I’m well into my business plan marathon again this year, in Houston today looking forward to judging the Rice Business Plan Competition, one of my favorites. Regarding business plans, instead of just complaining (again) about unrealistically high profitability projections, today I have some specific suggestions. And this has nothing whatsoever to do with the six [...]
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Quick Bio
I'm chairman and founder of Palo Alto Software. Founder of Bplans. Co-founder of Eugene Social. Founder of Free the Numbers. I have more info at timberry.com.
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Disclosures
- I'm employed by Palo Alto Software, but opinions expressed on this blog are mine and mine alone.
- I have a very small financial interest in Rebelmouse.com. More important, a personal interest: my son is founder, one of my daughters is a key employee.
- bigstockphoto.com gives me a free account for stock photos. I use them to illustrate this blog.
- I have an affiliate account with amazon.com. That means I get a percentage of sales from links out of this site to amazon.com.
- I occasionally accept free review copies of books I review on this blog.
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Things I Believe
- The best things in life aren't free, but they aren't for sale either. You have to work for them.
- Business ideas have no value.
- Time is the scarcest resource.
- You can only be one person at a time.
- An authentic original is better than a good copy.
- It's the planning, not just the plan, that makes business planning work.
- Truth reflects off mirrored surfaces and splits into specks, rays, and particles. William Blake wrote "anything possible to be believed is an image of truth" (in Proverbs of Heaven and Hell.)
- Writing skills, even -- unfashionable as this may be -- spelling and grammar, matter.
- Good writing is always easy to read.
- There are problems you can make worse, but not better.
- Successful business planning is nine parts implementation for every one part strategy.
- Angry words are not always biodegradable.
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