Manage risks so you can benefit from unpredictable events
from Antifragile: Things That Gain from Disorder by Nassim Nicholas Taleb
How to Apply This
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Minimize your risks.
Concentrate on the negative part of a situation first and reduce your exposure to the issue step by step. For example, if you have a depleting 9 to 5 job, think of an alternative source of income first. -
Begin taking smaller risks that allow you to succeed.
Concentrate on the positive next: begin taking smaller risks in highly unpredictable and volatile areas. For example, after establishing one or more alternative income sources, you can quit your 9 to 5 job!
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