How To Raise Money Podcast

#114 How to cope with DISASTER!! 10 Top Tips to help You

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Sinopsis

Ten top tips for dealing with disasters! 1. Disasters come in all sorts of disguises so don't ignore your gut feelings!!  2. Make sure you sort the obvious things...like up-to-date insurance and proper IT back-up systems.  3. Stay informed so, if possible, you know when disaster is looming. 4. Have back-up plans (Exits!!) in place for the obvious disasters which might occur. 5. Once a disaster has hit, gather your facts first before doing anything. 6. Decide as soon as possible whether you would be better off, both financially and in terms of time and effort, in just walking away rather than trying to solve it.  7. Seek professional advice! Especially in areas like employment, contract and finances.  8. Try not to inflame a disaster or to exacerbate one, however tempting!  9. Don't be surprised if you are asked to provide more money to help the business buy its way out of the disaster! 10. There is no shame in honest failure. Sometimes it's best thing to accept defeat and learn from i