Earlier this week, I was on the Yeukai Business Show talking about risk management in the context of startups. Yeukai was a great discussion partner, and pulled a lot of stories out of me. This is probably the more “storified” version of my work on risk management and experiments. As someone who spent 15+ years in financial markets and now almost 10 on innovation, I wanted to share the key learnings.
So if you want to learn how the foundations of identifying your biggest risks and being able to predict profitability and increase your confidence levels, pop over there and have a listen.
You'll discover:
The process of mitigating risk and cutting losses
The common reasons for loss and bankruptcy among tech startups
The impact of proper risk management, as well as 3 different ways to mitigate risk
If you want to find out more, check out Your First Startup Experiment to get even more tools and techniques on this topic.