Pattern Breakers

Breakthrough Lessons: Crisis Reveals Greatness

Mar 27, 2023
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ADVICE

Scenario Planning for Crises

  • Use scenario planning to navigate crises and uncertainty.
  • Identify uncontrollable future outcomes and controllable options.
ANECDOTE

Michael Gao's Scenario Planning

  • Michael Gao (Smarter DX CEO) used scenario planning during the SVB crisis.
  • He mapped potential outcomes and strategies instead of panicking.
ADVICE

Financial Agility

  • Maintain financial agility by keeping your money in at least three uncorrelated banks.
  • Aim for three months of runway in each account.
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