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Home Biz Notes

Home Business Owners Are Risk Takers

by Mary Emma Allen on May 8th, 2007

“Are you a risk taker?” Darlene McDaniel asks her readers at Small Business Boomers.

As I read her post and considered its relevance to home business owners, I realized that , “YES, Home Business Owners generally are risk takers.”  If fact they have to be to delve into a business from or at home, often leaving a full time job.  The degree of risk will vary depending on the business you choose and your circumstances.

However, as Darlene says, “Risk taking is a prerequisite for any entrepreneur.  No matter how you slice it, there is never a guarantee with any business.”

You may start your business on a parttime basis, so the risk is minimized.  However, you are making some investment in time and money to develop something for the future…something that will help you realize your dreams.

Darlene mentions that the alternative to risk taking is remaining in a rut.  Which is for you?

Read more about what Darlene has to say here….

Tags: , , , , risk+taking,

POSTED IN: Advantages, Business Blogging

3 opinions for Home Business Owners Are Risk Takers

  • Darlene McDaniel
    May 8, 2007 at 5:25 pm

    Hey Mary Emma, I agree with you that most home business owners do live in the world of risk and risk taking. Successful business owners, home business or otherwise learn how to grow their business with creative ideas that challenge them to continually step out of the boat in order to go to new levels.

  • Quilting and Patchwork » Are Quilt Business Owners Risk Takers?
    May 8, 2007 at 5:32 pm

    […] You might like to learn more about this, the nature of business owners…whether they’ll take risks or remain in a rut…on my home business blog, Home Biz Notes, where I wrote about this topic. […]

  • Bootstrapper » Seven Characteristics of Highly Successful Entrepreneurs
    May 24, 2007 at 4:07 pm

    […] a risk taker. To be able to take risks, you need to be a decision maker. To make good decisions, you need to be intuitive and be able to […]

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