Investing is risky

People often say, investing is risky. To them, that idea is real and because they think it is real, it becomes their reality, even though investing does not have to be risky. While there always risk, just as there is risk in crossing a street or riding a bicycle, that acts themselves do not have to be risky. So any people think investing is risky because they think their ideas are real.

The most people cannot start their own business. Starting a business is far too risky. Statistic show that nine out of ten business fail in their first five years.

I do not recommend people start their own business, I state that everyone should mind their investment portfolio. That does not necessarily mean start their own business, although a well-run business is often the asset that makes the rich very rich.

First of all, while nine out of ten do not make it, notice that one out of the ten does make it. Once I realized that nine out of ten do not make it, I knew that I needed to be prepared to lose at least nine times.

I have seen too many people build a business, make a lot of money, get cocky and start another business thinking the odds are now in their favor. While their odds may have improves a little because of their past experience and success, we all need to be humble enough to know than the odds remain nine out of ten for all start up business.

So today when you start a new business, you still remain cautious. You still respect the one out of ten possibility for success.

While their odds may have improved a little because of their past experience and success, we all need to be humble enough to know that the odds remain nine out of ten for all stat up businesses. So today when you start a new business, you still remain cautions. You still respect the one out of ten possibility for success.

If you want to be successful in life, you need to always be respectful of the odds, regardless of how successful you were in the past.

Our school system trains people to be employees rather than to be business owners and that is why most are not prepared to run their own businesses.

Small businesses are responsible for almost all the job growth and are responsible for a large portion of all taxes collected. So in spite of the risks, more and more people continue to start their own businesses. Without them, there would be much higher unemployment. Without these individuals willing to take risks, we would be financially backward nation. Free enterprise gives us all the opportunity to take risks and grow. If these individuals did not take risks, our nation would not be prosperous as it is today. People who take risks increase prosperity.