin may make 2x or 3x, that's when I will buy it and at that time, the coin has reached it's top and it will begin to dump. And it will start dumping massively, I will sell and make a loss. 2 hours later, the coin will pump again 😂. It is annoying experience. Although, I'm getting better, as my losses are decreasing compared to my past trades. Learning from one's disappointments, is a continuous process, because we will continue making mistakes, but it's always best to know those mistakes and learn from them. By learning from your mistakes, you will be able to make safer business risks in the future.

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<center>![wes-hicks-4-EeTnaC1S4-unsplash.jpg](https://files.peakd.com/file/peakd-hive/kenny-writes/23wC5VVP2Rtxonv3hiLypNzx2qWmXDXsUQcyU91SmC3niAT1nSd6k4fm8iFpGbf2qNXHe.jpg)</center>

<center>Photo by <a href="https://unsplash.com/@sickhews?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Wes Hicks</a> on <a href="https://unsplash.com/s/photos/learning?utm_source=unsplash&utm_medium=referral&utm_content=creditCopyText">Unsplash</a></center>
  
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I hope you found this article quite interesting, educative and informative, if so, do well to leave your thoughts in the comment section below. Thanks for reading.


<center>![Project Hope.png](https://cdn.steemitimages.com/DQmdHnQurvqJ3q7XKVXQLd2mb3Nvjgm6tzMAjcACwTS4Lo8/Project%20Hope.png)</center>

<center>*All Images Used In This Article Are From Free Image Sites, Hence, Free For Reuse*</center>








</div>

👍 ph-support, tipu, project.hope, therising, creativeblue, crypto.piotr, spt-skillup, lupafilotaxia, ctime, papilloncharity, funnyman, ph-fund, tomiscurious, jerrybanfield, runicar, combination, arcange, menoski, gifxlove, boatymcboatface, adityajainxds, nancybriti, mandate, janettyanez, amico, gniksivart, glastar, ocupation, wilhb81, samminator, majes.tytyty, chaodietas, tysler, cyrusemerson, eliel, steem.services, intacto, curx, mindtrap, isabelpena, josediccus, paragism, justyy, alphacore, theshell, uyobong, awah, laruche, mariusfebruary, lastminuteman, shainemata, codingdefined, freddio, tomoyan, alvinauh, jagged, kingscrown, amart29, pardeepkumar, botante, emiliomoron, gandhibaba, valchiz, adesojisouljay, and 120 others
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properties (23)vote details (207)

