Mastering Risk

Mastering Risk

https://rss.buzzsprout.com/1046719.rss
17 Followers 402 Episodes Claim Ownership
Risk cannot be eliminated, disasters cannot be prevented and you cannot purchase your way to an insulated life. You can identify, codify, judge and mitigate risk in your professional and private life.Non-apocalytpic evidence-based risk and preparedness education, for individuals, families, solo-entrepreneurs, businesses and communities.Your host, Dr. D is a veteran, professor, author and entrepreneur. No one is coming to help, so you and you alone are responsible for your outcomes. The choice...
View more

Episode List

If Your Business Burned Down Tonight, Could You Reopen Tomorrow? (Build a Continuity Plan in 60 Min)

Mar 18th, 2026 10:00 AM

Send a textWhat would happen if your business suddenly stopped operating tonight?A fire. A cyberattack. A supplier collapse. A platform outage.Could you reopen tomorrow, or would everything grind to a halt?In this episode of Mastering Risk, Dr. D breaks down a practical, no-nonsense framework that helps small and medium business owners create a simple business continuity plan in just 60 minutes.Most continuity planning is designed for large enterprises. Consultants can charge $8,000–$12,000 and take months to build a formal program. But 95% of businesses don’t have the budget, the time, or the dedicated teams required for that approach.This episode shows entrepreneurs a smarter alternative.You’ll learn how to quickly identify your five critical business functions, map the people, software, suppliers, facilities, and data that support them, and design simple redundancies so your business can keep operating even when disruption strikes.Instead of thick binders and theoretical frameworks, this episode focuses on practical resilience for real business owners.Because disruption isn’t a hypothetical risk.Every quarter, the vast majority of businesses experience some form of operational disruption: cyber incidents, supplier failures, infrastructure outages, or unexpected staff loss. The difference between companies that survive and those that fail is preparation.Inside this episode you'll learn:• The 5×5 dependency map that reveals your operational vulnerabilities• How to identify single points of failure in your business• Simple redundancy strategies for suppliers, platforms, and data• Why monthly rehearsals are the secret to real resilience• How to protect revenue and customer trust during disruptionsRisk can never be eliminated.But with the right preparation, your business can recover faster than the disruption itself.Subscribe for more episodes on risk, resilience, and preparedness for entrepreneurs.https://preparednesslabs.caDISCLOSURE Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks.  The information shared here is not a guarantee of success. Your results may vary.Copyright © 2026.Support the showhttps://preparednesslabs.ca/

Gulf War Chaos Is Here: 3 Downstream Risks That Could Cripple Your SMB (And How to Fight Back Now)

Mar 11th, 2026 3:00 PM

Send a textThe Gulf conflict is escalating fast, Strait of Hormuz disruptions, Houthi threats in the Red Sea, skyrocketing oil and shipping costs, and warnings of Iranian cyber retaliation against critical infrastructure. For small and medium business owners, the real danger isn't the headlines... it's the downstream shocks already rippling through supply chains, prices, and operations.In this episode of Mastering Risk, I break down the three major downstream risks hitting SMBs right now in the short to medium term (0–6 months):Double Price Shocks, immediate spikes from logistics/oil chaos, followed by scarcity-driven increases as suppliers scramble. Landed costs are surging, don't get caught flat-footed.Rising Cyber Warfare Threat — Playbooks from past conflicts are live. Expect more attacks on critical infrastructure (power, water, transport, comms) that your business depends on. One outage can cascade into disaster, map your vulnerabilities before it's too late.The Shift to Friend-Shoring & Near-Shoring, Globalization's "free oceans" era is over. Political risk now trumps cheapest-per-unit. Diversify suppliers geographically and politically for resilience, not just cost.I share battle-tested strategies: Build supplier redundancy (dual sources in different regions), smart safety stock (yes, even using self-storage), multi-internet backups, and full business mapping to spot cascading failures.You can't control global events, but you can control your preparedness. Risk can't be zeroed out, but it can be mitigated so shocks don't become fatal.https://preparednesslabs.caDISCLOSURE Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks.  The information shared here is not a guarantee of success. Your results may vary.Copyright © 2026.Support the showhttps://preparednesslabs.ca/

Global Conflict: Protect Your Small Business: 8 Evidence-Based Risk Controls for SMB

