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Shellye Archambeau

You might have a great idea for a startup. You may be passionate, driven, and ready to go. But how ready are you to manage your risks?

Many startups fail because of ineffective risk management. So how do you avoid a similar fate? It all depends on how well you understand and manage your risks.

As the CEO of a company that helps organizations across the world build stronger and more integrated risk management processes, I’ve seen many startups misunderstand and underestimate their risks. Here are a few of the most critical ones:

To read the original article: The Top 5 Risks Confronting Startups | Xconomy