Risk-Taking: The Single Biggest Key To Entrepreneurship?

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[youtube http://www.youtube.com/watch?v=gxXwRsjvl70?rel=0]

Honestly, I’m not sure there is a single biggest key to much of anything…especially business building or entrepreneurship.

• Connecting with people
• Gaining experience
• Knowing how to sell
• Good time management
• Having enough capital
• Blah, blah, blah

Some people think great “fill-in-the-blank” (i.e. business people, artists, singers and such) are born, not made. Others believe that hard work can accomplish most anything.

As is often the case, the truth may lie somewhere in between. I’d like to believe that all of life is what we make it, but I know much of life is beyond our control. Even so, I think we should tackle life with that perspective – life is what we make it.

If life knocks us down…we can decide to get up or stay down.

If life reveals an opportunity…we can decide to take it or let it slide by.

So it may be that if I were asked to single out one thing – one trait – that might likely serve as a key to successful business building, it might just have to be the willingness to venture into the unknown. To take a risk. To believe in what we’re doing, to have confidence that we can “make it” but to understand that failure is also possible.

Our culture is clogged with rhetoric likely based on this truth.

“Nothing ventured, nothing gained.”

“No risk, no reward.”

Randy