Latest / No Days Off with Brian Gubernick
187. The Roads of Business are Riddled With Potholes - Plan Accordingly
Should you be adding in a margin of safety in your planning that gives you a buffer in achieve your goals?
Brian recently reviewed Warren Buffet's Berkshire Hathaway shareholder letter from 1990. A big takeaway from this letter was that in business planning, it is important to implement a margin of safety or create a buffer. This allows you to be resilient to unknown circumstances that may arise on the path to achieving your goals.
In this episode, Brian shares how you can add a margin of safety to your plans and why you should challenge your assumptions around said plan or goal.
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