If you know it’s there, there’s a reason to fail.
Don’t confuse having a Plan B with risk mitigation or contingency planning. The former is for losers, the latter are for winners.
Risk mitigation and contingency planning can help avoid potentially disastrous outcomes. Plan B encourages foolish behaviour and potentially disastrous outcomes.
Here’s what Seth Godin has to say (read: Linchpin):
“Developing Plan B
Well-meaning friends and advisers never hesitate to reach out to artists. They suggest we have a backup plan, something to fall back on if the art thing doesn’t work out so well.
You’ve probably guess what happens when you have a great backup plan: You end up settling for the backup. As soon as you say, “I’ll try my best,” instead of “I will,” you’ve opened the door for the lizard.
The resistance desperately seeks to sabotage your art. A well-defined backup plan is sabotage waiting to happen. Why push through the dip, why take the risk, why blow it all when there’s the comfortable alternative instead? The people who break through usually have nothing to lose, and they almost never have a backup plan.”