How timely. Working on a business plan / pitch deck now. Will put this in! As an ex budget analyst and business operations manager, I know all about the silly amount of time companies spend on forecasting numbers and business plans that go stale even before they’re fully approved 😂
Hey Thomas - I'm so glad you found this helpful, my friend!
It's tough, though; so many people are ingrained to think that way, so you can't escape from business plans entirely; but the dialogue of "remember, these are only guesses" hopefully pulls them away from using the plans as a crutch, and help them learn and love YOU and your idea more!
"respond, private*, adapt, and thrive like most great companies."
I recall a time a friend suggested having a business plan for any startup ideas I was thinking about. If I had read your example back then it certainly would've contributed to the conversation!
How timely. Working on a business plan / pitch deck now. Will put this in! As an ex budget analyst and business operations manager, I know all about the silly amount of time companies spend on forecasting numbers and business plans that go stale even before they’re fully approved 😂
Hey Thomas - I'm so glad you found this helpful, my friend!
It's tough, though; so many people are ingrained to think that way, so you can't escape from business plans entirely; but the dialogue of "remember, these are only guesses" hopefully pulls them away from using the plans as a crutch, and help them learn and love YOU and your idea more!
If you'd like me to take a look at it, please send it my way, okay?
Would love to! How do you prefer I send it?
Got it. Thanks
Thanks for writing this Paul!
Did you mean to say pivot here?
"respond, private*, adapt, and thrive like most great companies."
I recall a time a friend suggested having a business plan for any startup ideas I was thinking about. If I had read your example back then it certainly would've contributed to the conversation!
My dude - thanks for reading!
OF COURSE it’s “private”. I’m never wrong and my pride is too sensitive lol!
Thanks for catching that. Corrected!
And nothing wrong with having one. I just have an issue with people spending too much time on it or depending on it more than it’s purpose and value!
Good Stuff