Daily Business Hustle

“Want to connect on Facebook?” Add me on Facebook: www.facebook.com/aleksander.vitkin In today’s podcast, I’m going to give you some practical advice about how much business risk taking you should be doing when starting your small business. I’ll show you real-life examples of what has happened to me and fellow entrepreneurs when taking risks in business and the common pitfalls (and future successes, hopefully) to look out for. The Trial-and-Error Period of Business Risk Taking Some other entrepreneur friends of mine and I started our businesses right in the middle of the recent economic recession. This was around 2008-2010. It was pretty hardcore, I won’t lie. We didn’t know if our work was going to succeed. Everyone was telling us how tough it was going to be and the risks were too high. People told us to get a job. Some of the people who started back then actually did end up in a job… Though those who didn’t quit are still in business today. What we learned from this trial-and-error period was how muc