In life, we are often encountered by many problems that stop us from doing what we want to do. Most of these things however are only happening in our mind. If you’re ever scared or doubtful to do something, ask yourself, “What’s the worst thing that can happen?”
Don’t take it so literally though. I don’t mean repeatedly going visualizing the worst possible scenario of getting punched in the face and then going out and picking a fight with a stranger. That’s not too smart. What I do mean by this is for you to be able to break a limitation that is stopping you from doing something that you have been wanting to do.
There have studies done showing that the mind cannot differentiate between what’s going on inside to the real thing happening on the outside. We are often afraid to ask the question of what is the worst thing that can happen because we don’t want to even begin facing unwanted emotions. But if you can go through a visualized worst possible scenario in your head over and over again, eventually you’ll be able to go through it in real life.
For example, maybe you (and this happens a lot nowadays) are working somewhere you don’t really enjoy and would rather work someplace else. Although your current job of working under somebody else is paying for all your bills, the job is very restrictive. What you really want to do is start a small business with a group of people – you’re the boss, you have an assistant, and you have two to three people working under you guys.
The problem is this requires a lot of time and a lot of capital. You might even need investors to invest in you before making it work and there’s a chance you might also have to sacrifice the job that is supplying you with income.
The truth is a lot of people go through these kinds of dilemma or at least something similar. Most people, when encountered by possible dilemmas will continue to do the job that they have because they don’t have enough faith or confidence in themselves to pursue a dream. They’re afraid of something horrible that might happen.
That’s when this question comes into play: asking what is the worst possible scenario of starting a small business with a team of four to five people from scratch?
The worst possible scenario I can think of is not earning enough income to pay the employees and continue the company. This would make the employees mad and eventually quitting the company, causing the business to go bankrupt, and resulting in more debt than before the business even started.
Now that the worst possible scenario is out there, you know what to expect. The best way to deal with it is simply good preparation. A good laid out business plan would be able to overcome any worst possible scenario or scenarios if it is well planned out.
A good business plan would cover everything, as accurately as possible, including all expenses of how much the business needs, how the employers are getting paid, all taxes including federal, state, county, and sales, and of course, insurance. It would cover monthly projections for the next two years and quarter projections for the three years after that.
It would be strong enough to overcome any every external and internal hurdle or obstacle from lack of capital, competition, changes in the marketplace and economy to fear, doubt, lack of confidence, lack of experience and knowledge, and so on. Finally, it would mean that for every month that goes by, you as the boss, would make sure that you have hit the monthly income projection. This knowledge would ensure you that if you continue at the same pace, eventually you would be able to hit the intended goal.
The point is whether we are dealing with business, social relationships, or anything that involves high risk, identifying what the worst possible scenario is before hand will help us be able to break through any limitation that’s stopping us from starting. Once we get that done, good preparation, whether it’s written or mentally rehearsed over and over again until we feel like it can be achieved on a gut level, then it’s time to go for it.
Everything that we are scared of in life that’s stopping us from achieving it is most likely from a fear of something horrible happening. A dream then only becomes a glimpse of imagination in our daily thoughts. Even in encountering something horrible or encountering a “worst possible scenario” that you imagined before hand, there is always something that we can learn from it.
As stated in one of the most sacred texts of India – The Bhagavad Gita:
Even in the knocks of life we can find great gifts.
This means that even if you happened to encounter a worst possible scenario, you can still find something special in it. By knowing what you’re dealing with and knowing that something good can come out of it no matter what it happens to be, there should be nothing out there challenging enough that we cannot eventually overcome.
photo credit: dospaz

{ 20 comments… read them below or add one }
Hi,
Very interesting article.. specially for me at this time, as its only been couple of months I have quit my job to do something that inspires me the most…
I had faced the exact dilemma at that time.. Even planning out the business to the core can not give you enough confidence, because evrything is on paper.. Reality may, may not be the same. What really helped me out was when I decided my worse.. When is it my time to quit(I hope it never comes)… And when I layed out proper plan as to how I can get out of that situation without being drastically hit. And definitely one has to be really in touch with your own gut feeling.
Hi Anshu, I commend you for doing something that inspires you. Thanks for stopping by and I hope everything works out for you.
Hulbert, This is such a great post. I commented on a post you did a while ago that this was a technique I used to help calm me so that I could get to sleep. Answering the question “what’s the worst thing can happen” often makes me realize that it’s not so bad. Or like you say, it shows me what I need to do to prepare or prevent it from happening.
I hope that you have a great Sunday!
Natalia
Hi Natalia, haha I remember that comment that you posted. It stuck with me while I was writing this article. Thanks for the tip and I hope you have a great Sunday as well.
True stuff.
I believe fear exists only in the mind, not in reality.
Having a plan is essential.
Taking the leap is a must.
No matter how scary.
Rather die for yourself then live for someone else.
Hi aDeeb, that sounds like a poem. It was very straightforward. I like it.
Hi Hulbert,
I’ve planned for and organized a lot of events here in my place. During the planning sessions, we try to visualize and picture problems that will arise along the way. So we try to formulate Plan A, Plan B, Plan C… and if all else fails, we try to have Plan Z, the last resort. It’s not the most ideal of the alternative plans but at least we will not be helpless if the worst case scenario hits us.
Hi Mighty, backup plans are a great way to deal with worst possible scenarios. That was part of what was written in the article. Good job man.
Hulbert,
I think everyone has different levels of “ready-ness” to take that leap. I know that for a year I’ve been unhappy and yet I only started taking steps a couple of months ago towards “my” happiness.
For some, it means “I better have $30k in savings to fall onto” or “After my child finishes her last semester..”. I don’t have kids, so it should be a bit easier for me, but I know many people who do and work for the state and want to retire working for the state. Now I’m going in circles. It always makes me angry when people are getting taken advantage of or when they settle.
Good post
Hi Moon, I agree that people have different ways to prepare for bad situations. I like the examples you’ve provided here, and I agree that you would probably have more time to do blogging compared to people who have kids. Thanks.
Hey Hulbert,
Superb quote from the Gita, I’ll have to remember that one! There is so much beauty in the events that challenge us, like when my sister passed away, it just taught me to appreciate life that much more!
Hi Amit, I’m sorry to hear about your sister passing away. It definitely does teach us to see beauty even in challenging events and appreciate life in general. Thanks for your comment.
Hi Hulbert:
A very insightful post! I think you’ve really touched on something that seems to be creeping into our minds a lot…terrible outcomes. All of us can find excuses not to go for it…I know I have. I agree with your advice to be aware of what’s the worst possible outcome and prepare accordingly. Taking the leap, in spite of all of our fears, is probably the most noble thing we can do in our lives. I’ve done it in the past and even if I don’t succeed, I feel so much better about myself when I take that leap. Thanks for a nice post!
Hi Tim, I’m glad you were able to make that leap. Even if you didn’t succeed for it the first time, you can always prepare for it again the next time. Thanks for stopping by.
I think its funny/sad how very little of a chance some people give their dreams.
Worst possible scenarios , in the unlikely situation they even happen, have so much to teach us !
great post, Hulbert !
Thanks Rocky. I agree with you too. I think they can help us reach our dreams by teaching us lessons when we least expect it.
Very inspirational article. Fear is the worst enemy we have in our mind that block us from moving forward on life. We really can do a lot of things when we can overcome it.
That’s very true Alvin. That’s why I mentioned that we should deal with worst possible scenarios instead of avoiding them.
Most of the things we worry about never happen, not sure why we have to get old to understand that.
That’s true. A lot of what we worry about just happens in the mind. But it’s still good to prepare for it just in case.