The Startup Entrepreneur's Guide To Risk Management
businessinsider.com
businessinsider.com
Summary: (.9)**10 = 0.3487
(Ten 90% risk-free items = 35% risk-free = 65% risk)It's standard big-business risk management, but the article presents it for start-ups, so it's well worth a read. It also takes a step back from assuming business knowledge, so there's a number of things there which the first-time entrepreneur might not have thought of as a risk to their business before.