Let's Discuss How to Mitigate Risk in Your Life and Career [Podcast]

Podcast #275 – How to Mitigate Risk in Your Life and Career

Description:

In this week’s episode, I am talking about how to mitigate risks. I will give you 4 methods to use when you want to mitigate a risk that you are planning to take. This is a follow-on to episode 273 where I discussed real and perceived risk. If you have not listened to that episode, I would encourage you to go back and listen to that episode first.

Way back in late 2019, before the beginning of the pandemic, the “What’s Next Mastermind” group within the Career Pivot Community, held three sessions about risk. The last one was about how we mitigate risks. From that discussion, I wrote a blog post called, How to Mitigate Risk in the 2nd Half of Life. You will find a link to this in the show notes.

In this episode, I want to take you through the four strategies that we discussed in that session on how you can approach mitigating risk. These are tried and true methods (but something we rarely think about) on how we can mitigate the risks of our actions.

The four strategies are:

Avoidance
Acceptance
Reduction or Control
Transference

You can read more about these strategies in the article 4 Effective Risk Mitigation Strategies.

Think about how you have used some of these methods in your life or career to mitigate risks.

This episode is sponsored by Career Pivot. Check out the Career Pivot Community, and be sure to pick up my latest book, Repurpose Your Career: A Practical Guide for the 2nd Half of Life Third Edition.

Now on to the podcast…

Websites Mentioned in the Podcast:

Episode 273

How to Mitigate Risk in the 2nd Half of Life

4 Effective Risk Mitigation Strategies

How to Find More About the Podcast and Subscribe

Make sure to check out the Career Pivot Community.

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Marc invites you to connect with him on LinkedIn.com/in/mrmiller. Just include in the connection request that you listen to this podcast.

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