#139-How To Diversify and Mitigate Your Risk as an Ecom Seller with Aleksejs Leal

Nov 3, 2021

47:01

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Episode notes

In this episode, we are joined by a 4th-timer guest and WOE podcast co-host, Aleksejs Leal, to talk about something important that is less talked about, diversification and mitigating risk. We’ve caught this topic from his previous guesting and thought to have him back to dive deeper into it.

How diversification helps your business grow? When is the right time to diversify? Why does it matter to mitigate risk? How to be successful in mitigating risk? These are only a few of the questions Aleksejs answered in this factual and enlightening episode. So, tune in and catch big nuggets of information and advice.

In This Episode:

[00:26] Bringing back Aleksejs on the show.

[03:07] Diversification according to Aleksejs

[06:40] Not putting your eggs in one basket.

[07:32] The right time to diversify and which platform should it be.

[14:20] Why does it matter to mitigate risk?

[23:50] How can I be successful in mitigating risk?

[24:50] What is worth the risk?

[26:30] Common mistakes people makes

[33:00] Always test the product.

Guest lInks and References:

INSTAGRAM: https://www.instagram.com/aleksejsleal/