Antifragile Entrepreneur : Corona Diary April 12' 2020

Antifragile is the opposite of fragile. Fragile means to be very delicate and vulnerable. When Covid19 pandemic hot the world, it affected the economy in the entire world.

Economy is a building block of entrepreneurs who make their living and give others a life.

When business world is shook by such disasters, entrepreneurs try to become resilient. Resilience and agility are two skills that equip entrepreneurs to deal with uncertainties.

Some benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, stressors etc. and love to be adventurous, willing to take risk, and face uncertainty.

Antifragility is beyond resilience. The resilient resists shocks and stays the same; but the antifragile gets better with each painful situation they handle.

By understanding the mechanisms of antifragility entrepreneurs can build a systematic and broad guide to nonpredictive decision making under uncertainty in business as well as in life.

Business is affected by political, economic, socio-cultural, technological, legal and environmental factors. Covid19 is such an environmental factor and those who develop anti-fragility capability are likely to survive and sustain the business environment.

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