This is an episode of the Retail Initiative Podcast – listen and subscribe to it here.
——
For free resources and our top episodes, go to madebycapital.com/podcast.
——
In This Episode
- Josh Orr / Capital Commerce CEO: FOLLOW ON INSTAGRAM
Let’s Connect
- Has the Retail Initiative Podcast been valuable for you? Subscribe and leave us a review on your preferred platform: SPOTIFY | APPLE PODCASTS
- Want free resources that help brick & mortar retailers grow online? CLICK HERE
Must Have Resources
- Bottling the In-Store Experience: Recording of our top masterclass on gaining traction online
- The eCom Accelerator ToolKit: Professional Canva templates, email automation templates, and more
- Top 5 eCom Mistakes From Brick and Mortar Retailers: A free download that covers the top 5 pitfalls that prevent online growth.
Episode Summary
Have you ever faced a moment in your business where taking a risk felt almost inevitable? How did you decide to proceed, and what was the outcome?
In this episode of the Retail Initiative Podcast, Josh explores the theme of risk-taking in business, which is especially relevant in the currently challenging economic climate. He begins by framing the concept of risk as an inherent part of entrepreneurship. He emphasizes the importance of understanding the difference between passive and active risks and how even inaction can be a risk. He further delves into taking calculated risks, urging listeners not to act out of fear but to make informed decisions based on a clear understanding of their goals and the worst-case scenarios.
Josh’s advice is not just theoretical; he shares experiences from his business and coaching sessions with retailers, making the episode a blend of personal insights and practical strategies for entrepreneurs looking to navigate the complexities of business risks in a recession.
