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Why entrepreneurs should not be a wild risk taker? How do they minimize these risks? Explain.

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Khiabarranidn

Answer:

Entrepreneurs are not wild risk takers but are instead calculating risk takers. They appear to be risk takers because they see the market differently than the rest of us do. Entrepreneurs tend to be optimistic about their chances for success, and usually their optimism is based in reality.

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John Bader

, President and Board Chairman, Award Winning Author (1976-present)

Answered Apr 19, 2021

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