Risk | Sertaç Yalçın | TEDxBornovaAnadoluLisesi

Business Model & Growth Strategy - Arabika Cafe House grew from a small initial capital to 187 branches in 4 countries and 7 regions in Turkey, with 4 factories and other ventures [1] - The company initially suffered losses for 18 months, facing pressure to close or change its concept [1][2] - The company made a decision to open its second branch in 20 months despite existing debts and difficulties [4] Risk Management & Entrepreneurship - Entrepreneurship involves taking risks, sacrificing time, reputation, and comfort [1] - The company emphasizes the importance of analyzing and managing risks, learning from both successes and failures [1][6] - The company highlights the need for a systematic and controlled approach to risk-taking, with objective self-assessment [1] - The company suggests seeking mentorship and advice from experienced individuals to analyze risks [1] Financial Strategy - The company initially secured a loan through a government-backed entrepreneurship program due to lack of capital [1][2] - The company prepared a feasibility report to secure the loan, outlining the project, concept, and revenue streams [1][2] Personal Attributes for Success - Key attributes for a successful entrepreneur include hard work, belief, stance, patience, and courage [8] - The company emphasizes the importance of balancing emotional investment with rational analysis in entrepreneurship [1]