Moment 134. The Indispensable Value Of a Risk Mindset
Description
Unlock better decisions and protect value by mastering a risk mindset in every situation.
We manage risk in order to protect value. So, you have to understand where the greatest value is, before you can decide what you need to protect.
Eliminating or reducing the severity of a risk can be expensive, so it’s important to take an 80/20 approach to risk mitigation.
Whether you’re making an operational decision, assessing a potential investment, or trying to decide how to go about a manual labour task, understanding the risk is critical.
If you want to go deeper into how you can make sure you aren’t blindsided by an unforeseen event, have a listen to Ep.141: Mastering Risk.
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