Podcast

07 – Identify and Manage Around Risk In Your Business – Because Risk Is Always About Money

Posted at May 29, 2014 | By : | Categories : Podcast | 0 Comment

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Facebook founder Mark Zuckerberg once said, “The biggest risk is not taking any risk… In a world that changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” As a believer in this statement, Mitchell D. Weiss continues his interview to emphasize on the need to identify and manage risks.

 

The author of “Business Happens – A Practical Guide to Entrepreneurial Finance for Small Businesses and Professional Practices”, Mitch continues to assist business owners by sharing knowledge collected over 30 years in the financial services industry.

 

More About This Show

I decided to break down my interview with Mitch Weiss into two (Part 1 here) podcasts because I wanted to provide you with smaller morsels to process and learn. Whereas we discussed business loans to fund your business in Part 1, this episode is more about how businesses can learn to manage their risks.

 

Though business owners realize that they face many risks, they tend to be optimistic in nature. They forget that not dealing with risks will cause their business’ downfall. In order to ensure that your business continues to grow stronger and more success, Mitch highlights some of the important types of risks businesses face and how to manage them to achieve peace of mind.

 

Through this Podcast, You’ll Learn Things Like:

    •          What are financial, operation and organization risks
    •          How the segregation of responsibilities can benefit your business
    •          The framework to follow to determine probability and cost
    •          How to plan for risks to reduce their damage
    •          The importance of carrying out your business properly and ethically

And much, much more

 

Identify and mitigate risk in your business – Mitchell D Weiss makes it interesting  [TWEET THIS]

 

Mitch has provided ample information through this podcast, but I would really recommend that you visit his website http://mitchelldweiss.com/ to get more information, regardless of whether you’re a student or a business owner. You can also connect to Mitch through social media listed below.

 

Episode Resources:

You can connect to Mitch Weiss through the following:

Twitter

Facebook

Google+

LinkedIn

Scribd

Email

 

Feedback on the Podcast

Don’t hesitate to email me or connect with me via my social media accounts below. In addition to your feedback, I’d love to read any suggestions you have for future podcasts or guests you want me to interview. With your feedback, rest assured that Money Morsels will grow according to your taste.

About Emily Chase Smith

I’m an experienced attorney and entrepreneur. With my background in bankruptcy, I’ve seen the end of the business lifecycle and use that knowledge as a lighthouse to help others avoid the rocks. I counsel with entrepreneurs to provide custom solutions to help you get back in the game. You can contact me at (949) 391-6063, Google+ Twitter emily@emilychasesmith.com

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