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Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One

Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One

FromThe Jasmine Star Show


Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One

FromThe Jasmine Star Show

ratings:
Length:
9 minutes
Released:
Feb 21, 2023
Format:
Podcast episode

Description

Have you ever struggled with a decision in your business? Have you ever laid in bed and thought “is this decision the right decision?”(Ok, that was a trick question: we all have).A few months ago, in Episode 304, JD and I shared about how we were learning to embrace uncertainty and how that played out in our life and business.A podcast listener reached out to me after that time to share how meaningful the podcast had been to her - and then she shared her own framework for making a decision that was just so dang good, I had to share it with you. Here’s the cliff notes version of the three questions she asks herself - but you’ll want to click play to hear the full context so you can apply it to your next business decision.Question 1: Do I have the chops to do this new thing? [04:01]Question 2: One year from now, would I regret not giving this a shot? [04:12]Question 3: What’s the worst that could happen if it didn’t work out? [04:27]
Released:
Feb 21, 2023
Format:
Podcast episode

Titles in the series (100)

The Jasmine Star Show is a conversational business podcast that explores what it really means to turn your passion into profits. Law school dropout turned world-renowned photographer and expert business strategist, host Jasmine Star delivers her best business advice every week with a mixture of inspiration, wittiness, and a kick in the pants. On The Jasmine Star Show, you can expect raw business coaching sessions, honest conversations with industry peers, and most importantly: tactical tips and a step-by-step plan to empower entrepreneurs to build a brand, market it on social media, and create a life they love.