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yes we can . so first need to know which project and after to be which risk
Thank you for your kind invitation and I agree with Mr. Mahmoud
That it is studying the project before Alde
And develop a plan for critical points
That may be an obstacle
And it puts the success scenarios for each point.
Certainly, successful serial entrepreneurs adhere to the basic principles of risk management, so I advice the entrepreneur ,If you’re going to play in a game with uncertain outcomes:
1) Don’t pay/bet more than what you can expect as a return.
2) Don’t pay/bet more than you can afford to lose.
Both of those ideas can be summed up with the phrase “Acceptable Loss,” a concept where you consider the potential downside of whatever risk you are about to take such as starting a new company or some other venture that is going to consume a lot of your time, capital, or other assets—and put on the line no more than you find it acceptable to lose should it not turn out the way you want.
How could this concept work? As you prepare to take action, you need to ask two questions to make sure you stay within the bounds of your Acceptable Loss.
1-What can I afford to pay to take the next step, and
2-What am I willing to pay to take the next step?
Now the costs we are talking about go beyond the financial. In fact, there are at least five classes of assets at your disposal and at risk
1. Money, of course .
2. Time.
3. Professional Reputation.
4. Personal Reputation. No one wants to be branded a loser.
5. Opportunity cost. If you are spending time on X, you cannot be working on Y at exactly the same moment, and Y, potentially, could be a far better idea.
Essentially, Each entrepreneurs should work extremely hard to limit all five.
Thank you for the invitation
I agree with member's answers
Agree with expert ansewrs above
Thanks for the invite ............................ Leave an answer to the experts
Agree with experts answers.
I agree with Mr Mahmood answer's. Thanks for the invitation. .
I leave the answer to experts and specialists in this area this is not the field of my specialty
