There is an area of Risk which is everything else you can not control. This is HUGE. This includes competitors, regulation, pandemics (eg COVID 19), weather events, natural disasters, stock market crashes, war just to name a few. With this area of risk, it is more about how you have organised your business and contain the impact on your business and your life – rather than putting specific measures in place. It is important to be aware that this stuff happens. History will confirm this for your time and time again.
Clearly for you to have the Ideal Business you need to have the Risk level correct and also have in place the mechanisms which allow you to control risk effectively. Risk level is something that we focus on at Invizbiz when helping businesses owners create their Ideal businesses.