I recently decided to leave my well established railway infrastructure business to chase my start up dreams … People around me tell me I HAVE TO have a Plan B.
“All these ideas are risky and the chance of success is very small”
“What will you do after 2 years when you have burned all the money you have saved and the web apps are going nowhere?”
I tell myself that Sachin Tendulkar did not have a Plan B.. neither did Bill Gates or Mahatma Gandhi.. I doubt if he said “Kya pata Azadi ki ladai mein kuch na ho aur social service also doesnt catch on.. so lemme practice law on the side”
But maybe these are guys with extraordinary talents, and mere mortals like me are supposed to have a Plan B… so here is a question to all the fellow enterprizing people… is it critical to have a plan B.. and if it is, what should be the nature of that plan? Would it usually kill the Plan A in the world of web startups where most companies have to go through a near death experience?