Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same.
The challenge is to avoid bad risks, while actively seeking and managing the smart risks.
All the rest are bad risks, including problems you didn’t anticipate, competitors you didn’t know about, and customer expectations that you can’t meet.
An age-old measure of startup health is how much time top executives spend on containing bad risks, versus proactively exploring new risk opportunities.
If the majority of your time is in recovery mode, your whole startup is likely a bad risk. | To read full story, visit https://startuparound.com/read/1581388207.920255/10-Manageable-Risks-That-an-Entrepreneur-Should-Take?ref=audio_experience