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.
Sign-up for your FREE COPY of Exit Mindset (Releasing soon!) For more information, please visit ExitMindset.com. Follow Exit Mindset for more ways to “Think Like a Buyer” on Facebook, LinkedIn, Twitter, Instagram and YouTube.
We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share it with them.
The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.
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
Resources/Links:
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