Mismatch of Risk Appetite When Hiring | Ep 792

This podcast explores the challenges that seasoned entrepreneurs encounter when moving into larger organizations. A key issue is the difference in risk tolerance: entrepreneurs who thrive in high-risk, high-reward environments often expect a stable salary while also wanting significant potential earnings in their new positions. This creates a conflict, as a guaranteed salary can limit their earning potential. The way forward is to better understand and manage risk. By cutting personal expenses, entrepreneurs can lower their individual risk, allowing them to embrace greater financial risks within a company and ultimately increase their chances for greater rewards.