Description:
In this week’s episode, I am talking about how to mitigate risks. I will give you 4 methods to use when you want to mitigate a risk that you are planning to take. This is a follow-on to episode 273 where I discussed real and perceived risk. If you have not listened to that episode, I would encourage you to go back and listen to that episode first.
Way back in late 2019, before the beginning of the pandemic, the "What’s Next Mastermind" group within the Career Pivot Community, held three sessions about risk. The last one was about how we mitigate risks. From that discussion, I wrote a blog post called, How to Mitigate Risk in the 2nd Half of Life. You will find a link to this in the show notes.
In this episode, I want to take you through the four strategies that we discussed in that session on how you can approach mitigating risk. These are tried and true methods (but something we rarely think about) on how we can mitigate the risks of our actions.
The four strategies are:
You can read more about these strategies in the article 4 Effective Risk Mitigation Strategies.
Think about how you have used some of these methods in your life or career to mitigate risks.
This episode is sponsored by Career Pivot. Check out the Career Pivot Community, and be sure to pick up my latest book, Repurpose Your Career: A Practical Guide for the 2nd Half of Life Third Edition.
For the full show notes and resources mentioned in the episode click here.Discover the Perfect Destination for Your Retirement or Remote Work Abroad #337
From Turbulent Childhood to a Successful Life - Memoir by Steph Silver #336
Rebroadcast - Are You Prepared to be an ‘After the Age of 50’ Entrepreneur? #335
The Megatrends Reshaping Our Postgenerational Society: A Guide by Mauro Guillén #334
50+ Job Market - Some Examples of Success from the Career Pivot Community #333
Dementia Prevention: Using Your Head to Save Your Brain with Mitchell Clionsky #332
Navigating the Emotional Roller Coaster of My Wife's Heart Surgery #331
Rebroadcast - The Secret to Success to Staying Employed in Technology into Your 70s #330
End the Silence: Ask for Help with Mental Health with Thom Singer #329
Excellent Advice for Living: Wisdom I Wish I'd Known Earlier with Kevin Kelly #328
Rebroadcast - Being Relevant is More Important than Your Experience with Fawn Germer #327
Finding Meaningful Work in a Post-Career World with Bruce Feiler #326
Optimize Your LinkedIn Profile and Boost Your Later in Life Career Prospects #325
Experience Matters: Join Manpower's Mature Worker Program with Laurel McDowell #324
My Observations of Post Pandemic Mental Health for those 55+ in Age #323
How to Adapt and Be Resilient in Pivoting to an Encore Career with Russ Eanes #322
Start Living a Portfolio Life Today with Christina Wallace's Advice and Inspiration #321
Weatherman to Podcaster: The Inspiring Story of the Legendary Fritz Coleman #320
Rebroadcast: How Women 50+ Regain Their Confidence with Bonnie Marcus #319
Start by Building Strong Relationships Now: Insights from Steve Harper #318
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