The challenges of Entrepreneurship

I just wrote an article on Entrepreneurship entitled:

NOTHING VENTURED, NOTHING GAINED! It has been published on one of Singapore famed entrepreneur’s portal, Nanz Chong-Komo at Nanzinc.com (Nanzinc.Com is a website for Asian entrepreneurs to gather and find information and support for their business).

EntrpreneurshipThe Motto title of my article encapsulates the fact that you can’t get anywhere and succeed in anything in life unless you’re willing to take risks. Obviously it means that you have got to be ready to make mistakes and fail with sometime very painful consequences. Opportunity and Risk are the two face of the same coin and hence must be managed in an integrated manner. In this article I explore the too often ignored relationship between creating value and risk management. And why no taking risk management seriously is Gambling your assets away.

Follow the link to read the full article.

What is Risk?

The First step in understanding Risk Management and Decisions about Risk is to try to understand RISK itself! This is a challenging undertaking, a even though everybody may have an ‘idea’ of what risk is, when you ask them to define it precisely, most people will find it very difficult. Continue reading