Here’s a surprising, actually not so surprising business fact:
The IRS (USA tax department) tax manual has instructions for collecting taxes after a nuclear war!
Wow – that is some heavy contingency planning. Even a bit over the top….
Although I’m not a huge fan for planning, in startup land it’s still worth having a back up plan if things really go astray. Contingency plans for things like running low on cash, losing interest in your startup, or falling out of love with your business partner. Don’t obsess over it, just have some written ideas of how you’ll deal with it, if it happens.