Have you ever wondered what you should be doing now to mitigate business risk? Today I will be discussing the different types of risk you could encounter and how to combat those risks. Managing those risks is a key skill you must learn in order to mitigate damage to your company and yourself.

This episode’s takeaways:

• Strategies to use to mitigate damage from risks
• The best way to react to risks
• Learning the difference between internal, external, and preventable risk
• How risk and reward can go hand-in-hand

Mitigating risk is a good way for you to be proactive in your business and for you to strengthen the systems and processes within your company so you can have a successful exit in the future.

Sign-up for your FREE COPY of Exit Mindset (Releasing soon!) For more information, please visit ExitMindset.com. Follow Exit Mindset for more ways to “Think Like a Buyer” on Facebook, LinkedIn, Twitter, Instagram and YouTube.

We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share it with them.

The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.

• The difference between internal and external risks for your business
• How running a business is like driving a car
• Questions to ask yourself
• Strategies to implement in order to manage risk
• What is preventable risk?
• Every business is subject to risk

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Daily tasks and emergencies are accepted as common issues business owners must deal with. No one sets out to simply tread water in their business without any forward momentum. Unfortunately, that is often the case for many business owners due to these distractions.

Day-to-day tasks often get in the way of improvement and scale. While they are certainly necessary measures, I’m here to tell you that these tasks are below your pay grade and the wrong way to go about running your business.

You should be thinking from the BUYER mindset and not the OWNER mindset. Today I will tell you how to change your mindset so YOU can build a scalable business, in order to have a clean exit in the future.

Have a question about your business we can answer? Email askrem@exitmindset.com

Sign-up for your FREE COPY of Exit Mindset For more information, please visit ExitMindset.com. Follow Exit Mindset for more ways to “Think Like a Buyer” on Facebook, LinkedIn, Twitter, Instagram and YouTube.

We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share it with them.

The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.

Talking Points:

• How to think like a buyer for your company
• When should you start thinking like a buyer?
• Reasons people start their own businesses
• How to build a scalable business model
• The difference between profitability and scalability
• Questions to ask to evaluate if you are thinking like a buyer

Resources/Links:

Get a free copy of my book here!

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You need to stop spending too much time on your business. For many of us, this is a difficult task. It is hard to distinguish an owner’s mindset from a buyer’s mindset. In today's episode, I will be talking about what you can do to make that distinction and how delegating can help you and your business with:

• Accountability
• Solidifying objectives
• Creating trust
• Freeing your time for more important tasks
• Specialization
• Forming your own systems

Sign-up for your FREE COPY of Exit Mindset (Releasing soon!) For more information, please visit ExitMindset.com. Follow Exit Mindset for more ways to “Think Like a Buyer” on Facebook, LinkedIn, Twitter, Instagram and YouTube.

We want to help as many business owners as possible. If you know anyone who could benefit from the information in this podcast, please feel free to share it with them.

The Exit Mindset is brought to you by Rem Oculee, founder of Confidence Wealth. All rights reserved.

• Owner’s mindset versus a buyer’s mindset
• Working with other people’s systems and workflows
• Key objectives versus day-to-day work
• Why delegation is so important
  • Does delegating this task free your time for more important tasks?
  • Do you have someone who specializes in these tasks?
  • Are you delegating to all three parts of the exit mindset?
• How delegation helps your team with accountability
• Delegation creates trust in the system and within your team
• How to start delegating
• The harmful phrase “I thought” and why you should eliminate it from your vocabulary

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