What If You Lost Your Largest Client?

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UCLA's basketball legend John Wooden, who recently passed away just shy of his one hundredth birthday, was a "coach's coach." His great admonition, "Failing to plan is planning to fail," is a constant refrain in my own coaching advice. The important part of Coach Wooden's message is not that everything can be anticipated; rather, it's that, if you make no effort to anticipate at all, life will constantly come as a very unpleasant shock.

I frequently chide my wife for thinking of all the horribles that could befall us. I suggest that she should have been a law school professor, creating hypotheticals that cannot be resolved. Her response? You can't avoid the potholes in life without planning to do so – you can't create your plan for the good life without also thinking about what could go awry.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ed Poll, LawBiz | Attorney Advertising

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