This chapter seemed like an opposite to the idea: Stars and Stepping Stones. Instead of setting a goal and working your way backwards to create stepping stones, this chapter talks about a different method: ABZ planning. The whole idea is that the world is always changing, therefore you can not have a set plan with steps to take along the way. You should "be ready to change your business based on market feedback...start companies that are true to [your] values and vision, yet remain flexible enough to adapt." (pg51) The book goes on to explain that even though you may not have a step by step plan your choices should still be disciplines, with lots of planning - not just random.
The idea behind ABZ planning:
A = The plan for right now. The most you should plan is 2 steps ahead.
B= What you pivot to when you need to change what you are doing. Once you pivot to this plan, it become plan A and you set a new plan B. Changing doesn't always mean failure. A pivot is a decision you make based on what you've learned along the way. It can be something as simple as taking a new direction.
Z= Where to fall back. What to do if all else fails. This is not a permanent plan, just a safety net to use if needed when adjusting plan A!
When talking about plans the authors point out that it is actions that we learn from, not the plan itself. We have to act to discover where we want to go and how to get there.
My Favorite quote from this Chapter:
"They compare their cash salary to their peers' instead of comparing lessons learned. They invest in the stock market and neglect investing in themselves."
An interesting suggestion they give is to get the experience you need is to offer to do the job for free. I think this is hard advice for some, however, I think they are spot on. Invest your time now that will build a resume for the future!
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