"Risk Management is like the brakes on a bike; they help you ride faster," says Mark Matthews from Zodia Markets in our recent mentor session as he delves into risk management for startups.
#Mark, Chief Risk Officer at Zodia Markets, presents the latest and closing session for cohort 3 of the Web3 Acceleration Program on "Navigating Risk Management." Mark shares essential strategies, tools, and insights to help founders and teams effectively prepare for and manage risks in their ventures.
Session Highlights:
👉 Anticipating Risks: Learn how to foresee and plan for potential risks at various stages of your startup, preparing for challenges before they arise with the right tools and focus.
👉 Identifying Risk Sources: Discover key areas where risks might surface, such as the business environment, past incidents, and team dynamics. Engage multiple perspectives and play devil’s advocate to uncover hidden risks.
👉 Prioritizing Attention: Understand how to assess what requires the most attention and resources, effectively identifying and prioritizing high-impact risks.
👉 Strategic Mitigation: Gain insights into strategically mitigating risks after thorough planning, ensuring you're equipped to handle them effectively.
👉 Tracking and Adapting: Develop KPIs and metrics to measure your risk management efforts, allowing you to adapt and stay flexible if previously identified risks change in severity.
Mark offers practical advice and a realistic look at preparing for risk management. Don’t miss this chance to learn from Mark Matthews and refine your risk management strategies for your startup.
This Web3 Accelerator Program is our contribution to the Crypto Ecosystem. We aim to provide startups with practical insights from experienced mentors, highlighting the importance of creating value and engaging with investors effectively, in collaboration with DMCC Crypto Centre and Blockchain partner Elysium Chain.
Meet the stellar startups in this cohort:
Soulverse || BTC Layer || Bitwala || DePerp || Openramp || Uniramp || paydece || Infty.trade || Reflection Trading || Maniac Panda Games || Empire of Sight || MusicMoon || Admeal || Decentraclasses || BrowsBit || Hedge3
#TDeFiAccelerationProgramCohort3 #web3 #riskmanagement