Plan for the Worst, Hope for the Best

Plan for the Worst, Hope for the Best

Social Studies | Posted by YouInc.com - March 25, 2014 at 1:00 am
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Most entrepreneurs that I have met have the innate gift of being able to “hope for the best,” to suspend disbelief and to trust in their personal ability to build successes out of their ideas. Their belief in their ability to turn perceived limitations into enabled possibilities is a key trait that fuels entrepreneurs to travel where others fear to tread, to take on new challenges and to build startups that most others overlook or dismiss outright.

However, startups are just that — the beginning.

I’ve also found that those that are able to turn startups into business successes have the ability to “plan for the worst.” There are no guarantees, especially in the entrepreneurial journey, and having the ability to anticipate problems, the flexibility to incorporate new findings at every step, and the willingness to constantly adapt and grow are key to ultimately polishing an idea into real business success.

My personal motto: Plan for the Worst, and Hope for the Best.

Tags: adapting, flexibility, grow, hope, limitations, yung wu, media

Yung Wu
Yung is the executive chairman of Fuse Powered, Inc., an industry-leading mobile analytics company. He is a serial entrepreneur, technology innovator and venture capital CEO. Yung has created and led his companies to significant year-over-year growth, with a portfolio of businesses ranging across enterprise software, technology and oil & gas exploration.
Comments
Faith Chipman
March 28, 2014 at 10:43 pm
Short but sweet.
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