Cover the Downside Rule

Managing risk in certain respects can be as easy as Donald Trump makes it out to be. But even he forgot his golden rule – and openly admits it, when he went bankrupt in 1990. Trump asks himself when selecting new business ventures, and there would be many, ”could I handle the situation if things went unexpectedly bad”. He says even if [...]

How do I assess my risk without a maths degree?

Image via Wikipedia How big are your risks? What is the outcome? What can I do about it? Simply treating all risks that you may be exposed to in your business “as equal” in your business plan doesn’t really help you manage them effectively, nor will it help an investor understand them. Further, whilst you [...]

Scalability – can your business scale for massive growth?

Is your business ready to grow? Some ideas just don’t scale. Some businesses, though profitable are just not suited to expanding. This could be for several reasons, including: being dependent on a founder with a highly technical skill being dependent on a founder with personal connections having a small overall target market lacking a unique [...]

De-risking – getting ready for investment

Make Your Business More Attractive to Venture Capital Investors By Derisking Derisking is the process of removing risk factors from your business in order to make it more attractive to an outside investor or to an outside buyer. It is one of the most important factors in the grooming process in order to be an [...]