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“In business, the courage to take risks is essential, but so is the wisdom to know when to act.” – Dorothy Kamanzi (Rwandan entrepreneur)
Kamanzi stresses the importance of balancing risk and wisdom in entrepreneurship. Taking risks is essential for growth, but knowing when to act and how to mitigate those risks is just as crucial for long-term success.
Assess the risks before making any major business decisions. Understand your market, your resources, and the potential rewards. While courage is important, strategic thinking and timing will help you manage risks effectively and ensure that your business decisions lead to success.
