Yesterday while driving along Lake street, I noticed that there were several businesses that had closed, and several buildings vacant along the way. It was depressing, in an anonymous kinda way. I mean, I don't know any of the business owners, but I understand the pressures that made them crumble, and I understand the failure of a business. It's very easy to take personally the failure of your business, thinking that you should have made different decisions, wondering what you could have done differently.
Quite a few years ago, I decided that all things being equal, I would take risks over not taking them and wondering what would have happened if...
However, when not all things are equal, how do you determine whether the risk is worth taking?