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Thoughts on Risk Management for Startups

“Risk is like fire: If controlled it will help you; if uncontrolled it will rise up and
destroy you.” – Theodore Roosevelt

Risk Management is a big topic around business today.  There are risks of legal liability, lawsuits, security breaches, and disability of death of key people in your organization.  My suggestion:  Don’t get overly wrapped up in risk.  Instead focus on opportunity.  Develop a capability to assess risk better than others, and understand risk/reward.  In this video blog, I explain the key elements of risk and how it relates to key milestones for the company.  QuestFusion can help you assess risk, and determine risk/reward and relate risk/reward to when and how to raise money for your startup.

https://vimeo.com/156641847

Patrick Henry Entropic

This is Patrick Henry, CEO of QuestFusion, with The Real Deal…What Matters.