As a business person you will realize that the market will sometimes not work your way and you may end up facing stiff challenges. When business failure crosses your path you should not beat up yourself about it rather you should dust yourself up and focus on rising up once more. Carl Freer, a great entrepreneur in the field of technology, has gone through major failures but he did not give up despite the challenges.
Many think that being born with a silver spoon is a solution to risks and failures that you have to endure in life but they are wrong. As an individual you should put an effort in your business so that it grows and becomes a success. Risks are part and parcel of the long journey to success and every business person has a story to tell about risks taken.
Carl Freer founded Gizmondo a technological gaming popular among-st the American children but he faced major sales failure of the device. Though his finances were greatly affected, this entrepreneur dusted himself up and focused on more intellectual features so as to bring into the market a technologically advanced device. Just like Carl Johan Freer rose again to become better, that is how every business person should be. We need not focus on the risks and failures but rather on doing something different so as to be great competitors in the market.
Every business person needs a lot of discipline and dedication to succeed in the field of their expertise. In addition one has to know how to balance work and their personal lives so as not to create a struggle between the two. Therefore, it is only fair to say that taking risks in business should shape you becoming wiser in business and not someone who easily gives up.