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. APR 22

    Most Founders Ignore These 6 Risks… And Pay for It Later

    Send us Fan Mail Most small business owners are moving fast—chasing revenue, managing teams, solving problems. But while you’re focused on growth, serious risks are quietly building inside your business and most founders never see them coming. In this episode, we break down six hidden risks that can disrupt operations, damage revenue, or even shut your business down entirely often without warning. These aren’t obvious threats like market downturns or competition. These are the internal vulnerabilities that develop when your business is running at full speed. From key person dependency where your entire operation relies on one individual to informal processes that only exist in someone’s head, these risks are far more common than most leaders realize. We also dive into vendor concentration, where relying on a single supplier creates a fragile supply chain, and legal blind spots in contracts that leave your business exposed when things go wrong. And perhaps most overlooked of all cyber complacency. Many small businesses believe they’re “too small to target,” when in reality, that’s exactly what makes them vulnerable. Finally, we explore revenue concentration risk, where losing just one or two key clients could threaten your entire operation. Individually, these risks may seem manageable. But together? They can compound into something far more dangerous. The good news: most of these risks are preventable—with awareness, structure, and a small amount of consistent effort. 👉 Take 30 minutes this month to evaluate your business. 👉 Identify your blind spots. 👉 Strengthen what you’ve built. Because the biggest threats to your business… are often the ones you don’t see. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    22 min
  2. APR 15

    If Your Business Went Dark Tomorrow, Would You Survive the First 72 Hours?

    Send us Fan Mail What would really happen if your business stopped running for three full days? Not slowed down. Not partially disrupted. Stopped. In this episode, we break down the brutal reality of what unfolds inside a small or mid-sized business when operations come to a sudden halt, the confusion, the revenue drain, the reputational damage, and the tough leadership decisions that follow.  Most entrepreneurs believe they’d “figure it out.” The truth is far more complicated. We walk through the first 72 hours of a real disruption, what employees experience, how customers react, and why reputational damage accelerates faster than you think. You’ll see how lost sales, frustrated clients, and shaken trust can turn a short outage into a long-term crisis. But this episode doesn’t stop at the problem. You’ll learn practical, real-world steps to build resilience, protect revenue, and prepare your team to respond instead of react. From understanding your operational risks to building a realistic contingency strategy, we explain how to strengthen your business against the inevitable disruption. This isn’t theory. This is what actually happens when things break, and what you can do about it. If you run or support a small or mid-sized business, this episode is a must-watch. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    27 min
  3. APR 8

    The Silent Killers of Your Business: Cyber, Supply Chain & False Confidence

    Send us Fan Mail Most business owners don’t lose their companies in a dramatic collapse. They lose them quietly… over 72 hours, while telling themselves they still have time. In this episode of Mastering Risk, we break down the uncomfortable truth that disruptions don’t destroy businesses, delayed action does. Whether it’s a cyberattack, supply chain failure, or the loss of a key employee, the real threat isn’t the event itself, it’s your inability to keep operating when it hits. Here’s the reality: 40% of businesses never reopen after a major disruption Of those that do, 50% are gone within a year And 91% experience disruptions every single quarter So the question isn’t if your business will be tested. It’s when and how fast you’ll collapse when it happens. In this episode, you’ll discover: Why “we’re too small” is the most dangerous belief in business The hidden risk of relying on a single supplier or system How cyber threats really take businesses down (it’s not what you think) The overlooked danger of key-person dependency A simple way to think about operational resilience that actually works Most importantly, you’ll be forced to answer one critical question: 👉 If disruption hits your business tomorrow morning at 9:00 AM… what fails first? Because if you don’t know the answer, your business is already at risk. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    29 min
  4. MAR 25

    One Outage. One Hack. One Mistake… That’s All It Takes to Lose Your Business

    Send us Fan Mail Most small business owners believe disruption is something that happens to other people. It’s not. According to real-world data, 91% of small businesses experience some form of disruption every quarter, from minor outages to full-scale cyber attacks. In this episode of Mastering Risk, we break down real incidents from the past week, including telecom outages, ransomware events, and system failures, and extract the lessons most business owners miss. This isn’t theory. This is what’s happening right now. You’ll discover: Why your business is more vulnerable than you think The hidden single points of failure inside most SMB operations How a 20-minute outage can expose a catastrophic weakness Why automation and AI, without oversight, can create reputational risk overnight Simple, practical ways to reduce impact when (not if) disruption happens Here’s the reality: You cannot prevent disruption. But you can reduce the probability. And you can dramatically reduce the damage. The businesses that survive and grow are not the ones that avoid risk. They’re the ones that prepare for it better than their competitors. If you’re a founder, operator, or leader responsible for people, revenue, and continuity… this episode will change how you think about your business. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    34 min
  5. MAR 18

    If Your Business Burned Down Tonight, Could You Reopen Tomorrow? (Build a Continuity Plan in 60 Min)

