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Always have a contingency plan; life favors the prepared.
Perhaps, but at least in my experience, confidence is an integral component of the equation for success in any endeavor. In my opinion, a confident person will outstrip the successes of his equally-prepared, less confident colleagues. Belief in one's ability is crucial, and I guess for me, planning for my failure is less fruitful than putting efforts toward my success.
This aren't just my own beliefs though. They're fairly heavily supported psychologically and sociologically, as I understand.
If you were instead to imply that contingency plans do not affect confidence as it applies to success, then we'd have a debate on our hands.

Edit: To use an anecdote, my dad is living proof that planning for success, and not failure, can be powerful. He went to London from his dirt-poor conditions in India, making plans to go to America and eventually start a business. He harassed the U.S. Embassy to get a student visa to study at an American university, and finally succeeded after several successive rejections. He had no contingency plan when he went to London, spent all his money going there, and ultimately would have been completely screwed if his plans fell through. But because of a strong belief in self, and because having no contingency plan may have made him work harder, he succeeded. All of his dreams came true. He's now my idol and basically the poster boy for the American dream.
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