Category Archives: Risk Management

Startups and Antifragility

Nassim Taleb is the author of three highly influential books and quite a character. I’ve heard him be variously described as a former options trader, a psychologist, philosopher and flaneur, whatever the hell one of those is (I’m even writing this post in his style now). His thinking on antifragility has two important connotations for entrepreneurs and startups, at the macro and micro level.

Drawing strong similarities with nature throughout the book, Taleb explains antifragility thus:

“Some things benefit from shocks, they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk and uncertainty. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile. Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better”.

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My name is Richard Hughes-Jones. I am a Coach, Consultant & Lecturer who works with entrepreneurs. My clients are CEOs and leadership teams of startup and scale up businesses. I am an Associate Lecturer at the London College of Fashion and retained Consultant to the Centre for Fashion Enterprise.

I previously gained over a decade's experience as a Deloitte management consultant and HM Treasury civil servant. My full profile is on LinkedIn and you can also find me on Twitter. If you'd like to receive my book reviews you can sign up below.