Writing a business plan
“Do I need to write a business plan?”
A business plan is not necessary but it's a great exercise to get clear.
How do you take your idea off the ground?
A crucial step is to work on the economics.
Dive deep into the marketing costs, startup expenses, insurance and employee expenditures.
Don’t spend 2 months trying to figure out mundane details.
Invest your time and energy into actually doing the work.
Get some REVENUE flowing as soon as possible. 💰💰💰
Your business will take More Money, More Energy and More Time than what you initially thought.
There are tons of Books that outline the critical first startup days, like Launch, by my friend @scottduffymedia or Paper Napkin Wisdom by #JackDaly.
Check them out if you are just starting out! 👀
Also check out Score: Senior Corps of Retired Executives.
What do you need to do today to move your business one step forward?