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4min chapter
Framework Friday: The Secret to Being Lucky
My First Million
Market Risk, Executional Risk, Technical Risk
There are many different types of risk in business. Market risk is trying to figure out, well, does anybody even want this? Then you have people who buy cash flowing businesses that often take technical risks. And the last one is knowing whether you're attempting to take market risk, execution risk or technical risk and being honest with yourself about what type of risk you're taking when you go into an endeavor.
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