Understanding Risks | Management | Appitite | Tolerance | Emotional | Physical | ThinkerNick Podcast

I help people to find their purpose, build confidence in themselves and realize their true potential. Check out my free training: https://www.thinkernick.com/training In this Episode we talk about how to best understand risks in everyday life. What questions should be asked when you are faced with a risk. We look at the MAT in risk taking and dive into the biggest challeges and risks that businesses face today. We discuss the different frameworks that people can use for assessing risks using De Bono's methododlogy. The PMI or Plus Minus Interesting Framework and the consequeces and sequals framework. We reflect on the AGILE methos and the lean start up's concept called launch and learn. Nick discusses his experience and learnings from the podcast. We look at the biggest risks we have taken in life and briely touch on emtional risk, physical risk and economical risk. --TIMESTAMPS--  0:00 - Introduction  1:38 - What is a risk?  2:22 - What questions should you ask yourself when taking a risk?  5:04 - Risk and personal harm 7:04 - What are the biggest risks that businesses face today?  9:32 - Risk Appitite  13:23 - Risk Tolerence  15:09 - Is there a framework you can use to assess risks?  16:09 - PMI(Plus Minus Interesting)  18:45 - Consequences and Sequels Framework  19:40 - Challenege with risk when it comes to entrepreneurship  21:40 - AGILE approach in software development  24:13 - Nick's learnings  24:52 - What is the biggest risk you have ever taken?  28:45 - Outro Check Out our other episodes here: 🎙Available On: Spotify: https://open.spotify.com/show/1jFl8eKDIHKfUBXfyHKWi9?si=5d6d6e35f3b844cd Itunes: https://podcasts.apple.com/us/podcast/the-thinkernick-podcast/id1583327169 LinkTree: https://linktr.ee/thinkernick 🤠Follow us on: Facebook: https://www.facebook.com/Thinkernick-103778451830989 Instagram: https://www.instagram.com/thinkernickpod/ 🤠Follow Nicola on: Instagram: https://www.instagram.com/thethinkingfund/ 📱Contact us: Email: [email protected] Website: http://www.ThinkerNick.com/

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