A chance is what you take before you think about it. A calculated risk is what you take after you have evaluated all possible factors and have determined that risk. Craig Elliott
Recognize that geography matters.
Learn from the best.
Look To Past Situations.
Think Through Multiple Scenarios.
Eliminate Business System Silos.
Control Whatever Variables You Can.
Trust Your Intuition.
Be Prepared For A Pivot.
Research And Assess Market Trends.
Break Potential Risks Into Smaller Risks.
Prioritize Contingency Planning.
Determine If You Can Manage The Risk.
Think Through The Worst-Case Scenario.
Between calculated risk and reckless decision-making lies the dividing line between profit and loss. Charles Duhigg
I want to take the calculated risk; to dream and to build, to fail and to succeed. Dean Alfange