Maybe you’re still trying to figure out your Plan A, but have you ever considered a Plan B or even a Plan C? A recent article in The New York Times points out the need for a plan beyond Plan B. According to a report by the Kauffman Foundation cited in the article, more Americans have started businesses since the beginning of the Great Recession than at any period in the last 15 years. Entrepreneurs, often as a result of being laid off, choose to follow their dreams of starting their own business, their “Plan B” — but it’s not always as easy as they thought. 
The article points out that many who make the transition are shocked by the long hours — owning a business isn’t a 9-to-5 job. High power executives who turn into bakers or Pilates instructors or pottery makers are not having as much free time to practice their craft as they had anticipated, given that they have to act as accountants, marketers, managers, etc. all by themselves.
For those who are entrepreneurially minded, this article makes a good point (for more information on entrepreneurship, see Thinking About Becoming an Entrepreneur?). No one said starting your own business is easy, but be prepared for it to be even harder than you thought it’d be. It’s always good to have a backup plan in mind, maybe even two like the New York Times says. Take Gary Vaynerchuck for example: in Career Advice From Gary Vaynerchuck, one of Gary’s primary pieces of advice is to be prepared to work hard.
Hard work aside, going after your dreams like the professionals in the article is an admirable plan, whether it’s your Plan A or Plan B. Even if it is more than you anticipated, you can be proud knowing you’re doing something you love on your very own. Plus, when you get the results you wanted, it will be all the better.
Do you have a Plan B? What about a Plan C? Tell us about them below!
