Taking a risk is a necessity, but you must know how to do it

People who are scared of taking risks, and so never do can only reach mediocre success in business. Without occasional risks, you will never reach the highest benchmarks. At the same time, however, you cannot make ill-judged decisions, and the risks you take must not threaten you on an existencial level. Here are several tips on how to take smart risks and achieve success in business.