#AskPeshev 141: Foolproof Risk Management

If you got into starting a business without considering the risks that come with it, then you are doomed to fail. Only through your awareness that such risks exist and may happen repeatedly can you start devising foolproof risk management plans. 👌 While you’re at it, work on the following aspects of your business:✔️ networking✔️ communication✔️ hiring and recruitmentWe’ve featured articles relevant to these topics in this newsletter! If you have any questions, just hit “Reply” 🚀 Mario

Latest News and StoriesWestchester Networking for Professionals: 10 Ways To Be More Intentional In Your Networking Efforts This YearThroughout the pandemic, it has been difficult for many professionals to build and maintain new business relationships. Interactions may have been limited to Zoom calls or virtual happy hours, while valuable in-person networking events were placed on the back burner. Now that many restrictions have eased and employees are heading back to the office or have settled into their new work-from-home routines, many people are ready and eager for more intentional networking efforts.Read more…Search Logix: How to Adjust Your Communication in a State of EmergencyTimes are tough! The COVID-19 outbreak has affected countless individuals and companies in a multitude of ways. Employees and consumers alike have become anxious as health concerns and economic uncertainties altered worldwide priorities in a matter of days. Crisis have happened in different forms before, and each of them had a ripple effect on companies worldwide.Read more…DailyBusiness: Struggling To Entice New Expertise? Eight Errors You Would possibly Be MakingWithin the present hiring market, competitors is fierce. With so many choices accessible to job seekers, corporations should try and out-compete others of their trade to be able to appeal to and rent expertise, and this has led to many corporations struggling to fill roles—and questioning what they will do to make the highest of candidates’ lists.Read more…#AskPeshev: What Is the Difference Between Staff Augmentation and Outsourcing?Staff augmentation is the synergy between external resources and the core team operating as employees or contractors within an organization. When the core team needs additional help, augmentation is a necessity to adhere to internal processes, follow protocol, sit in scheduled meetings, and ensure that the entire team—internal and external—acts as one.Read more…LinkedIn: How Do The Best Entrepreneurs Go About Risk Management?One of my favorite topics in the world is Risk Management. (And no, I'm not a conspiracy theorist who indulges in late-night discussions about the end of the world or something.) Back in 2011, my friend Mihail Mihaylov gave a presentation on risk management during the weekend mastermind group he ran at the time. From covering the CHAOS report (the go-to resource on what makes Agile so popular) to in-depth stories on risk analysis and risk management, this has been one of my favorite talks on the matter (and I've attended a number of them over the past decade). So just as psychologists or therapists are often dubbed for being paranoid or suspicious - great entrepreneurs always keep their eyes open for a major obstacle that could tank the business overnight. Jump in and find out what clicks for the best of them.Read more…