Idiots Fail To Plan
March 29, 2006
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Someone told you that a business plan is just something people use to impress some jumped up jerk in a suit when you want to borrow money. You haven’t done one, because you don’t need a loan to set up your home based business, and it all sounds too complicated anyway. Well, believe me, only idiots fail to plan - and you don’t want to be an idiot do you?
Doing a plan for your home based business doesn’t need to be complicated, and whether you’re setting up a part-time home based business to pay your child’s college fees, or planning to build a multi-business corporation, you need a plan.
In How to Run Your Business Like a Girl, the author interviewed several business owners. One of the questions she asked them was, “Do you have a business plan?†Another question she asked was, “How long were you in business before you were able to start paying yourself?â€
Would it surprise you to learn that some of those without a plan have ran their businesses for 4 years plus, and claim that they are still unable to pay themselves? The ones who did have a plan were able to begin paying themselves relatively quickly. Which boat would you rather be in?
You’d have to be a nut to want to run a business for more than four years, with no pay. What would you live on? How could you possibly motivate yourself to go on, if you weren’t making a single bean?
Before you work yourself into a state of panic, you should know that a business plan is just like a road map. You work out where you want to be, and how long it will take you to get there.
Check back later, and I’ll show you how to start making a basic plan. If you’re too impatient to wait, and want to get started right now, try the links below.
Business Plan Kits for Dummies
Be A Business Planning Pro
It’s A Jungle Out There and a Zoo in Here
I’m Bored - Surprise Me
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