In this episode of Business Brain, Dave and Shannon discuss the impact of handling bad reviews on social media and avoiding public venting. They highlight the importance of incentivizing positive reviews and maintaining a constructive approach towards feedback.
Transitioning to risk tolerance in business, they share personal insights and stress the significance of recalibrating one’s risk scale over time. Reflecting on past decisions, they emphasize making informed choices and offering tailored advice to clients. Dave and Shannon propose developing a risk assessment tool to help clients assess their risk tolerance levels accurately.
They emphasize transparency and guiding clients based on individual risk profiles. Concluding with the concept of assigning alter egos to different risk levels, they encourage listener feedback to improve their advisory approach and promote an open dialogue.
Podcast: Play in new window | Download (Duration: 21:50 — 15.7MB) | Embed
Subscribe: Apple Podcasts | Spotify | Podcast Index | Email | | More
