Mastering Risk

Dr. Jeff Donaldson, CD

Risk cannot be eliminated, disasters cannot be prevented and you cannot purchase your way to an insulated life. You can identify, codify, judge and mitigate risk in your professional and private life. Non-apocalytpic evidence-based risk and preparedness education, for individuals, families, solo-entrepreneurs, businesses and communities. Your host, Dr. D is a veteran, professor, author and entrepreneur.  No one is coming to help, so you and you alone are responsible for your outcomes. The choice is yours, choose wisely.

  1. Oct 25

    What Does a Bad Day Look Like for Your Business? Prepare Before It Happens

    Send us Fan Mail What would happen to your business if you suddenly became unavailable, your largest customer walked away, or your cash reserves started disappearing faster than expected? Most business owners recognize these possibilities, but few have seriously considered how their company would respond. In this episode of Mastering Risk, Dr. D challenges founders and small business owners to confront an uncomfortable reality: businesses are often more fragile than their owners realize. Drawing on personal experience at Preparedness Labs, including an expensive marketing setback, and practical examples from founder-led companies, he explains why understanding your worst operational vulnerabilities is the starting point for meaningful business preparedness. You'll explore how to identify critical dependencies, work through realistic disruption scenarios, recognize financial warning signs, and make better decisions before circumstances force your hand. The discussion also introduces a straightforward exercise: identify your three greatest business vulnerabilities, imagine what happens when one fails, and work through the consequences before they become real. Business continuity isn't about predicting every crisis. It's about building the awareness, safeguards, and decision-making capacity to navigate disruption without losing control of your business. Business Continuity for Founders https://preparednesslabs.ca/products/business-continuity-for-founders Preparedness Brief for Small Businesses https://preparednesslabs.ca ChatGPT AI was used to generate ideas & structure. The body was written by humans and edited by Apple Pages proofreading function; while any filming was completed and edited by humans.  DISCLOSURE  Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results will vary, we are not responsible for your corporate or personal outcomes using our educational material. Copyright © 2026. Support the show https://preparednesslabs.ca/

  2. Oct 19

    Profitable But Out of Cash? Six Decisions That Protect Your Business

    Send us Fan Mail Your business can be profitable, have loyal customers, and generate strong sales—yet still run out of cash when the bills come due. The difference between making money and having money available when you need it can determine whether your business survives a financial disruption. In this episode of Mastering Risk, Dr. Jeff Donaldson examines six practical decisions that help small business owners strengthen cash flow, recognize financial vulnerabilities, and act before financial pressure becomes a crisis. You'll learn how to assess your available cash and operating expenses, identify your financial breaking point, and understand what happens when revenue declines or customers delay payments. The discussion also explores why indiscriminate cost-cutting can damage customer relationships, how better payment terms can reduce financial exposure, and why establishing financial reserves and borrowing options before they're needed matters. Most importantly, you'll discover how to establish measurable financial warning signs and predetermined management actions that preserve your ability to make decisions under pressure. Financial preparedness isn't about predicting the next economic disruption. It's about knowing your numbers, protecting your operations, and taking action while you still have options. Business Continuity for Founders https://preparednesslabs.ca/products/business-continuity-for-founders Preparedness Brief for Small Businesses https://preparednesslabs.ca ChatGPT AI was used to generate ideas & structure. The body was written by humans and edited by Apple Pages proofreading function.  DISCLOSURE  Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results will vary, we are not responsible for your corporate or personal outcomes using our educational material. Copyright © 2026. Support the show https://preparednesslabs.ca/

