Mitigating Risks
Exit Mindset
English - February 11, 2022 11:00 - 15 minutes - 14.1 MBInvesting Business Management ceo franchise growth marketing product achievement branding business cashflow company Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Have you ever wondered what you should be doing now to mitigate business risk? Today I will be discussing the different types of risk you could encounter and how to combat those risks. Managing those risks is a key skill you must learn in order to mitigate damage to your company and yourself.
This episode’s takeaways:
Strategies to use to mitigate damage from risks
The best way to react to risks
Learning the difference between internal, external, and preventable risk
How risk and reward can go hand-in-hand
Mitigating risk is a good way for you to be proactive in your business and for you to strengthen the systems and processes within your company so you can have a successful exit in the future.
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Talking Points:
The difference between internal and external risks for your business
How running a business is like driving a car
Questions to ask yourself
Strategies to implement in order to manage risk
What is preventable risk?
Every business is subject to risk
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