The risk in starting a business when you are older is always challenging. The thought of losing all our money due to risk at an older age often stops us from acting on something that is actually not that risky. However, the risk is always there. Risk is a fear word. Knowing how to mitigate risk is not always enough. Understanding how risk works and that uncertainties can be measured based on tolerance levels is a great start.
In this video we look at the risk in starting a business when you are older and how tolerance levels can make the risk become more of an uncertainty.
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