Wednesday, April 25, 2012

Being Derailed in Your New Business


No plan survives contact with the enemy. ~ Field Marshal Helmuth Graf von Moltke

Whenever you create a business plan, you always have contingency options - different paths to the same ends should something not go as planned. You think you have the bases covered, you are all set for success in 3 or 4 different options ...


No one ever expects that they will be in an accident.

I was lucky to only have whiplash. Of course, now I have the lovely task of attempting to quantify my losses ... when I'm just starting out. Thank God for my business plan! Do NOT start a business without one. I can prove why I was not able to follow my business plan as expected. It's up to the lawyers to then fight it out.

Too often, thinking ourselves quite brilliant, we skip the step of making careful step-by-step, month-by-month projections. After all, it's likely to change, hopefully for the better. In my case, my projections were conservative. I kinda wish I had been more optimistic ...

  • Have you looked at your business plan lately?
  • Do you have a plan B, C, D and E just in case?
  • What if you are in an accident? Do you have a contingency plan for that scenario?

The nature of accidents is they never should have happened. They cause irreparable damage. You never know what could have been had they not happened at all. Guard yourself. Plan for the worst, expect the best and don't let unexpected obstacles derail you ... at least ... not for very long.

No comments: