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.Creating a Career Pivot Resume with Thea Kelley #157
Learn How to Make Travel Pay for Itself with Tangerine Travels #156
50+ Job Fairs - Expectations of Employers and Candidates #155
John Tarnoff Teaches How to Work for a Millennial #154
Jayne Mattson Teaches Relationship-building #153
Marc Miller Visits the Second Act Stories Podcast #152
Mark Anthony Dyson Interviews Marc Miller on His New Book #151
Marc Miller On His Book Tour and More! #150
Embrace Creative Destruction or Be a Turkey. You Choose! #149
Jean LeFebvre Explains How She Sells Online with Fulfillment by Amazon #148
Paul Vogelzang Talks about The Not Old — Better Show #147
Jon Warner Teaches the GRAND SLAM to Entrepreneurs in the Second Half of Life #146
Marc Miller Pulls Back the Curtain about Writing the Third Edition of Repurpose Your Career #145
Nikki and David Yeager Tell About Writing for Children #144
Russ Eanes Turns the Walk of a Lifetime into a Writing and Consulting Career #143
Marc Miller Reflects on his First Year as an Expat #142
Kerry Hannon on Success in the Second Half of Life #141
Encore of “Rebranding Yourself with Alexander Buschek” #140
Playbook for Building Strategic Relationships #139
Mark Silverman and the Long, Fulfilling Life #138
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