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So, you want to start a company? That’s a very exciting decision. But first, you must cover all your bases.

For instance, generate a clear and simple idea, then determine what industry or market you plan to target, what type of corporate organization you’ll implement and where your business will be located.

Each is an important decision, but the main consideration when starting a company is how to manage risk. Risk is the heart of entrepreneurship — defined as “the pursuit of opportunity without regard to resources currently controlled.” Risk is the sole determinant whether you will succeed or fail.

To read the full, original article click on this link: 5 High-Risk, High-Reward Steps to Starting Your Dream Company