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Re: elichen post# 70762

Monday, 02/24/2014 3:18:56 PM

Monday, February 24, 2014 3:18:56 PM

Post# of 293523

in this case developing the business involves working in context of a ton of unknowns and uncontrollable factors



1. There are always a ton of unknowns and uncontrollable factors.
2. No matter who owns the business, they would have to deal with the same risks. Adapt. There are no walls that cannot be scaled.
3. If the people that know what is going on didn't think the risks could be over come, then at some point you drop the endeavor. All the risks can be overcome. When you are close to full production, this should be evident, as most obstacles have already been dealt with. Entrepreneurs are not frozen by the obstacles, neither am I. Less risk less ROI.

This is why I bring up the oil scenario. Wildcat oil exploration looks for oil in new unproven territories/concessions. The biggest risk for KBLB was the science. Now that that has been overcome, KBLB can morph into producing its product. That requires many things to happen...and they are happening. You look at the risks and I look at the successes.

“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor.” Jesse Livermore

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