Source: This article was originally published on CNBC.
Written by: Courtney Connley, CNBC Make It
There are endless books, podcasts, articles, and films devoted to the study of success—why do some people achieve it while others flounder?
There’s a single thing that separates successful people from everyone else, and it can be explained in just six words.
Successful people have no plan B.
Here’s what I mean. I’ve always been fascinated by Hollywood, and specifically, what makes some people stars and not others. After all, untold thousands of hopefuls flood to L.A. every year and only a handful see their name in lights. Surely talent matters—but it’s not everything.
A few years ago I asked my daughter Sophia, who works in casting in Hollywood, what makes some people more successful than others. Without hesitation, Sophia told me that the people who make it are the ones who come to Hollywood believing that not making it isn’t even a possibility. No matter how many times they fall down, they get up again and keep going.
Talk about an ‘oh yeah’ moment. Sophia’s observation described virtually every successful business person I’ve ever met, studied, written or read about. None of them had a plan B.
It makes sense that most people with a plan B don’t achieve the same level of success as someone without one, because when you have a safe place to run to when things get tough, you can, and often do. By contrast, people who see their end goal as the only alternative stay on the track that gets them there—bumps, bruises, setbacks, and delays be damned.
Here’s my question for those of you with a big dream. Do you also have a fallback strategy? If you do, I don’t blame you for planning ahead.
Just know, your plan B, as sensible as it seems, may be exactly what undercuts the amazing plan A for your life.
Suzy Welch is the co-founder of the Jack Welch Management Institute and a noted business journalist, TV commentator, and public speaker. Through its online MBA program, the Jack Welch Management Institute transforms the lives of its students by providing them with the tools to become better leaders, build great teams, and help their organizations win.