• Risk-Based Compliance Lessons from a Young Entrepreneur’s Ice Cream Stand

  • Nov 6 2024
  • Length: 21 mins
  • Podcast

Risk-Based Compliance Lessons from a Young Entrepreneur’s Ice Cream Stand

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  • Summary

  • The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. Are you looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this special election day episode of ‘Compliance into the Weeds,’ Tom Fox and Matt Kelly dive into a lighter yet insightful compliance story involving a young boy named Danny Doherty. At 12 years old, Danny set up a homemade ice cream stand in Massachusetts to raise money for a hockey team for children with developmental disabilities. However, the local health department shut its stand down due to risks associated with homemade dairy products, highlighting the importance of a risk-based approach in compliance activities. Tom and Matt discuss key compliance lessons from this incident, such as the necessity of addressing real risks, the potential for compliance failures despite good intentions, and the importance of effective communication by regulators. Key highlights: The Story of Danny Doherty Compliance Lessons from Danny’s Story Risk-Based Approach in Compliance The Importance of Communication in Compliance Resources: Radical Compliance Tom Instagram Facebook YouTube Twitter LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices
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