All tagged Risk
10 Principles - Facts And Emotions In A Time Of Risk
If there is any consistent counsel, it is that we need to make decisions on the basis of facts. Hard, objective, scientifically-based information that provides us with a solid understanding of the situation at hand, the magnitude of the issue(s), the possible actions we can take and the relative weightage or prioritization of each.
This type of information ensures that we minimize the impact of emotion - subjective ideas based on our fears, our histories, our prior baggage and “what others are saying”.
Our Ability to Shape Events
Where we are is a function of our choices, some we've consciously made, others implicitly, still others made for us (for better or for worse).
It Starts With a Hunch
All businesses start with a hunch.
A feeling in your gut that "there's something here". That someone (or lots of someones) might actually pay for the product or service that, for now, brews in your head.