Overcoming Risk and Uncertainty

Podcast > Overcoming Risk and Uncertainty

Ep. 10 Entrepreneurship

Overcoming Risk and Uncertainty

April 8, 2024 27 min

Alex Romero talks about managing risk in a volatile market, the mindset shift entrepreneurs need to make, and why umbrella and liability coverage is non-negotiable.

About the Guest

A

Alex Romero

Founder, Romero Capital

@ alexromero
Episode Transcript Show / Hide

Alex Romero: The biggest mistake entrepreneurs make is confusing risk-taking with recklessness. Taking calculated risks is essential — but that means understanding your downside and protecting against catastrophic loss.

Host: What does that look like in practice?

Alex: For me it started with umbrella liability. Once I realized my personal assets were exposed through my business, I acted immediately. Now I see insurance as a multiplier of my risk-taking capacity, not a cost.