What type of person are you? Are you the type of person who hopes for the best or always preparing for the worst? Frankly speaking, I don’t really hope for the best. I will only do my best and preparing for the worst. Nobody can predict the future. Anything can happen even if you have done your best and prepared everything that you can think of. Thus I try not to worry too much but focus on the things that I can do.
I like to consider the worst case scenario because it helps me to decide. If I am able to accept the worst that can happen, I probably might take on the challenge even if the success rate is not high. If the worst case scenario is unbearable, I will only do it if I am fully confident to success. Even so success is never 100% guarantee no matter how well you prepare. Thus you must have plan A, plan B and plan C. Just in case things do not work out as plan, at least you still have alternative plans to go for. Always make sure that you have multiple options to choose if your main plan fails.
This applies not just on business but on any decision that you make in life. Sometimes we just don’t know whether it is the right decision or not. Thus it is better to be prepared just in case we make a terrible mistake.