Managing or Mitigating Risk: Strategies for Entrepreneurial Success

In this episode of "How to Set Up a 100 Crore Company with Ratheesh Nair," we delve into the crucial topic of risk-taking and risk mitigation with Ratheesh Nair. They explore the distinction between risk management and risk mitigation, shedding light on key strategies for entrepreneurs.

Ratheesh begins by emphasizing the inevitability of risk in entrepreneurship, highlighting its dual role as both a friend and a foe. He clarifies the difference between risk management and risk mitigation, explaining that risk mitigation is a component of the broader risk management process.

Risk mitigation, Ratheesh explains, involves preparing for potential challenges and unforeseen circumstances. This proactive approach includes being ready for situations that may not have been anticipated initially. Key aspects of risk mitigation include market res ...