The Personal MBA

Master the Art of Business

A world-class business education in a single volume. Learn the universal principles behind every successful business, then use these ideas to make more money, get more done, and have more fun in your life and work.

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What Is 'Counterparty Risk'?

Counterparty Risk is the possibility that other people won't deliver what they have promised.

The more your system depends on other people, the higher the risk of failing.

If your system relies on the performance of other people, you need to prepare for the possibility that they won't reach your expectations.

Questions About 'Counterparty Risk'


"The man who makes everything that leads to happiness depend upon himself, and not upon other men, has adopted the very best plan for living happily."

Plato, ancient Greek philosopher


From Chapter 9:

Understanding Systems


https://personalmba.com/counterparty-risk/



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The Personal MBA

Master the Art of Business

A world-class business education in a single volume. Learn the universal principles behind every successful business, then use these ideas to make more money, get more done, and have more fun in your life and work.

Buy the book:


About Josh Kaufman

Josh Kaufman is an acclaimed business, learning, and skill acquisition expert. He is the author of two international bestsellers: The Personal MBA and The First 20 Hours. Josh's research and writing have helped millions of people worldwide learn the fundamentals of modern business.

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