Implement a Stress Test!
Much has been said about ‘Stress Tests’ in the financial industry and I’m here to tell you the same practice is needed in our businesses and in personal planning.
A Stress Test is easy to perform and can be a great way to frighten yourself into action.
The test is simply a way of seeing how you would respond to a certain set of eventualities.
When I was in the Marine Corps we practiced war games so we’d be ready in case we actually had to defend our nation, thank God we did because, #@$% happens.
We’d go through exercises to prepare and we’d evaluate our preparedness.
Are you prepared for 2010?
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