Can we avoid risk in business?

We can minimize the risk through perfect planning

There is no way you can avoid risk. Everything we do entails us to be in a risk. When i post this message i risk being slammed, countered, objected, rejected, srcutinized. But hey in business, as long as we give a value, service or product to many others while exchanging our "products" with the cash given, well anything can be sold. But we can manage risk as one had said before. We manage risk by assessing, recognising, exploring, experiencing, learning, reading about the relevant subject. Its not easy, no matter what you do. But that's the purpose of mylot, to share, discuss and aknowlege what works and what does not. As long as we can be understood and bring across what we want to bring across, we gave benefiteed already.

It will be better if you keep similar questions in the same discussion. A friendly suggestion. There will always be some risk in business or in fact in any thing we do.

I can do it business

there is nothing certain in life, especially in business where your success depends on an entire list of variables. And I guess luck has a part in starting a business too. But this doesn't mean we shouldn't try to reduce the risks and most important to calculate it.