Edward Fernandez, president and CEO of 1031 Crowdfunding, shares insights in Entrepreneur on how taking strategic risks can attract success and distinguish you from the herd. “Not all risk is the same — as an entrepreneur, it’s important to differentiate between unnecessary risk and calculated risk. Throughout my career, I have developed a strategic approach to risk management. Calculated risk involves making informed decisions in order to increase chances of significant rewards and growth.”
Risk is expected in life, especially for an entrepreneur. And it’s been my experience that risk tolerance plays a significant role in an entrepreneur’s level of success across personal, professional, familial and spiritual areas of life.
As someone who has navigated through uncertainty as Founder, President and CEO of 1031 Crowdfunding, I’ve come to define and approach risk through a series of eye-opening professional and personal experiences, many of which have proven to be good learning experiences, some of which I discuss below:
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