Survival rules

Survival lessons Mountaineering translated to a Souring environment:

Mountaineering

Sourcing

1 = Always have the last word on your safety!
Its wiser to fail than to die. The more inexperience the climber the more often they (try to) summit on their first attempt.

1 = Risk management
Having a successful business is not only about taking but also about managing risks. Do not be afraid to fail. Have your contingency plan ready.

2 = Respect the weather!
Check weather forecast and make sure you understand them and take them seriously. Do not get false security in large numbers of climbers. Remind weather can change unexpectedly / at once despite forecast.

2 = Understand the market!
The (financial) market can be as unpredictable as the weather. Base your judgment on facts but also rely on your instinct and act accordingly.

 

3 = Use the ropes!
Clip in everywhere do not hurry, check ropes before clipping in. Do not climb with too many people on one rope.

3 = Use your suppliers
To get the best deals and improve your competitive edge. 
If a deal feels to good to be true this often is also the case. So make sure you know the market and check + verify things on forehand.

4 = Drink Plenty!
Avoid high altitude problems.

4 = Communicate often en clearly.
Avoid misunderstandings + unnecessary problems.

5 = Know yourself!
High altitude impacts the way you act / react.
We all react differently in dangerous situations. How will you react? Understanding the situation which might occur and knowing how you react upon them is essential for survival.

5 = Know yourself and know your team.
Every person reacts differently under pressure.
Know your weaknesses and strengths of yourself and your team and know how to manage it is key for growth.

6 = Know you gear, oxygen and alpine medicine!
Preparation is the seed to success.

6 = Know your resources (people, systems, tools, network) + utilize them when needed. Think and plan ahead. Be prepared!

7 = Watch out for avalanches!
There is not much you can do about it be cautious, prepared and deal with it when needed (know your escape route).

7 = Shit happens (=Murphy’s law)!
If this happens be pragmatic and deal with it.

Source: MountEverest.net                                          Source: BaseCamp Solutions B.V.