Project C.Y.A.

2. How to Proactively Assess Your Risk and Opportunity


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Have you ever felt like you were treading water in your business, barely able to catch a breath before the next wave hit you?

In this episode, we're diving into the fundamentals of risk assessment and opportunity evaluation, and how to plan your response effectively.

I address three everyday struggles faced by entrepreneurs: 

  1. Lack of Visionary Perspective - You can gain clarity amidst the chaos by making time for strategic thinking and evaluating your business from a higher perspective. Get on board with "visionary airlines" and soar above the challenges. 
  2. Weak Operational Foundations - Learn how to build a strong operational foundation by implementing solid systems, hiring the right resources, and establishing efficient processes. Strengthen your business from within and set yourself up for success. 
  3. Failure to Manage Risk Effectively - Discover various risk response strategies, including avoidance, mitigation, acceptance, and transferring or sharing risk.

You'll also be introduced to various risk response strategies, including avoidance, mitigation, acceptance, and transferring or sharing risk. 

By following these steps, you'll be better prepared to navigate the ups and downs of entrepreneurship and create a more successful and resilient business.

PS: Stay tuned for future episodes where we'll dive deeper into risk response planning.

Topics discussed in this episode:
-
The significance of making time for visionary thinking in business planning
- The importance of building solid operational foundations to support business growth
- The role of risk management in minimizing blindside problems and roadblocks

Quotes: 

"You gotta get up to that 30,000-foot altitude to be able to take a breath and a calm look at everything that's going on around you."


"When you have proactively considered risk as a possibility, if it does come to pass, it's gonna hurt less because you've already acknowledged it and potentially have planned for it."


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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!

🔗 Grab the FREE Assess Your Risk Workbook: https://www.projectcya.com/start/
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Project C.Y.A.By Julee Yokoyama