Question your defaults while mitigating your risks
- Question some of the things you’ve assumed to be normal in your life
For example, question why you use a particular productivity app instead of another. Ask yourself whether there is a better alternative you may have been ignoring.
- Keep your day job even as you pursue a risky business idea
If you have a great business idea, start developing it slowly as you maintain your regular 9-5 job. When your business is making more money than your salary, then you can consider quitting.
- When you take a huge risk in one domain, become conventional in another
If you make a risky investment in a particular stock in the stock market, balance it out by also investing in a more conservative stock. You can also make investments in other more stable areas. This will protect your wealth from being wiped out in case the risky investment doesn’t pay off.
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