Risk awareness is a very important aspect of success in the universe of venture capital and startup growth. This is because risk is always present, which is why startups need to be able to deal with them as effectively as possible so that they won’t end up hindering long-term growth and success.

Startups that focus on risk management are not doing so reactively. Instead, they are doing it as part of their strategic move towards securing the stability of their businesses. This is why a lot of venture-backed startups these days invest in everything from experienced risk management speakers to training that will help them deal with risks more effectively. This shift is a result of the realisation that preparedness is what defines a business that endures in today’s highly competitive marketplace. READ MORE