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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black'><a href="mailto:info@bulls.co.zw?subject=Advertise%20Rates"><span style='color:black;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=1215 height=413 id="Picture_x0020_2" src="cid:image004.jpg@01D517DF.EAD681D0"></span></a><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:3.75pt;margin-bottom:3.75pt;margin-left:.5in;background:white'><span style='font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:0in;margin-right:3.75pt;margin-bottom:3.75pt;margin-left:.5in;background:white'><span style='font-family:"Verdana",sans-serif;color:#555555'><o:p> </o:p></span></p><p class=MsoNormal align=right style='text-align:right'><span style='font-family:"Verdana",sans-serif;color:whitesmoke'>Image credit: Thomas Barwick | Getty Images<o:p></o:p></span></p><p style='background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>John Burroughs famously wrote, “Leap and the net will appear.” However, for many people, the idea of taking that leap can be so scary that they never take action at all. As an entrepreneur, you’ll most likely have to assume some level of risk at some point in order to make your goals a reality. As such, learning how to effectively manage risk is a vital skill in helping you attain success. <o:p></o:p></span></p><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>Not sure how to improve your relationship with risk? Start by following these tips:<o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;font-size:1.375rem;margin:1rem 0px 0.5rem'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>1. Acknowledge that risk is part of entrepreneurship.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>You never have to like risk, but you do need to accept that it exists. Pretending it’s not there won’t make it go away. It can be helpful to remember this: Most things that are worthwhile require a certain level of risk. Whether executing a trade in the stock market, starting a new business, expanding an existing business or even just asking for a raise, you’ll have to put something on the line, be it money or simply your pride. However, it can be helpful to remember that often, the potential reward makes the risk worthwhile.<o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>2. Be prepared.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>If you were going parachute jumping, you’d definitely check that your chute was working before you dived out of the plane. Likewise, in business, it’s important to assess your preparedness before taking a risk. First, check your mindset. Are you feeling calm, have you gotten enough sleep, have you eaten? Second, check your preparedness for the specific task or undertaking. For instance, if you’re about to sign a lease for a business space, do you have your paperwork in order and all of the necessary documentation? Being prepared can help you manage risk more effectively by keeping you in a calm, collected state of mind. <o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;font-size:1.375rem;margin:1rem 0px 0.5rem'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>3. Do your research.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>No matter what kind of risk you’re taking on, from courting a new client to investing in a new business, it’s important to make sure that your moves are calculated. This means you’ve got to do your research. For example, if you’re about to invest in a food truck, you should learn all that you can about food trucks, including zoning laws, fees and permits, parking rules and so on. By being able to anticipate potential obstacles, you’ll be better able to deal with them if and when they arise. <o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;font-size:1.375rem;margin:1rem 0px 0.5rem'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>4. Consider the best-case scenario. <o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>A little bit of optimism can go a long way in terms of giving you the bravery to follow through with taking a risk. So consider this: What’s the best that could happen? Visualize the best-case scenario before taking a risk. Consider how it would feel to attain your goals. Keeping your eyes on the prize can help you manage risk by helping you stay motivated.<o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;font-size:1.375rem;margin:1rem 0px 0.5rem'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>5. Consider the worst-case scenario.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>This might not be as fun as considering the best-case scenario, but it’s equally important. Considering what could go wrong when taking a risk isn’t about giving yourself a panic attack. Rather, it’s about helping you consider what could go wrong so that you can take proactive steps to avoid such outcomes. <o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;font-size:1.375rem;margin:1rem 0px 0.5rem'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>6. Be ready to cut your losses.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>I’m a trader, and part of my success comes from the fact that I am ready and willing to cut losses if a trade goes sour. Even if you’re not involved in the stock market, the ability to cut your losses can help you manage risk more effectively. For example, if you’re getting involved in a restaurant venture, you may want to consider how much you’re willing to lose before opening. Setting specific parameters before taking on a business venture and then sticking to them can be an effective tool for managing risk and helping minimize your losses. <o:p></o:p></span></p><h2 style='line-height:21.45pt;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>7. Learn from every experience.<o:p></o:p></span></h2><p style='background:white;-webkit-font-smoothing: antialiased;box-sizing: inherit;margin:1rem 0px'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'>Remember this: No matter what happens after taking a risk, you’ll always learn from the experience. For instance, say you’ve decided to take over a retail space on a busy shopping street. Even if the business fails, you’ll still learn a lot about running a retail busines, town politics and small-business marketing. And if the business does well, you’ll learn valuable skills about marketing, employee-management and publicity. Sure, most people would rather experience the successful scenario. However, recognize that even if the outcome is not great, that doesn’t mean it’s been a waste of time. This can help you better manage risk by helping you remember that you’ll always gain something.--entrepreneur.com<o:p></o:p></span></p><p style='background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'><o:p> </o:p></span></p><p style='background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'><img border=0 width=700 height=350 id="Picture_x0020_3" src="cid:image002.jpg@01D5943B.01E71380" alt="7 Keys to Overcoming Risk on the Path to Success"></span><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#212121'><o:p></o:p></span></p><p class=yetidone style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:11.25pt;margin-left:0in;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><i><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Invest Wisely!</span></i><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Bulls n Bears<o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Telephone: <a href="tel:%2B263%204%202927658" target="_blank"><span style='color:black;text-decoration:none'>+263 4 2927658</span></a><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Cellphone: <a href="tel:%2B263%2077%20344%201674" target="_blank"><span style='color:black;background:white;text-decoration:none'>+263 719 441 674</span></a><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Alt. Email: <a href="mailto:info@bulls.co.zw" target="_blank"><span style='color:black;text-decoration:none'>info@bulls.co.zw</span></a> <o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Website: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AFQjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw</span></a><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Blog: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw/blog</span></a><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Twitter: @bullsbears2010<o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe<o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Facebook: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA" target="_blank"><span style='color:black;text-decoration:none'>www.facebook.com/BullsBearsZimbabwe</span></a><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Skype: Bulls.Bears <o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Whatsapp Group: <a href="https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO"><span style='color:black'>Click Here to Join</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'><img border=0 width=161 height=81 id="Picture_x0020_1" src="cid:image003.jpg@01D517DF.64575AD0" alt="bulls logo"><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p></div></body></html>