April 04, 2017 @ 01:15 PM

April 04, 2017 @ 01:15 PM

K. J. Somaiya Institute of Management Studies and Research, Mumbai

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By failing to prepare, you are preparing to fail

MBA aspirants may be asked to write essay before GD & PI. Today, you will read Essay on: 
"By failing to prepare, you are preparing to fail"
Benjamin Franklin was known for the following saying, “By failing to prepare, you are preparing to fail”. It is true that if you do not set goals beforehand or plan ahead in life, you cannot succeed in life.
Success only comes to those with determination, who set concrete goals in life. Successful people have short term, medium term and long term goals. 
Since long term goals are the most difficult to achieve, people come up with short term goals, which will slowly but surely help them to move in the right direction. 
This way, one is organized and well-planned. With so much preparation, one does not lose focus of his goals and objectives even when the going gets tough.

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People who fail to prepare goals beforehand lose their way easily. Since they are not clear about their goals, they give up when they are unable to face challenges in life.
They forget the big picture (long term goals) and get overwhelmed by difficult tasks along the way. A budding entrepreneur who is well-prepared will ensure that he has all the necessary resources to help him reach his goal. With his elaborate structure and support system, he rarely gets panicky because he has thought through the setbacks that may come his way. 
A budding entrepreneur’s journey is full of challenges and someone who is not mentally prepared for hard work and struggles that come with the job will collapse mid-way. Success does not come to people easily; a lot of hard work, dedication and planning are required. 
Charles Dickens once said, “I never could have done what I have done without the habits of punctuality, order, diligence, and the determination to concentrate myself on one subject at a time”. These are the key ingredients for the ‘success’ recipe. 

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