Have a plan B. Not.

A question I often get when making business decisions is, what my plan B would be in case plan A will not work. This question might sound logical to most people. My simple answer to this question is, that I have no plan B - definitely not the answer most people expect. Why not prepare a backup plan you can pull out of your pocket if plan A goes wrong? That would be smart, wouldn't it? Nah, I don't think so.

Many people are afraid that their main plan might not work as expected and start investing in preparing a backup plan. They invest in an alternative without even knowing if their main plan will work. Why don't they invest that time in making plan A better? They prefer to invest time, money and resources in a backup B that they might never use, why? It would be much better to invest all of that in plan A and optimize the main plan. And if they don't believe in plan A, why did they even decide to go that way? Not so smart.

If I do something, I give 100%. That explains why I don't have a plan B: I believe in my initial plan and dedicate my full energy into this, in nothing else, so there is just no space for plan B. Also I am totally confident that my plan will work as expected and that I will be successful with it. If I have any doubts, then my main plan is probably not good enough and I need to go back to the drawing board to improve it before going forward.

This is my view as an entrepreneur and business owner and I fully agree that this approach might not work for everyone. If you are more a plan B-person that's perfectly fine too, it just not approach that I personally believe in. And it also does not mean that all of my main plans do work at the end. We all make mistakes and fail sometimes. But it's about getting back up, having a coffee and continue, right?

Cheers, Marcel