Smart entrepreneurs plan because they recognize that it will increase their probabilities for achievement. Important issues are less likely to fall through the cracks with formal outlines, processes and action steps. It’s a valuable tool that can make a substantial difference in the success or failure of a business or personal dreams.
Business development is about creating your dream of self-employment and spinning it into reality. A business plan is the document you produce when you take have an idea for a marketable endeavor and work through all the dynamics that will have an influence on the startup, operation, and management of the business.
Formulating your plan will help reduce time-wasting indecision and increase the likelihood of success. Without knowing where you’re going, it’s not really possible to plan, or make inroads toward goal achievement. Take a moment and look around, thinking about all of the things in your present environment, from the chair you sit on, the pen you use, the computer, your car or even the food you eat; they all began with a plan, a blueprint.
Dumb Little Man: ”A mansion will not come out as grand and as breathtaking as it is unless there’s a good plan behind its construction. Same goes with the great and amazing things you want to obtain in your life. Plan, and plan well. Make sure your plan is feasible, doable, and effective. Also, it pays to think and plot an alternative plan or a plan B, in case your initial plan does not work.”
Managing our own lives and businesses is hard enough but without written goals and action steps, we are just going through the motions, yearning for success and growth. It is important to visualize what we want and expect. It is from this starting point that enables us to map out our plan to facilitate action and forward movement.
There are many options to formulating your plan of action, from spreadsheets, mindmaps, flowcharts or just a word document, but whichever tool you choose should be one you will faithfully utilize and implement otherwise, it will be an exercise in futility and there aren’t enough hours in the day to justify wasted time, energy or effort. Your plan can outline all of your goals, action steps, timelines and a To Do list to help drive your dreams to the finish line. c into a reality but instituting a thought out functional strategy will.
How will you launch your inspirations from a concept to a tangible outcome?