Venture

A venture is a daring or risky undertaking, typically a business enterprise or project, that involves the possibility of financial gain or loss. It implies a willingness to take chances and confront uncertainty in the pursuit of a specific goal, often requiring significant investment of resources, time, and effort. The success of a venture hinges on careful planning, strategic execution, and a degree of luck. It can also refer to an act of going somewhere or doing something that involves risk or danger.

Venture meaning with examples

• The entrepreneurs decided to launch a new tech venture, investing heavily in research and development to create an innovative product, hoping to secure substantial returns. They prepared a comprehensive business plan, but they understood the risks of a competitive market.
• Despite facing significant challenges, the explorer decided to venture into the uncharted jungle, equipped with supplies and a team, seeking adventure and new discoveries, despite the dangers and uncertainties they could face. They knew it would be tough.
• As a young artist, he made the bold venture of quitting his stable job to pursue a career in painting, accepting the financial uncertainties for the chance to follow his passion, hoping it would pay off in the long run. It was a huge gamble.
• The government decided to initiate a joint venture with a private company to build a high-speed railway, hoping to improve the country's infrastructure and economy. However, there were environmental concerns and logistical hurdles to overcome.
• She carefully planned the venture of starting her own bakery, investing all of her savings into equipment and ingredients. She had created a business plan and had good ideas but understood the need for hard work and adaptability to succeed.