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What is the biggest risk of starting your own business?

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One of the biggest risks of starting your own business is financial risk. Starting a business requires a significant investment of time and money, and there is no guarantee of success. Many new businesses fail within the first few years, leaving the business owner with significant financial losses. Additionally, starting a business can also be emotionally draining, as the pressure to succeed and the uncertainty of the future can take a toll on a person's mental health. Other risks include legal issues, competition, and market fluctuations.
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