Mar 3rd, 2026 5:00 PM

Send a textIn the wake of escalating conflict in the Gulf, with the Strait of Hormuz effectively disrupted, tankers damaged or stranded, insurance war-risk coverage cancelled, and Brent crude surging by $7+ in a single day; small and medium businesses are facing real, immediate threats to their supply chains, costs, and operations.As a professor in disaster and emergency management with decades of research on small business risk preparedness, I break down 8 powerful, evidence-based risk controls you can implement right now to de-risk your business against global disruptions you can't control.From diversifying suppliers with true geographic spread and building smart safety stock buffers (balancing lean and agile logistics) to other proven strategies that mitigate cyber, operational, strategic, and reputational risks,  these controls help you navigate chaos, protect your employees and their families, maintain operations, and even gain a competitive edge.Whether you run an Etsy shop, Shopify store, dry cleaner, auto repair business, or local restaurant chain, these practical steps are grounded in real-world evidence, not opinions or hype.Key takeaways include:Why single-region suppliers can halt your entire operation overnightHow safety stock thinking applies to civilian businessesBuilding redundancy without breaking the bankIf global events like this Gulf crisis (echoing past Red Sea and shipping shocks) are keeping you up at night, this episode gives you actionable tools to build resilience today.https://preparednesslabs.caDISCLOSURE Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks.  The information shared here is not a guarantee of success. Your results may vary.Copyright © 2026.Support the showhttps://preparednesslabs.ca/

Survive the Chaos: A Chief Risk Officer is the Fractional Solution Every SMB Needs in 2026

Feb 24th, 2026 3:00 PM

Send a textIn a world of constant political upheaval, economic shocks, supply chain chaos, and unexpected disruptions, 91% of small businesses face a major hit every single quarter (Small Business Administration data). It's not if you'll get punched, it's when. The real question: Will you just survive, or will you seize the massive opportunities that open up in the chaos?Welcome to this eye-opening episode of the Preparedness Labs show with Dr. Jeff Donaldson, army veteran, disaster & emergency management professor, and founder/CEO of Preparedness Labs Incorporated.Discover the game-changing power of a Fractional Chief Risk Officer (FRCO), expert-level risk, resilience, and business continuity guidance at a fraction of the cost of a full-time CRO or high-priced consultant. Designed specifically for small and medium businesses (especially those under $1M in revenue, representing 95% of U.S. companies), this approach wraps your operation in a protective "blanket of insulation" against threats you can't control, while positioning you to leap ahead when competitors falter.Dr. D breaks down:-Why certainty is an illusion in today's volatile world-The overlapping worlds of business continuity, enterprise risk management, supply chain resilience, crisis management & moreYour 3 real choices during disruption: Hold fast, retreat to safe harbor, or confidently expand market shareHow Preparedness Labs makes elite risk strategies affordable and actionable for everyday entrepreneursWhether you're running a family-owned shop, a six-figure startup, or a five-figure side hustle, learn how to mitigate downside risks, amplify upside opportunities, and navigate uncertainty like a pro, without draining your budget.Ready to stop reacting and start leading through chaos? Watch now and take the first step toward unbreakable business resilience. Subscribe for weekly insights on risk, preparedness, and thriving in uncertain times. https://preparednesslabs.caDISCLOSURE Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks.  The information shared here is not a guarantee of success. Your results may vary.Copyright © 2026.Support the showhttps://preparednesslabs.ca/

Cyber Risk, Cash Crunch, Cancel Culture: The 3 Systems That Protect Your Side Hustle or Startup

Feb 11th, 2026 11:00 AM

Send a textIn today's unpredictable economy, plagued by cyber threats, supply chain disruptions, political shocks, reputational attacks, and regulatory surprises, most entrepreneurs operate without a real safety net. The result? One bad event can wipe out years of hard work.In this episode of Mastering Risk, Dr. Jeff Donaldson (PhD in Disaster & Emergency Management) reveals the three essential, mostly free systems every founder-led business (especially those under $1M in revenue) needs to implement immediately to mitigate downside risk and thrive amid chaos.You'll learn:Financial System: How to calculate your true runway, set up smart budgeting, map overhead + marketing spend, and secure a low-dependency line of credit so you can survive 3–6 months of zero revenue without panic.Data Security Program: The simple 3-2-1 backup rule (3 copies, 2 media types, 1 off-site/air-gapped), how to identify truly critical data, and why practicing recovery is more valuable than any expensive software.Content Production System: Build a repeatable, aggressive-patience machine to tell the world you exist, define your avatar, choose platforms where they live, leverage AI for scale (without replacing your voice), block time daily, and test for 6 months before pivoting.These aren't theoretical consultant decks, they're battle-tested, low-to-no-cost actions Dr. D uses in his own five-figure businesses and teaches to founder-led companies just like yours.Whether you're just starting, running a side hustle, or scaling a six-figure operation, these three systems create resilience against cyber, operational, strategic, and reputational threats. Visit Preparedness Labs: https://preparednesslabs.ca Subscribe + turn on notifications for weekly risk-mastery episodesDISCLOSURE Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks.  The information shared here is not a guarantee of success. Your results may vary.Copyright © 2026.Support the showhttps://preparednesslabs.ca/

Get this podcast on your phone, Free

Create Your Podcast In Minutes

  • Full-featured podcast site
  • Unlimited storage and bandwidth
  • Comprehensive podcast stats
  • Distribute to Apple Podcasts, Spotify, and more
  • Make money with your podcast
Get Started
It is Free