Undefeated: The Game is the Easy Part with Coach Bill Courtney (WiM377)
The "What is Money?" Show
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The Importance of Financial Literacy and Managing Risk
In this chapter, they discuss the importance of financial literacy and how it impacts the population. The speaker shares their personal experience of starting a business and the risks involved, including the conversation they had with their spouse about the possibility of failure. They also talk about the fear of failure and the need to overcome it, as well as the advice they received from Spence Wilson, the founder of Holiday Inn. The chapter concludes with a discussion on managing risk, prioritizing opportunities, and taking care of the people involved in the business.
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