5 ways to build your tolerance for risk
Masters of Scale
00:00
Navigating Risk in Pharma and Entrepreneurship
This chapter explores the challenges of risk aversion in the pharmaceutical industry and its critical role in drug development, using the case of a company's pivot during a pandemic. It emphasizes the importance of a risk-positive culture, collective risk tolerance, and maintaining personal principles in decision-making, while sharing inspiring stories of entrepreneurs supporting marginalized communities. By highlighting novel approaches to fostering confidence and resilience among Black women entrepreneurs, the chapter illustrates how calculated risks can lead to meaningful impacts in both business and society.
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