Risky Business

risk-taking

As all entrepreneurs know, just being in business is a risk.  Everyday we make decisions that impact our business, our lives and our lifestyle. The other day I was re-reading a book by Nido Qubein in which he talks about risk management. In order to manage risk  he suggests asking three questions: 1.  What's the best thing that could happen? 2.  What's  the worst thing that could happen? 3. What's the most likely thing to happen? Once you answer the three questions, … [Read more...]