Weekly Update – August 11, 2021
A Note From Jim Taking Risks In Business = Rewards Most people think in terms of “risk vs. reward.” In business school, one of the first things they teach you is to run a “cost benefit analysis” – which is a fancy way of talking about risk vs. reward. The thought process is simple: if…
What’s the risk of NOT doing something? [video]
Yesterday we talked about risk vs. rewards. This talk spurred another idea… What is the risk of NOT doing something? We do not often consider this when weighing our options. Not taking a risk or action can often lead to losing much more than the inconvenience of time or money. What are you waiting for?…