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Taking risks or planning (3). Рисковать или планировать?

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Every day, new businesses are created. Some of these businesses will succeed, but many will fall by the wayside. Some ventures may be on shaky ground at the start, but with perseverance and careful planning, they will prevail in the end. Hopefully a careful plan will not lead to a surprise but rather an expected result and success.

There is a tide in the affairs of men

Which, taken at the flood, leads on the fortune

Omitted, all the voyage of their life

Is bound in shadows and in miseries.

By Shakespeare

Admittedly, chance can sometimes help a man to succeed. But on the other hand, not everyone will have such luck. How can a businessman who succeeds by taking risks sustain his dealing with his business when he is suddenly out of luck? Most likely, their company will be out of business if they have not made an all-rounded plan.

Nevertheless, chance favors a prepared mind. The opportunity is equal to all the people. The key to success is not waiting for a chance, but seizing it. Obviously, careful planning will guide a man definitely, from which, he cannot only find a destination and prevent him from aimlessness, but also assist him to grip the chances on his way to success. For instance, an entrepreneur should understand the power of a cautious plan which may help him define his business concepts, estimate costs, predict sales, control risks, and even increase the chances of succeeding. The plan may tell him what he should do and how to do it. Going into business without a plan is just like having an expedition in the extensive ocean without a compass.

In the second place, a comprehensive plan is also a reliable backup. Although the original plan is followed, suffering may come for some unpredictable occasions. In that way, a well-considered plan that mentions all the possibilities can be very helpful.

From what has been discussed above, chances and taking risks may be unavoidable, but success results primarily from careful planning. A comprehensive schedule, similar to a guide in explorations, is a necessity for achievement.

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