You're Not Prepared for This 😰😰 - Disaster Management * 100 - FutureIQ

5,000 views • Jun 07, 2024

Concepts in this episode

Browse all concepts ›
  1. Operational Resilience principle

    Operational resilience is the ability to keep essential functions going during the gap between a failure and its eventual repair. A problem can be temporary and still be disastrous if normal access or support remains unavailable for months.

  2. Blast Radius mental-model

    Failures propagate through shared dependencies and transaction links, reaching people who did nothing to cause the original problem. Risk therefore depends not only on your actions, but on what—and whom—you are connected to.

  3. Custody Risk mechanism

    Legal ownership does not guarantee immediate control. When a custodian controls access, the asset can be frozen or delayed; direct physical custody removes that gatekeeper but transfers security and theft risk to you.

  4. Liquidity Under Stress mental-model

    Emergency liquidity is not what a balance sheet labels liquid; it is value you can actually reach and spend when institutions and normal routines are unavailable.

  5. Single Point of Failure mechanism

    When one account, provider, identifier, or device controls several critical functions, its loss becomes a system-wide failure rather than an isolated inconvenience. Resilience begins by finding and separating these hidden dependencies.

  6. Platform Risk mechanism

    Dependence on a large digital platform creates asymmetric risk: it can revoke access suddenly, while you may have little practical recourse. Reduce the damage by keeping independent backups and recovery paths outside the platform.

  7. Offline Backup principle

    A backup is resilient only when it sits outside the access regime that can take the original away. Automated sync to independently controlled local storage converts a cloud failure or account lockout from total loss into a recovery job.

  8. Resilience comes from distributing critical resources across genuinely independent channels. A failure should remove one option, not every option at once.

Description

Have you prepared for the common natural calamities or disasters? If not, this is the right time you consider doing so. I brought some friends of mine to discuss how things can go wrong and what should we do about those. It's an interesting discussion with topics ranging from fire hazards, income tax raids, Google banning your accounts, and some natural disasters. Understand what things can go wrong and how to be prepared in any case. As one guest said, if the world is ending in seven days, learn how to live seven and a half days. Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter: @ngkabra http://twitter.com/ngkabra @shrikant https://twitter.com/shrikant Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS Watch other episodes of The FutureIQ podcast: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v More videos for you: How not to get hacked: https://youtu.be/qv8A-4YU-iQ Chapters: 00:00 Introduction 01:28 Government freezes your accounts 06:35 Physical vs digital Gold 08:00 Things you can do 09:10 Google blocks your account 11:50 How to deal with it? 14:55 2FA and existing Gmail account 19:00 Job lost and hospitalization 20:16 Savings & emergency funds 24:00 Income tax scrutiny 29:53 Power grid attack 33:13 More scenarios #futureiq #calamity #disastermanagement

Transcript

Subscriber transcript

Subscribe to @TheFutureIQ, then sign in with Google to unlock full transcripts and transcript search.