Everyone should have a backup plan. As an entrepreneur, I have two businesses and I’m working on a third. Why? Because I have never been one to put all my eggs in one basket.
Last week, we talked about how tragedy will come at some point, so this tells us that we need to have a plan in place for when it happens. I’m not being pessimistic, but I am being realistic. If we know something is going to happen, shouldn’t we prepare for it?
This being said, here are the three things that every backup plan should consider: