What is the difference between gambling and risk in business?
Gambling and risk are not same. There are huge difference between gambling and risk. Gambling is a risk which is taken without consideration anything. And risk is calculative risk which is must needed to take any profit. Gambling and risk has many difference here.Gambling are taken by the gambler but risk is taken from everyone. We cannot avoid risk but we can avoid gambling . gambling is not future but risk has future for making profit. who make gambling they are not real business man and they do not follow money management in the business. but who take risk they follow proper risk and return from the business. gambling is not legal to get success but risk is legal for getting success.