Do you need to like taking risks in order to start a business?

Advice from Mélanie Desharnais and other entrepreneurs

Monday, May 15, 2017
You can’t talk about business without talking about the risks entrepreneurs must take along the way. Do you have to be someone who naturally loves risk to start a company? Or is it possible to tame any such possibility beforehand? Quebec entrepreneurs take on the question.
The video is only available in French.

According to the entrepreneurs interviewed for our web series, risk and entrepreneurship go hand in hand. Being bold and having a high tolerance for stress are beneficial qualities to have.

For Mélanie Desharnais of Desharnais Pneus & Mécanique, taking risks often means having a competitive advantage for entrepreneurs. 

« You definitely have to love taking risks when you’re an entrepreneur. I think that’s the cornerstone of entrepreneurship, because otherwise you would never be able to stand out from the crowd. »

Mélanie Desharnais

But while entrepreneur and investor Audry Larocque also feels that doing business means getting out of your comfort zone, you don’t have to put all your assets on the line. 

“‘Risk’ does not mean ‘gamble.’ There’s a big difference between the two. I think good entrepreneurs do not gamble. They take risks, but they are calculated risks. The idea is not so much to dare to take risks as to accept that you are going to explore unknown territory.”
— Audry Larocque

See also : Do you have to have a business plan?