Mitigating Risks

Exit Mindset

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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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

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