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Hey everyone is staring up johnllewellyn Davis aka the strategy man international speaker consultant mentor and author of the number one amazonbest-selling book strategy on a page welcome to this blog which is how cigar your business balls I have to say Thoroughly enjoyed filming that one Andy ops done marketing director newlydidn'’t let me film but show that photos I'm so excited I managed to sneak it past them but anyway what's going total about risks today their#39’s this myth out there I think amongst entrepreneurs#39’s almost like a legend that's been sown which all of us entrepreneurs and business owners where massive gamblers you know massive risk-takers because that's what you have to beat on no you have to be this massive risk-taker on gambler, but interestingly I found over the years that that is not the case in×39;going to talk about the extremes of that in a minute now I'll put my hands up Indy 20s I was definitely a risk-taker Indy early business is certainly the first businesses I had I was much more of gambler on the side of gambling and business rather than on a risk mitigation site now how would I see about people who are Having been in business for a while certainly the veteran entrepreneurs out there will actually risk litigators that's what wed and that#39’s the whole point of it so Want to blow a few myths apart around this today but let's talk about the two extremes here so well there's one extreme on risk which is the gambler sits the roll of the dice people IN×39;begot a great story of a friend of Minuit#39’s a multi-generation I think he'for 5th generation aristocracy and his grandma lost most of the family fortune betting on flies on a wall seriously this is she literally used to bet on whether the fly would take off the Waller not take off the wall in the next minute and she#39’s too spent their thousands and this was back in the early1900'’s, but that's gambling, but I have to admit that#39’s a lot better odds than most business owners are taking out there because at least for the fly on the fallout#39’ve got a fifty-fifty chance so you have that extreme of gambling on the other extreme you have extreme you know perfectionism which islet#39’ll move until absolutely has to be perfect every T has to be crossed every has to be dotted there has to be an element of perfection everything before you actually make any move whatsoever and both done#39’t work you know there'extremes there but their#39’s obviously spectrum in the middle the question is where do you sit on that spectrum where should business owners fit I thinkthere'’s an element there's a net there'SA greater in the middle where we should be slotting ourselves we should be classing ourselves as a risk mitigatorsand that#39’s the point of strategy is there to mitigate risk people look at me and look at the adventurous side to me so those wooden#39’t know I've run six miles across the Sahara Desert climb five of the highest mountains in the world and...
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