How can we be more antifragile?
Step 1: Create redundancies Instead of having a single salary, try to find a way to make money from your hobbies, at other jobs, or by starting your own business. If you have only one salary, you might be left with nothing should your employer run into trouble, leaving you in a position of fragility. On the other hand, if you have several options and you lose your primary job, it might just happen that you end up dedicating more time to your secondary job, and maybe even make more money at it. You would have beaten that stroke of bad luck and would be, in that case, antifragile.
One hundred percent of the seniors we interviewed in Ogimi had a primary and a secondary occupation. Most of them kept a vegetable garden as a secondary job, and sold their produce at the local market.
The same idea goes for friendships and personal interests. It’s just a matter, as the saying goes, of not putting all your eggs in one basket.
In the sphere of romantic relationships, there are those who focus all their energy on their partner and make him or her their whole world. Those people lose everything if the relationship doesn’t work out, whereas if they’ve cultivated strong friendships and a full life along the way, they’ll be in a better position to move on at the end of a relationship. They’ll be antifragile.
Right now you might be thinking, “I don’t need more than one salary, and I’m happy with the friends I’ve always had. Why should I add anything new?”
It might seem like a waste of time to add variation to our lives, because extraordinary things don’t ordinarily happen. We slip into a comfort zone. But the unexpected always happens, sooner or later.
Step 2: Bet conservatively in certain areas and take many small risks in others The world of fi nance turns out to be very useful in explaining this concept. If you have $10,000 saved up, you might put $9,000 of that into an index fund or fi xed-term deposit, and invest the remaining $1,000 in ten start-ups with huge growth potential—say, $100 in each.
One possible scenario is that three of the companies fail (you lose $300), the value of three other companies goes down (you lose another $100 or $200), the value of three goes up (you make $100 or $200), and the value of one of the start-ups increases twenty-fold (you make nearly $2,000, or maybe even more).
You still make money, even if three of the businesses go completely belly-up. You’ve benefited from the damage, just like the Hydra.
The key to becoming antifragile is taking on small risks that might lead to great reward, without exposing ourselves to dangers that might sink us, such as investing $10,000 in a fund of questionable reputation that we saw advertised in the newspaper.
Step 3: Get rid of the things that make you fragile We’re taking the negative route for this exercise. Ask yourself: What makes me fragile? Certain people, things, and habits generate losses for us and make us vulnerable. Who and what are they?
When we make our New Year’s resolutions, we tend to emphasize adding new challenges to our lives. It’s great to have this kind of objective, but setting “good riddance” goals can have an even bigger impact. For example:
Stop snacking between meals Eat sweets only once a week Gradually pay of f all debt Avoid spending time with toxic people Avoid spending time doing things we don’t enjoy, simply because we feel obligated to do them Spend no more than twenty minutes on Facebook per day To build resilience into our lives, we shouldn’t fear adversity, because each setback is an opportunity for growth. If we adopt an antifragile attitude, we’ll find a way to get stronger with every blow, refining our lifestyle and staying focused on our ikigai.
Taking a hit or two can be viewed as either a misfortune or an experience that we can apply to all areas of our lives, as we continually make corrections and set new and better goals. As Taleb writes in Antifragile, “We need randomness, mess, adventures, uncertainty, self-discovery, hear traumatic episodes, all these things that make life worth living.” We encourage those interested in the concept of antifragility to read Nassim Nicholas Taleb’s Antifragile.
Life is pure imperfection, as the philosophy of wabi-sabi teaches us, and the passage of time shows us that everything is fl eeting, but if you have a clear sense of your ikigai, each moment will hold so many possibilities that it will seem almost like an eternity.
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