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In this episode of "From Busy to Rich," hosts Justin Lakin and Wes Young explore the theme of risk in both business and personal contexts. They discuss risk management strategies, emphasizing the importance of grounded optimism and preparedness. They highlight tools like assessments to reduce uncertainty in hiring and business growth. Collectively, they advocate for a balanced approach to risk, combining realistic assessments with strategic planning to navigate uncertainties and achieve growth.

In today’s episode we will cover:

• The nature and omnipresence of risk in business and personal decisions.
• The concept of "dancing with uncertainty" and preparing for various outcomes.
• The distinction between manageable risks and inherent risks.
• The role of risk management in hiring and team building.
• The impact of grounded optimism versus grounded pessimism on decision-making.
• Embrace risk as a catalyst for growth and success.

We hope you enjoy this episode, and we would love to hear your feedback by having you leave a review. Have a question for us to answer on the podcast? Let us know here!

If you’re an advisor and want to further explore these or other topics, you can learn more at www.wesyounglive.com. Maybe you’re interested in taking your own planning journey in a new direction, in that case we would love to have you join us in one of our coming Transform Learning Series. 

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