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.Expat in Mexico Update - Lotus, Marc's Wife, Talks about her Experiences #237
Discussing Encore Careers with Encore Network Leader with Janine Vanderburg #236
A Discussion about Older Workers and 'The Big Quit' with Chris Farrell #235
Career PTSD in the post Covid World with Mustafa Ammar #234
School Teacher to Evocative Fiction Author to Writing and Editorial Coach #233
How to Adopt a Career Mindset in the 2nd Half of Life with John Tarnoff #232
Future Proof: Reinventing Work in the Age of Acceleration with Diana Wu David #231
LinkedIn Made Simple with Ryan Rhoten and Andy Foote #230
The State of Returnships in the Post COVID-19 World with Tami Forman #229
Discovering the On-Demand Executive Talent Marketplace with Matt Blumberg #228
Teaching High School Chemistry as an Encore Career with Keith Stolzenbach #227
Getting Back to Normal - My Observations from 26 Coffee Meetings #226
How Boomers Can Shore Up Their Personal Brand with Wendy Marx #225
Learning How to Run a Successful Political Campaign in the 2nd Half of Life #224
Observations on Returning to a Pandemic Recovering Austin #223
Let Your Amava Guide Help You in Designing Your Next #222
Fractional and Interim Leadership Roles with Mike Harris of Patina Solutions #221
Finding Purpose and Passion in Teaching Others on GetSetUp #220
State of Back to Work Programs with Carol Fishman Cohen of iRelaunch #219
Following his Passion by Pivoting into the Voice Over Industry #218
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