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.My Observations on Quick Trip to Texas from Mexico #198
Career Sherpa Hannah Morgan on the 55+ Job Search in a Pandemic #197
Two Common Mindset Issues And How To Overcome Them #196
Navigating The Federal Job Hiring Maze #195
Returning to a Past Career and Finding Stability #194
The Experts Take on Looking for a Job During a Pandemic - Part 2 #193
The Experts Take on Looking for a Job During a Pandemic - Part 1 #192
LinkedIn Strategies in a Time of Pandemic with Andy Foote #191
Retirement in the Time of COVID-19 with Mark Miller #190
Pivoting Macs List Job Board In The Time Of COVID-19 #189
What is Going on in the Real World of Hiring and HR - Part 2 #188
What is Going on in the Real World of Hiring and HR - Part 1 #187
HR and Hiring in a Pandemic Update #186
Pivoting a Speaking Career in a Time of Pandemic #185
From Mining Engineer To Small Business Consultant #184
5 Fascinating Second Act Career Stories with Andy Levine #183
Networking and Remote Work in the COVID-19 World with Tammy Gooler Loeb #182
Thriving at 50+: How to Reinvent and Rebrand Yourself #181
Are You Prepared to be an 'After the Age of 50' Entrepreneur? #180
Can Phil Repurpose His Career? Part 4 of 4 #179
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