Proactive risk management strategies can shift your mindset, empower your decision-making, and lead you to greater business success. The entry bar to start a business is lower than ever before, and many entrepreneurs don't have a formal business background.

As businesses evolve and become more complex, risk management becomes increasingly important in areas such as team management, payroll, insurance, and new service lines. Ultimately, you need to make time to manage risk for greater peace of mind, operational efficiency, and business growth.

Topics discussed in this episode:

- The evolving nature of businesses and the increasing complexity as they grow
- The importance of taking a step back to assess the business's direction and alignment with goals
- How risk management provides a framework for processing information and making empowered decisions
- Moving from reactive to responsive decision-making
- Changing the relationship with fear and leveraging risk management to overcome hesitations
- Managing expectations and aligning strategies with long-term business goals

Quotes:

"How you treat some things in your life is telling to how you behave in other parts of your life."

"Understanding how to manage risk in our business allows us to change our relationship with fear."

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Hi Friend! I'm Julee Yokoyama. I help service-based entrepreneurs organize and protect their operations, and themselves, for more peace of mind, operational efficiency, and business growth.

15 years of experience has shown me many ways that "winging it" won't get you far in business or life. It's understanding how to assess risk, effectively plan, and have tough conversations BEFORE a crisis that we can experience more clarity, confidence, and even life fulfillment.

If you benefited from this episode, please take a moment to rate & review the show. This helps me reach more entrepreneurs, like you, who are ready to cover their asses!

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