Chapter
Real Risk vs Perceived Risk in Business
1:30:55 - 1:50:28 (19:33)
The ability to calculate real risk and weigh risk-benefit scenarios is crucial for entrepreneurs to grow and succeed. Ultra high net worth individuals are those with a net worth of 15 million or more and often deal with the difficulty of having dangerous individuals on their side while also walking a fine line of being at the top of their game.
Clips
The ultra high net worth individuals with a net worth of 15 million or more usually have an apex predator attitude, which is the ability to stop working but keep the business running, make difficult decisions, and master different skills like negotiation and customer satisfaction to scale the business.
1:30:55 - 1:34:43 (03:47)
Summary
The ultra high net worth individuals with a net worth of 15 million or more usually have an apex predator attitude, which is the ability to stop working but keep the business running, make difficult decisions, and master different skills like negotiation and customer satisfaction to scale the business. This attitude is common among those who have built their wealth from nothing.
ChapterReal Risk vs Perceived Risk in Business
Episode#538 - Andrew Bustamante - CIA Spy Explains Nukes, Wars & Double Agents
PodcastModern Wisdom
In certain situations, having psychopaths on a team can be useful as they are "cold hard killers" with no remorse.
1:34:43 - 1:36:46 (02:03)
Summary
In certain situations, having psychopaths on a team can be useful as they are "cold hard killers" with no remorse. However, there is a risk that the more power they gain, the more dangerous they become.
ChapterReal Risk vs Perceived Risk in Business
Episode#538 - Andrew Bustamante - CIA Spy Explains Nukes, Wars & Double Agents
PodcastModern Wisdom
The functional utility of having dangerous guys on your side is a difficult reality and it's very difficult to be at the top of your game without having people secretly waiting for your downfall.
1:36:46 - 1:46:53 (10:07)
Summary
The functional utility of having dangerous guys on your side is a difficult reality and it's very difficult to be at the top of your game without having people secretly waiting for your downfall.
ChapterReal Risk vs Perceived Risk in Business
Episode#538 - Andrew Bustamante - CIA Spy Explains Nukes, Wars & Double Agents
PodcastModern Wisdom
The CIA taught the importance of focusing on real risk and using it to weigh the risk benefit scenario because perceived risk may appear as real, but they are not the same thing.
1:46:53 - 1:50:28 (03:35)
Summary
The CIA taught the importance of focusing on real risk and using it to weigh the risk benefit scenario because perceived risk may appear as real, but they are not the same thing.