You don't need to eliminate risk. You need to learn how to handle it.
Risk is part of building a business, investing, and creating something new.
You will make mistakes.
You will fail sometimes.
The important part is what you do with those experiences.
Learn how to assess risk before you take it. Learn from the mistakes you make. Then use those lessons to make better decisions the next time.
How have your past failures changed the way you assess risk today?