PLAN B - SOFIYAT K. BELLO
What do I mean by plan b?
What is plan b?
What are the important of plan b in life?
Here are answers to the questions above,
an action or set of actions for doing or achieving something that can be used if the preferred method fails,
A politically charged, but historically documented term, the idea of having a 'plan B' or a back-up plan is oftentimes viewed as being prepared for the worst-case scenario. But in the world of business, where entrepreneurs deal with daily struggles and risk it all just to succeed, having a plan B might also be considered a weakness or seen as a lack of commitment to a current plan.
It’s important to think about crafting your plan B in a strategic, intentional, and sometimes in multiple ways.
Just as great, not second-rate
Having a contingency plan is nothing new to entrepreneurs, especially those willing to take great risks for the chance at even greater gains. Dating back to the Civil War, the art of crafting a 'plan B' required developing a contingency plan in case the ideal plan of attack did not work out. Like soldiers going into war, entrepreneurs have the opportunity to plan in advance, taking into account alternative business models and routes to success, by embracing the uncontrollable measures standing in the way of them achieving their dreams.
The first, and arguably most important aspect of crafting a plan B, specifically for entrepreneurs, is this: A back-up plan should be just as thought out and just as great as your plan A. Even though you hope that you will never have to resort to your back-up plan, this does not change its importance, since you might actually have to rely on it in the future. Remember, if you’re forward-thinking enough to make a
plan B, it should be just as great as your plan A.
Sometimes, plan Bs are influenced by social, financial, and even emotional stresses. Your plan B must be intentional so that you can rest assured and proceed in achieving your plan A. If you know that you have a plan to fall back on, it will be easier to take risks and make hard decisions in your current endeavor.
The contingency plan alphabet
Just as plan Bs can become a reality for entrepreneurs, it is necessary to have more than one idea and plan to fall back on. Having multiple plans in your back pocket is advantageous for many reasons. One key reason is that having multiple potential plans expands your imagination of the future and can even help you cope with the idea that your dream plan might not work out.
At a given moment, you should be able to list your Plans B, C, and even Z, just as easily as you recite your business motto and revenue stream. Having a contingency plan alphabet to rely on is not a weakness; it demonstrates your ability to critically think about the future and envision the various ways that you will exist and succeed within it. While your plan A is your current primary goal for a reason, having a firm grasp on additional plans, ways to support yourself and even additional business ideas can also translate investors or future business partners as being versatile and as taking initiative.
Having a plan B doesn’t mean you’re willing to give up; it means you’re smart, strategic, and relentless, all of which are qualities of a great entrepreneur. Expect to have a plan B, and expect others to have them as well. What’s your plan B?
I generally have a Plan B, and when I shift to Plan B, I’m coming up with a Plan C.
Why do you have to tell people you have a Plan B? If you’re doing that, you’re likely sharing all sort of things about your life that are totally unnecessary. Why? I’m an adult male, been that way for several decades and figured out by my teens I didn’t need to share everything I did, every thought on my mind.
If you’re dealing with fools who think having a Plan B is foolish, kick them to the curbs, they are FOOLS who are holding you back. People who don’t think a head get ‘surprised’ by what should be obvious and when you can shift gears, they are going into crisis and they can drag you down or back. Find people compatible.
So my advice to you all is to always have a plan B,
After you graduated in school and you couldn't find a job,
Do you know what you will do to get income,
So always have a plan B, apart from your education what else can you do, if the worst happen what your next plan,
Always plan ahead.
Written
✍🏻
✍🏻
By
Bello.k.sofiat
Post a Comment