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You are going to take a new initiative. You plan for that. You set your goals and you want to reach a level after a specific period of time. Do you have a backup plan?
You see something works now. So you make your plan based on that. The situation can change in the future. What will you do then? In case your plan does not work, there is nothing to worry about. It is because you have a backup plan.
You have an estimation. You think you will generate a certain amount of money after a certain period. Your plan is working but it is not as per your expectation. You are running out of funds. Now if you cannot continue running your business, that might be a failure. When you have a backup plan, you can keep running your business and do better later.
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Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about lifestyle, martial arts, finance, and digital marketing. I'm glad to meet amazing people all over the world.
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