If You Don't Have a Plan B, You Don't Have a Plan - NBC 10 Philadelphia

If You Don't Have a Plan B, You Don't Have a Plan



    If You Don't Have a Plan B, You Don't Have a Plan
    Getty Images

    You might have heard about the Chinese proverb that says, “When planning for a year, plant corn. When planning for a decade, plant trees. When planning for life, train and educate people.”

    And part of that training should be developing a backup plan.

    You may have made the best-laid plans, but what if something unexpected happens? I can’t emphasize enough how important backup plans are. You should always have a plan B and possibly a plan C and a plan D. The bigger the deal or event, the more detailed your backup plan should be.

    As I was building my envelope manufacturing company, whenever we had a big event I would always ask everyone on my team, “What can go wrong?” And just as important, “What is our backup plan?”

    Planning is time consuming, and let’s face it, many people don’t like to do it. But when you think about it, in business you don’t put all your eggs in one basket. That would be regarded as rash or unprofessional. That’s why you need a plan and, equally important, a backup plan.

    I’m a big believer in being prepared. How many special events, meetings, weddings or businesses have been ruined because people didn’t have backup plans? We live in an imperfect world. If we don’t plan for something to go wrong, something inevitably will. Read more about this story on PBJ.com.

    For more breaking business news go to PBJ.com