Is Entrepreneurship a Gamble?

What does entrepreneurship mean to you? We’re still discovering, and learning – and sometimes teachers are much younger. Such as while playing a game, a child saying – “You can’t play safe all the time – to gain something you have to take some risks.”

Entrepreneurship is about knowing the risks (and the rewards), taking “calculated” risk and managing the risk to minimise its impact.

The person who is taking risks without understanding them, calculating them, hedging against them is less an entrepreneur, more a gambler, where the weightage is on chance / luck / fate.

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