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Backup Plan Holding You Back?
🕑 Added 2025-09-23 13:30:04 +0000 UTCSteven discusses how having a plan B can set you up for failure, as well as other topics.
Steven Rinella answers questions from our member Dylan Stockman
Interview Outline attached below.
Comments
Kevin O’Malley
Yep. I’m crushing it at my day job but I’m not creating anything that has enterprise value that I can eventually sell. The guys I’m working for on the other hand will probably cash out and walk with $20 million each here in a year or two. So I may eventually step away from a very comfortable living to gamble on a product I’m starting with my daughters. With that product, I can see a path to a very big exit.
Dylan Stockman
I agree completely. By having a Plan B you give yourself a mental stopping point for your effort. Like saying you're going to dig a hole all the way to China...most people quit once they dig a post hole.
Kevin O’Malley
Great point. Comfortable levels of income from any plan B situation tend to douse the fire to pursue a grander destiny.
