Any company must grow in order to succeed, and risks are what fuels growth. They ignite a good team to accomplish their goals, but risks can also be uncomfortable. When growth happens quickly, you have to be equipped to handle it or you may find that your business isn’t ready for its coming success.
The key is to anticipate and have a game plan for potential growth and the risks that come with it. Growth and comfort are mutually exclusive concepts; your company is most likely to grow when you’re taking a big risk. Still, it takes the right knowledge and the right instincts to know when it’s time to take the leap out of your comfort zone. When opportunity knocks, you have to ready to jump in knowing that, however uncomfortable you feel now, you will later be rewarded. If your risk doesn’t pay off, it helps to know that you’ll be learning from the experience. As an entrepreneur, it’s vital that you understand that the greatest successes you will have will come from taking risks and venturing outside of your comfort zone.
Read the full article here: The One Thing Your Must Know to Take Smart Risks