Understand the difference for a better chance at success.
Being an entrepreneur involves putting yourself out the in world. They risk their idea with the intentions of changing for the better. When you put yourself out there by default there are risks involved. You don’t get the desired outcome, waste money and resources along with time. However, a successful entrepreneur take risks but isn’t foolish to gamble with his future. There is a crucial difference between the two.
Risks are part of running a business. By definition it means uncertainty of return and potential loss, loss of time, energy and money. Entrepreneurs take risk with the team they surround themselves with, with the brand positioning. They risk reaching the desired goal with the decisions they make. Achieving success in business involves someone taking a courageous stand for something they believe in. Taking a chance that the idea wills change the world for the better. All decisions take into consideration that tomorrow will be better than today.