Every decision has risks and opportunities with it. One I’ve been thinking a lot about is how fluffy it feels to talk about buying a company. When push comes to shove, will you actually borrow $1M to buy an awesome asset that you can grow 2-3x?…..you still owe someone $1M and many can’t sleep at night with that over their heads.
Check Out the book below if interested in learning to deal and manage risk.
The Black Swan by Nassim Nicholas Taleb