    Send us Fan Mail What would happen if your business suddenly stopped operating tonight? A fire. A cyberattack. A supplier collapse. A platform outage. Could you reopen tomorrow, or would everything grind to a halt? In this episode of Mastering Risk, Dr. D breaks down a practical, no-nonsense framework that helps small and medium business owners create a simple business continuity plan in just 60 minutes. Most continuity planning is designed for large enterprises. Consultants can charge $8,000–$12,000 and take months to build a formal program. But 95% of businesses don’t have the budget, the time, or the dedicated teams required for that approach. This episode shows entrepreneurs a smarter alternative. You’ll learn how to quickly identify your five critical business functions, map the people, software, suppliers, facilities, and data that support them, and design simple redundancies so your business can keep operating even when disruption strikes. Instead of thick binders and theoretical frameworks, this episode focuses on practical resilience for real business owners. Because disruption isn’t a hypothetical risk. Every quarter, the vast majority of businesses experience some form of operational disruption: cyber incidents, supplier failures, infrastructure outages, or unexpected staff loss. The difference between companies that survive and those that fail is preparation. Inside this episode you'll learn: • The 5×5 dependency map that reveals your operational vulnerabilities • How to identify single points of failure in your business • Simple redundancy strategies for suppliers, platforms, and data • Why monthly rehearsals are the secret to real resilience • How to protect revenue and customer trust during disruptions Risk can never be eliminated. But with the right preparation, your business can recover faster than the disruption itself. Subscribe for more episodes on risk, resilience, and preparedness for entrepreneurs. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    30 min
  6. MAR 11

    Gulf War Chaos Is Here: 3 Downstream Risks That Could Cripple Your SMB (And How to Fight Back Now)

    Send us Fan Mail The Gulf conflict is escalating fast, Strait of Hormuz disruptions, Houthi threats in the Red Sea, skyrocketing oil and shipping costs, and warnings of Iranian cyber retaliation against critical infrastructure.  For small and medium business owners, the real danger isn't the headlines... it's the downstream shocks already rippling through supply chains, prices, and operations. In this episode of Mastering Risk, I break down the three major downstream risks hitting SMBs right now in the short to medium term (0–6 months): Double Price Shocks, immediate spikes from logistics/oil chaos, followed by scarcity-driven increases as suppliers scramble. Landed costs are surging, don't get caught flat-footed. Rising Cyber Warfare Threat — Playbooks from past conflicts are live. Expect more attacks on critical infrastructure (power, water, transport, comms) that your business depends on. One outage can cascade into disaster, map your vulnerabilities before it's too late. The Shift to Friend-Shoring & Near-Shoring, Globalization's "free oceans" era is over. Political risk now trumps cheapest-per-unit. Diversify suppliers geographically and politically for resilience, not just cost. I share battle-tested strategies: Build supplier redundancy (dual sources in different regions), smart safety stock (yes, even using self-storage), multi-internet backups, and full business mapping to spot cascading failures. You can't control global events, but you can control your preparedness. Risk can't be zeroed out, but it can be mitigated so shocks don't become fatal. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    22 min
  7. MAR 3

    Global Conflict: Protect Your Small Business: 8 Evidence-Based Risk Controls for SMB

    Send us Fan Mail In the wake of escalating conflict in the Gulf, with the Strait of Hormuz effectively disrupted, tankers damaged or stranded, insurance war-risk coverage cancelled, and Brent crude surging by $7+ in a single day; small and medium businesses are facing real, immediate threats to their supply chains, costs, and operations. As a professor in disaster and emergency management with decades of research on small business risk preparedness, I break down 8 powerful, evidence-based risk controls you can implement right now to de-risk your business against global disruptions you can't control. From diversifying suppliers with true geographic spread and building smart safety stock buffers (balancing lean and agile logistics) to other proven strategies that mitigate cyber, operational, strategic, and reputational risks,  these controls help you navigate chaos, protect your employees and their families, maintain operations, and even gain a competitive edge. Whether you run an Etsy shop, Shopify store, dry cleaner, auto repair business, or local restaurant chain, these practical steps are grounded in real-world evidence, not opinions or hype. Key takeaways include: Why single-region suppliers can halt your entire operation overnight How safety stock thinking applies to civilian businesses Building redundancy without breaking the bank If global events like this Gulf crisis (echoing past Red Sea and shipping shocks) are keeping you up at night, this episode gives you actionable tools to build resilience today. https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    37 min
  8. FEB 24

    Survive the Chaos: A Chief Risk Officer is the Fractional Solution Every SMB Needs in 2026

    Send us Fan Mail In a world of constant political upheaval, economic shocks, supply chain chaos, and unexpected disruptions, 91% of small businesses face a major hit every single quarter (Small Business Administration data).  It's not if you'll get punched, it's when. The real question: Will you just survive, or will you seize the massive opportunities that open up in the chaos? Welcome to this eye-opening episode of the Preparedness Labs show with Dr. Jeff Donaldson, army veteran, disaster & emergency management professor, and founder/CEO of Preparedness Labs Incorporated. Discover the game-changing power of a Fractional Chief Risk Officer (FRCO), expert-level risk, resilience, and business continuity guidance at a fraction of the cost of a full-time CRO or high-priced consultant.  Designed specifically for small and medium businesses (especially those under $1M in revenue, representing 95% of U.S. companies), this approach wraps your operation in a protective "blanket of insulation" against threats you can't control, while positioning you to leap ahead when competitors falter. Dr. D breaks down: -Why certainty is an illusion in today's volatile world -The overlapping worlds of business continuity, enterprise risk management, supply chain resilience, crisis management & more Your 3 real choices during disruption: Hold fast, retreat to safe harbor, or confidently expand market share How Preparedness Labs makes elite risk strategies affordable and actionable for everyday entrepreneurs Whether you're running a family-owned shop, a six-figure startup, or a five-figure side hustle, learn how to mitigate downside risks, amplify upside opportunities, and navigate uncertainty like a pro, without draining your budget. Ready to stop reacting and start leading through chaos? Watch now and take the first step toward unbreakable business resilience.  Subscribe for weekly insights on risk, preparedness, and thriving in uncertain times.  https://preparednesslabs.ca 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 may vary. Copyright © 2026. Support the show https://preparednesslabs.ca/

    30 min

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.

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