The Utter STUPIDITY of "Risking it All"
Description
In this episode we discuss the myth of the 'bet it all' startup mentality. They highlight the importance of downside risk planning and how successful risk management plays a crucial role in startup success
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Startup Therapy Podcast
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Website
https://www.startups.com/begin
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Wil Schroter
https://www.linkedin.com/in/wilschroter/
Ryan Rutan
https://www.linkedin.com/in/ryan-rutan/
What to listen for:
00:00 Introduction to Startup Therapy
00:28 The Myth of Betting It All
01:36 The Reality of Downside Protection
06:18 Case Study: The Zirtual Acquisition
11:24 The Importance of Backup Plans
18:58 Conclusion and Final Thoughts