Comments on: This ‘No Business Plans Post’ is Wrong on So Many Levels http://timberry.bplans.com/2007/07/take-a-look-at.html Tim Berry on business planning, starting and growing your business, and having a life in the meantime Sat, 21 Nov 2009 17:26:20 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Kendall Kunz http://timberry.bplans.com/2007/07/take-a-look-at.html/comment-page-1#comment-175 Kendall Kunz Wed, 01 Aug 2007 14:18:06 +0000 http://timberry.bplans.com/2007/07/take-a-look-at.html#comment-175 <p>Just think, for $99 and about a week's worth of work, Twitter could have had a business plan that increased their pre-money valuation. Perhaps their business model is so simple even a caveman can understand it but when more competition arrives, will they have analyzed a way to remain distinct?</p> <p>Without a plan, the new partners and board members can steer the company in a direction the founders didn't envision or agree is appropriate.</p> Just think, for $99 and about a week's worth of work, Twitter could have had a business plan that increased their pre-money valuation. Perhaps their business model is so simple even a caveman can understand it but when more competition arrives, will they have analyzed a way to remain distinct?

Without a plan, the new partners and board members can steer the company in a direction the founders didn't envision or agree is appropriate.

]]> By: Mark http://timberry.bplans.com/2007/07/take-a-look-at.html/comment-page-1#comment-174 Mark Wed, 01 Aug 2007 00:35:10 +0000 http://timberry.bplans.com/2007/07/take-a-look-at.html#comment-174 <p>Tim,</p> <p>I read Kedrosky's post also and had a similar reaction to yours, but of course, you so eloquently lay it all out. His comment about the dangers of showing profits sounds a bit too close to "the economy's different now!"...the war cry of 2000, just before the big pop. </p> Tim,

I read Kedrosky's post also and had a similar reaction to yours, but of course, you so eloquently lay it all out. His comment about the dangers of showing profits sounds a bit too close to "the economy's different now!"…the war cry of 2000, just before the big pop.

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