E29: Courage, Part 3: Finding Your Bouncy Floor: Practical Risk Assessment & Risk-Taking

Episode 29 Featured Image Bouncy Floor
Small Stage, Big Impact
Small Stage, Big Impact

Are you tired of bro marketing, manipulative algorithms, and sales funnels that encourage you to ‘trip’ a prospect to make her buy more? Then you’re in the right place.

On Small Stage, Big Impact veteran digital strategist, Renia Carsillo, combines solo teaching episodes with interviews to help you learn how to build a sustainable, people-first digital strategy that works for your business. Along the way, she speaks to digital activists, upstart developers, badass content creators, brave community leaders, and other behind-the-scenes folx you probably haven’t heard on a podcast before. To help you answer one important question:

How do we do better digital (#DoBetterDigital) so we can be better humans?

29: Courage, Part 3: Finding Your Bouncy Floor: Practical Risk Assessment & Risk-Taking
byLourenia Carsillo

Nothing opens the door for spectacular success like taking a risk. 

But taking a risk also opens the door for spectacular failure. So how do we ensure we go through the right door?

In our final Summer Strategy Session on courage, we take on the common adage credited to John Burroughs:

“Jump, and a net will appear.” 

How many of us have learned the hard way that if we don’t build the net first, we will only fall flat on our faces?

What if I told you that there was a way to mitigate the risks that are necessary to grow your business? Failure happens to the best of us. But failure doesn’t have to capsize us, taking our business and personal finances relationships down with it.

The 5 Keys to Effective Risk-Taking can help you mitigate risks and the potential for failure.

Did you know many of the entrepreneurs who are known for taking risks – and having them pay off – were really just skilled at risk mitigation? 

Today I break down the key components to effective risk-mitigation so that you can give yourself the best chance at achieving your dreams. 

Are you ready to change your mindset, budget your time and money, and walk through that door to success? If so, this episode is for you. Listen now.

In episode 29 of Small Stage, Big Impact we discuss:

  • [8:54] How and why to build your own net, because no one else will do it for you.
  • [13:25] What the sunk-cost fallacy is and how to avoid it in your business.
  • [21:33] The importance of betting smart so you don’t over-leverage yourself.
  • [24:17] Going second so you don’t have to seed a new audience.
  • [26:57] Learning how to break down your timelines to better budget your time
  • [31:17] The importance of noticing the gaps where new ideas and businesses are most needed.

Resources mentioned by Renia in the episode:

Nothing opens the door for spectacular success like taking a risk.

But taking a risk also opens the door for spectacular failure. So how do we ensure we go through the right door?

In our final Summer Strategy Session on courage, we take on the common adage credited to John Burroughs:

“Jump, and a net will appear.” 

How many of us have learned the hard way that if we don’t build the net first, we will only fall flat on our faces?

What if I told you that there was a way to mitigate the risks that are necessary to grow your business? 

Failure happens to the best of us. But failure doesn’t have to capsize us, taking our business and personal finances relationships down with it.

The 5 Keys to Effective Risk-Taking can help you mitigate risks and the potential for failure.

Did you know many of the entrepreneurs who are known for taking risks – and having them pay off – were really just skilled at risk mitigation? 

Today I break down the key components to effective risk-mitigation so that you can give yourself the best chance at achieving your dreams. 

Are you ready to change your mindset, budget your time and money, and walk through that door to success? If so, this episode is for you. Listen now.

Episode 29 Recap

  • [8:54] How and why to build your own net, because no one else will do it for you.

  • [13:25] What the sunk-cost fallacy is and how to avoid it in your business.

  • [21:33] The importance of betting smart so you don’t over-leverage yourself.

  • [24:17] Going second so you don’t have to seed a new audience.

  • [26:57] Learning how to break down your timelines to better budget your time.

  • [31:17] The importance of noticing the gaps where new ideas and businesses are most needed.

Resources Mentioned in Episode 29

Sometimes our show notes contain affiliate links. We only recommend books, products, or services we feel great about and believe will support you in your work. These small commissions help pay for the production of our show each week. We do not accept show sponsorships or host guests in exchange for compensation of any kind. Thank you for supporting us by using our links to purchase when we’ve recommended something that piques your interest.

Help Us Spread the Message to Others

Did you love this podcast? Leave an honest review over on iTunes. Your ratings and reviews help spread the word and mean the world to me.

Listen on iTunes | Spotify

Small Stage, Big Impact is hosted by Renia Carsillo (that’s me!). I am hardcore passionate and committed to bringing the systems and strategies that give big brands an unfair advantage to local businesses. For that reason, I created the Local Rock Star Intensive, where I help local business owners use their small stage to have a BIG impact. Thank you for being here and reading this far!

Other Ways To Enjoy This Post

Scroll to top

What's your Business Owner Archetype?

Find your business-generating superpower and your next steps to making your growth more sustainable and fun.

Skip to content