  3. Oct 12

    Business Continuity for Small Business: Preparedness Without the Complexity

    Send us Fan Mail Business continuity isn't just for large corporations. If you're running a solo or founder-led business, preparing for disruption matters just as much—but the approach needs to fit your reality. In this episode of Mastering Risk, Dr. Jeff Donaldson explains why traditional business continuity frameworks, while valuable, can be unnecessarily complex for smaller enterprises. He introduces a simpler approach to business preparedness designed for founders who have limited time, resources, and tolerance for unnecessary paperwork. Discover how everyday business decisions already involve risk management, why preparedness begins with leadership rather than documentation, and how to recognize the four major areas of business risk: cyber, operational, reputational, and strategic. The discussion also explores practical, low-cost actions you can take immediately, including improving cybersecurity habits, managing access to business systems, and establishing stronger operational practices. You'll also learn about the free Small Business Preparedness Brief from Preparedness Labs, which examines real disruptions and the lessons business owners can draw from them. The objective isn't to eliminate uncertainty. It's to make your business better prepared to withstand disruption and recover. Small Business Preparedness Brief: https://preparednesslabs.ca ChatGPT AI was used to generate ideas & structure. The body was written by humans and edited by Apple Pages proofreading function; while any filming was completed and edited by humans.  DISCLOSURE  Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results will vary, we are not responsible for your corporate or personal outcomes using our educational material. Copyright © 2026. Support the show https://preparednesslabs.ca/

  4. Oct 4

    Small Business Preparedness for an Uncertain Economy

    Send us Fan Mail Uncertainty is not a temporary disruption for small business, it is part of the environment in which founders now have to operate. The question is not how to eliminate risk, but how to understand what you can control and build a business capable of adapting when conditions change. In this inaugural episode of Season 20, Dr. Jeff Donaldson explains the evolution of Mastering Risk and Preparedness Labs, and why the focus is shifting toward founder-led businesses, solo entrepreneurs, business continuity, and practical preparedness. He explores why traditional approaches to risk can become unnecessarily burdensome, why preparedness should focus on the critical few things your business depends upon, and how a simple, repeatable 90-day process can make resilience manageable. Jeff also introduces the philosophy behind the new Business Continuity for Founders programs and explains why Mastering Risk will remain a free, evidence-based resource for entrepreneurs navigating an increasingly disruptive business environment. The objective is simple: understand your dependencies, control what you can, build strong entrepreneurial relationships, and make your business harder to disrupt. DISCLOSURE  Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results will vary, we are not responsible for your corporate or personal outcomes using our educational material. Copyright © 2026. Support the show https://preparednesslabs.ca/

  5. Sep 14

    Consumer Preference Is Now a Supply Chain Risk

    Send us Fan Mail A resilient supply chain must adapt not only to disruption, but also to changing customer expectations and perceptions. Consumer preference is becoming a supply-chain variable. Country of origin, public perception and the reputation of key suppliers can influence whether customers continue buying your product. Businesses should understand their exposure, monitor changing sentiment, protect the credibility of their claims and identify potential replacement suppliers before they are urgently needed. What happens when a perfectly reliable supplier suddenly becomes a problem, not because they stopped delivering, but because your customers changed how they view them? Consumer preference, country of origin and public perception are increasingly variables that businesses need to consider within their supply chains. This episode examines how changing customer sentiment can affect products, suppliers, reputation and ultimately revenue. You’ll learn why businesses should map where their inputs originate, understand the reputational exposure created by key suppliers, and avoid making country-of-origin claims that cannot be fully supported. The episode also examines using scheduled AI prompts as internal tools for monitoring changes in consumer sentiment, with human review before acting on the information. Most importantly, consider identifying a potential replacement for each of your three or four critical suppliers before a reputational problem forces an immediate decision. Resilience means preparing your supply chain to adapt as customer preferences change. ChatGPT AI was used to generate ideas & structure. The body was written by humans and edited by Apple Pages proofreading function; while any filming was completed and edited by humans.  DISCLOSURE  Information shared here is for educational purposes only.  Individuals and business owners should evaluate their own business strategies, and identify any potential risks. The information shared here is not a guarantee of success. Your results will vary, we are not responsible for your corporate or personal outcomes using our educational material. Copyright © 2026. Support the show https://preparednesslabs.ca/

About

Risk cannot be eliminated, disasters cannot be prevented and you cannot purchase your way to an insulated life. You can identify, codify, judge and mitigate risk in your professional and private life. Non-apocalytpic evidence-based risk and preparedness education, for individuals, families, solo-entrepreneurs, businesses and communities. Your host, Dr. D is a veteran, professor, author and entrepreneur.  No one is coming to help, so you and you alone are responsible for your outcomes. The choice is yours, choose wisely.