In strategic planning they always tell you that you must always have a contingency plan. This means that you must create different probable scenarios of what could happen during the process of your original plan, and create a plan for each probable scenario.
Of course a plan is made because we need to reach a certain objective. Our objective in this case is to generate an income that would enable us live a kind of life that we aspire to live.
Since we do not have any money to start a business on our own and generate that kind of income we revert to the usual plan which is to find a job and then find our way up the organizational hierarchy of the corporate structure. Let us see what probable scenarios can come up here:
1)We are very successful and at the top of our game. We are moving up the corporate ladder and our income is nearing our goals and could very soon surpass it.
This is the most dangerous of all scenarios. It is very hard to cross our mind to take a moment and think what if something went wrong and all this success was taken away.
We all know that corporate life is never safe and anything can happen at any time. Even if we...