voter	rshares	pct
boatymcboatface	123,359,751,955	8%
kingscrown	22,151,098,082	8%
theshell	33,082,616,988	8%
iobates	91,900,682	2%
arcange	135,483,987,710	2%
raphaelle	1,933,718,144	2%
toolbox	0	2%
netaterra	-66,345,552,388	-2.5%
ebargains	2,839,850,029	10%
funnyman	308,179,338,211	6%
justyy	34,609,022,015	4%
safar01	527,052,324	28%
walterjay	1,837,578,615	0.35%
lastminuteman	28,865,129,381	47.5%
gbenga	5,877,162,586	50%
frankk	8,334,879,539	10%
davidorcamuriel	-6,192,094,038	-10%
sidwrites	14,101,090,173	10%
iansart	-10,878,659,691	-5%
khussan	620,975,261	50%
eliel	43,745,039,191	10%
jagged	23,750,840,339	12.5%
jerrybanfield	152,829,624,462	25%
improv	233,745,805	1%
samminator	71,598,894,202	50%
alphacore	34,283,041,340	5.02%
techken	-4,590,852,581	-5%
whd	12,275,946,036	10%
papilloncharity	381,475,260,546	33%
furious-one	418,759,103	20%
gniksivart	99,343,963,971	10%
runicar	141,563,128,398	9.7%
felt.buzz	2,914,067,701	0.35%
codingdefined	27,274,340,514	8%
macchiata	-3,705,631,542	-5%
isabelpena	40,330,246,457	100%
syedumair	13,299,801,911	5%
hassanabid	1,100,105,282	25%
valchiz	18,524,450,700	25%
pardeepkumar	20,752,450,975	9.7%
tipu	9,841,974,027,958	56%
crokkon	3,604,786,782	7%
tomiscurious	214,556,563,819	48.2%
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majes.tytyty	66,113,528,231	30%
vishalsingh4997	1,559,507,364	25%
thetimetravelerz	12,320,236,219	50%
josediccus	37,334,188,662	5%
cjsean	765,346,288	17.5%
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alvinauh	25,313,931,551	25%
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afzalqamar	2,119,655,595	28%
chekohler	-30,048,888,355	-5%
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fortunex	4,421,713,334	25%
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adityajainxds	114,449,054,182	80%
sholly1	2,053,439,591	50%
bartheek	5,844,061,386	28%
girolamomarotta	841,339,828	2%
legoman	5,069,100,008	50%
adesojisouljay	16,449,822,798	25%
gandhibaba	18,839,869,356	5%
curx	42,022,458,285	10%
leslierevales	1,276,033,115	16.5%
indianteam	607,071,151	20%
haidermehdi	925,937,920	25%
wilhb81	77,282,336,597	12.5%
emiliomoron	19,189,569,668	20%
happy-soul	963,783,231	28%
sisygoboom	-2,472,298,556	-10%
sunrawhale	1,930,712,731	100%
mindtrap	40,616,183,781	9.7%
technologix	-3,920,059,994	-5%
steempampanga	1,596,199,726	25%
zhanavic69	4,017,126,618	25%
yurilaya	2,649,646,310	25%
fego	2,264,719,191	39.19%
frassman	2,108,095,634	12.5%
zoniacb	2,044,487,569	50%
retinox	6,118,041,671	24.02%
peerzadazeeshan	12,848,848,872	37.5%
amico	100,489,073,178	14.7%
uyobong	33,010,957,771	25%
paragism	36,471,455,442	25%
franyeligonzalez	8,883,854,068	25%
obsesija	-2,902,355,746	-5%
freddio	26,376,922,205	10%
lordbutterfly	-70,917,553,296	-9%
road2horizon	5,390,408,437	20%
therising	3,944,651,444,842	50%
cyemela	6,003,795,174	25%
sustainablelivin	563,630,348	5%
nancybriti	113,077,890,395	100%
mariusfebruary	29,010,075,219	25%
break-out-trader	-1,486,565,793	-3%
menoski	132,538,943,129	100%
veteranforcrypto	-8,671,326,065	-5%
steem.services	43,610,697,180	10%
crypto.piotr	1,040,175,940,640	50%
akdx	4,934,028,508	12.5%
khiabels	2,575,452,435	22.5%
yusvelasquez	9,316,259,258	20%
truthtrader	919,945,976	25%
tysler	54,448,714,131	47.5%
occhiblu	1,389,432,972	15%
foxicoreviews	628,380,640	40%
purrix	9,370,989,480	12.5%
evegrace	4,947,572,181	12.5%
longer	4,345,761,259	14%
xves	4,723,480,431	13%
nutritree	14,881,320,476	35%
ocdb	-31,341,596,567,896	-10%
mightypanda	1,244,716,872	39.19%
mastersa	2,249,869,774	44%
cyberspacegod	1,895,432,923	50%
cyrusemerson	47,765,783,636	100%
amart29	21,809,745,944	81%
quatro	1,260,316,895	20%
rakison2	1,372,947,825	25%
erica005	1,844,209,314	30%
cubapl	2,236,522,020	25%
london65	2,247,089,411	22.5%
lupafilotaxia	566,976,882,522	81%
vgalue	3,659,087,343	12.5%
alaiza	1,436,229,231	81%
osso	135,611,635	100%
pboulet	632,521,110	0.7%
creativeblue	1,924,296,573,586	81%
busted1	933,308,451	25%
janettyanez	101,373,306,488	50%
reverseacid	7,564,822,039	50%
banat	-1,407,869,323	-10%
ordinaryamerican	1,144,147,267	10%
glastar	85,986,041,990	10%
tinyvoter	1,085,595,223	10%
optimizer	1,056,800,348	10%
infinite-love	651,006,572	10%
edgarare1	1,325,778,692	50%
khan.dayyanz	-2,263,315,367	-10%
shainemata	28,361,538,256	50%
primeradue	-6,504,367,508	-5%
mintymile	3,339,396,536	50%
junnel123	550,421,819	25%
ajks	1,846,737,166	10%
ctime	514,359,852,299	5%
ava77	-1,438,572,663	-5%
cabalen	675,084,254	17.5%
jadung	1,537,216,613	25%
maitre	132,167,003	100%
rappler	568,052,817	12.5%
photographercr	-7,186,193,569	-5%
bergelmirsenpai	795,496,697	10%
helgalubevi	3,799,984,926	15%
tinster	730,214,353	25%
leighscotford	1,163,905,579	2.8%
cryptogambit	1,443,747,986	7.5%
tomoyan	26,110,668,026	25%
co2fund	3,277,118,111	25%
co2admin	4,638,140,446	12.01%
project.hope	4,728,266,152,430	50%
botante	19,703,424,814	6%
spt-skillup	571,432,955,588	10%
dark-queen	971,380,406	12.5%
bcm	4,943,247,723	42%
joshmania	-71,179,578,959	-5%
dappstats	3,627,268,364	15%
ilidan	929,216,035	12.5%
fenngen	-2,876,024,246	-5%
simplex-world	10,168,910,777	46.11%
ph-fund	268,671,414,593	50%
sacrosanct	3,240,593,960	9.7%
toni.curation	0	1%
apx	18,897,069	5%
awah	31,848,035,442	25%
kgsupport	1,097,824,678	25%
julesquirin	1,944,280,716	11.2%
dapplr	9,205,192,583	6%
fengchao	7,999,377,590	2%
laruche	29,666,691,054	0.7%
mynima	2,540,228,719	18.75%
radio-quebec	1,009,170,130	50%
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hive-143869	1,082,313,922	0.7%
ph-support	10,690,275,915,391	50%
iamdanny	842,044,483	20%
team07	3,390,652,685	25%
mandate	105,926,220,806	100%
ajaycapital	4,907,451,920	10%
sevenoh-fiveoh	3,613,017,897	28%
chaodietas	56,137,750,411	81%
gifxlove	125,269,205,564	100%
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amico.toro	294,671,770	100%
genx-miner	995,501,317	100%
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