47. World domination
Assessing risk is laborious, but the entrepreneur must be prepared for every eventuality, no matter how obscure and unlikely it might seem.
It is highly unlikely that your building will burn down, but that’s not to say these things don’t happen. You’re not tempting fate, merely remembering to bring an umbrella.
If your business relies on computers and software to any degree, and there are very few businesses nowadays that do not, then you must acknowledge that they are temperamental, likely to crash, or corrupt, or fall over at the most inopportune moment possible. What does that actually mean for you and your business? To lose a document because you have failed to save it is incredibly annoying and will ...