Have you ever heard the saying: "What you put in is what you get out"? In this short post, I am going to enlighten you to the best of my ability!!
If you have ever practiced or trained for a certain sport, you have obviously realised that the effort you put in... determines your ultimate performance. If you are training to do he tour de France, you will not be able to do it if you have only been training for 3 months... It takes time and effort. The riders of the tour de France typically train between 80km-150km a day... every day... for several months if not years!!!
When you are deciding to start a business... you have to take a massive risk to actually succeed... for example: If you are starting a small grocery store, you need to buy the product you are going to be selling... that is your risk, your reward would be the poeple coming in and buying the products!! If you hadn't taken that risk to begin with... Your wouldn't have gotten a reward!!
Now you also cannot expect that it will happen everytime that you get something positive... You have to plan it properly. Going back to the Grocery store idea... If I have 20 Units of Payment to start off with, I have to keep in mind that I have to pay for my shop space, products as well as my employees! Therefore I cannot buy 20 units worth of product in hopes of them all selling, if you do do this, the products might expire as you have bought tooo many, you cannot pay your employees and you will most certainly be asked to leave as your are unable to pay for your shop space!
The point that I am trying to convey is that you can definately make good use of the risk/reward factor... If you plan it properly... If you fail to do so... You are going to end up in a dee pit and have to make a plan to get out!
Thanks for taking the time of YOUR day to read MY Post!
Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 22 of all contributions awarded today. You can find the TOP DAILY TRUFFLE PICKS HERE.
I upvoted your contribution because to my mind your post is at least 1 SBD worth and should receive 96 votes. It's now up to the lovely Steemit community to make this come true.
I am
TrufflePig, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content, you can find an explanation here!Have a nice day and sincerely yours,
TrufflePigHi! Apologies for popping onto your comments but have called out to most people on a post with very little feedback. I have just launched the new @steemsouthafrica account and discord server and would be thrilled to have you join us! We are trying to build up some SA STEEM momentum again – organising regular meet-ups etc. If you are interested, you can hop onto the new server HERE – hope to see you there soon! Oh, and you are welcome to start making use of the #steemsa tag on your posts so that we can support them with an upvote and resteem!
JOIN US ON TWITTER