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Without adequate capital to be a reserved fund for the failure of a business, a risk-taking entrepreneur might fall into bankruptcy and suffer trauma to restart the business. Unfortunately, literature sees that risk-taking behavior is a positive characteristic of an entrepreneur and makes it a linear variable in which the higher the risk is taken, the better the entrepreneur-s orientation is. This research aims to explore the entrepreneurs- excessive risk-taking behavior from the goal-setting perspective to have a better understanding of entrepreneurs- reaction to the environment. To achieve the goal, we collected data from 383 leaders of Village-Owned Enterprise (BUMDES) in Central Java. The quantitative analysis suggests that risk-taking behavior varies based on environmental uncertainty, organization commitment, and entrepreneurs- creativity. This shows that when related to excessive risk-taking behavior, consideration should be given to the environmental factor (which is environmental uncertainty) and individual factor (which consists of commitment and creativity).