Financial Analysis versus Instinct

Entrepreneurs by their nature are risk takers and successful because they rely on their gut intincts to do innovative things.

As the capital needs of their businesses grow, they have to attract investors who often demand financial analyses for major projects or ventures.

There has to be a fine balance between decisions made on instinct and ones based on financial analysis. While the “entrepreneurial” spirit in decision making is important, the need for solid analysis should not be overlooked.

Entrepreneurs should optimize decision-making by achieving a proper balance between instinct and analysis.

Ravi Patel

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