Building a brand new business from scratch is fraught with peril. Yet ironically, (and contrary to popular belief), the most successful entrepreneurs and venture investors are remarkably risk-averse people who are simply very good at managing and mitigating risk. This note provides a straightforward methodology for understanding and effectively managing the risks inherent in any new business – and applies equally well to stand-alone ventures and new corporate initiatives.
Note on Using the Venture Quotient to Manage Early-Stage Business Risk: What’s Your VQ?
by: James D. Price
Click on any button below to view the available document.
Make sure you are registered and/or logged in to our site to view product documents. Once registered & approved, faculty, staff, & course aggregators will have access to full inspection copies and teaching notes for any of our materials.
If you need to make copies, you MUST purchase the corresponding number of permissions, and you must own a single copy of the product.
Electronic Downloads are available immediately after purchase. "Quantity" reflects the number of copies you intend to use. Unauthorized distribution of these files is prohibited pursuant to term of use of this website.
This product has a teaching note available. Available only to Registered Educators. Please login to view it.
After reading and discussing the material, students should:
- Identify, quantify, and prioritize the four categories of venture risk.
- Analyze ways to systematically mitigate various categories of venture risk in a startup.
- Apply the VQ as a management tool.