Question: Everyone recognizes that starting a new business venture involves risk; however, in the excitement of planning a new business start to launch the next new
Everyone recognizes that starting a new business venture involves risk; however, in the excitement of planning a new business start to launch the next new tech or latest consumer craze, risk management may take a back seat to the hundreds of other important managerial and other tasks that must take place. Read The Startup Entrepreneur's Guide to Risk Management.
In an initial discussion post of at least 250 words, describe which aspect of risk management for a startup surprised you most (i.e. was something that you hadn't thought about). What (in your opinion) is/are the most important part(s) of risk management for a new business? Explain your reasoning. (If you have any personal experiences or insights to add, please share those).
After posting, respond to at least two of your classmates' posts comparing and contrasting their response to yours.
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