The Peltzman Effect How Perceived Safety Can Lead to Riskier Choices











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Ever heard of the Peltzman effect? It's a psychological phenomenon where people take greater risks when they feel safer. For entrepreneurs, this means that building a substantial financial runway can actually encourage you to take the bold steps necessary to start your business. Let's learn how you can use the Peltzman effect to your advantage by saving up and reducing perceived risks, allowing you to leap confidently into entrepreneurship. • • #Entrepreneurship #PeltzmanEffect #FinancialPlanning #BusinessRisk #StartupAdvice

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