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We‘re now going to turn to the final key component of entrepreneurship we will cover in this course, namely risk.
I‘m sure you‘ve heard the adage, no risk, no reward. And, indeed, no real entrepreneurship is without risk. This is another thing you need to juggle.
But risk can be managed. And a first step in managing risk is identifying the risks that you could face. What risks are you likely to encounter during the first year of operations? How about the second year?
Let‘s talk about some typical types of risks.
Will the product or service perform as expected?
Will the market value the product or service as expected? Will sales take longer than expected to achieve?
Who will be threatened by your business? How could they react to your entry on the market?
What changes in social trends or legislation could negatively impact your business?
How might advances in technology impact your business?
What if your team or pool of employees is not able to meet demand?
Once you‘ve identified the risks you need to consider how these specific risks could be mitigated. It‘s best to have identified practical and realistic steps that need to be taken in response to a specific risk long before the panic hits.
Indonesian:
Unit 13: Mengelola Risiko
Mari beralih ke komponen kunci akhir dari kewirausahaan yang akan kita bahas dalam kursus ini, yaitu risiko.
Saya yakin Anda pernah mendengar pepatah, tidak ada risiko, tidak ada imbalan. Dan, memang, tidak ada wirausaha sejati yang tanpa risiko. Ini adalah hal lain yang perlu Anda sulap.
Tetapi risiko dapat dikelola. Dan langkah pertama dalam mengelola risiko adalah mengidentifikasi risiko yang mungkin Anda hadapi. Risiko apa yang mungkin Anda hadapi selama tahun pertama operasi? Bagaimana dengan tahun kedua?
Mari bicara tentang beberapa jenis risiko yang umum.
Akankah produk atau layanan berfungsi seperti yang diharapkan?
Akankah pasar menghargai produk atau layanan seperti yang diharapkan? Apakah penjualan membutuhkan waktu lebih lama dari yang diharapkan untuk dicapai?
Siapa yang akan terancam oleh bisnis Anda? Bagaimana mereka bisa bereaksi terhadap entri Anda di pasar?
Perubahan apa dalam tren sosial atau undang-undang yang dapat berdampak negatif terhadap bisnis Anda?
Bagaimana kemajuan teknologi berdampak pada bisnis Anda?
Bagaimana jika tim atau kumpulan karyawan Anda tidak dapat memenuhi permintaan?
Setelah Anda mengidentifikasi risiko, yang perlu Anda lakukan adalah mempertimbangkan bagaimana risiko spesifik ini dapat dikurangi. Lebih baik mengidentifikasi langkah praktis dan realistis yang perlu diambil sebagai respons terhadap risiko spesifik jauh sebelum kepanikan melanda.
In creating new things, we need a lot of ideas before we try to materialize everything we go first with our plans and expects of calculated risks .Somehow we consider risk of failure in an entrepreneurship but that doesn’t mean that we end up here because entrepreneurs find ways and develop things.
Once risks are identified, companies take the appropriate steps to manage them to protect their business assets. The most common types of risk management implemented in business include avoidance, mitigation, transfer and acceptance.
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