In business, the rear view mirror is clearer than the windshield - Group Discussion

Business is full of uncertainties. A rear view mirror of a car is usually clearer than the windshield. That’s what also helps us to drive carefully just like we should be running a business. What we experienced is considered as a benchmark. We use this benchmark to move ahead and not repeat the mistakes.

For:

- Because the windshield is less clear, in business as well, it is not possible to foresee any threats always.
- Even if the view is not clear, we still drive. Similarly, we still move ahead in business.
- Just like in driving, risks, fear are always existent. Same is the case with business.
- If we meet with an accident because of no clarity while driving, we don’t stop to drive. Similarly, if we run into losses in a business, we don’t stop working.
- A rear view mirror provides us passing points and benchmarks because those are paths we have already taken. Similarly, in business as well, we experience certain paths, good or bad.

Against:

- What matters in business is strategy. If your strategy and goal is clear, nothing else matters.

- A business not only runs on strategies but also money and luck. If all these things are in place, even a less clear vision can work.

- Business is all about management. If it’s managed well, everything falls in place.

- If your plan of running a business is well established, you attract more opportunities.

- A business is all about taking risks. If we all had the ability to foresee the result, we all would be equally successful.

We all want our business to run well and have profits. Luck and hard work should go hand in hand. A business cannot run without proper resources. We all need to take risks in a business. So, even if we fail, we should take that as a learning experience and move on.