From the category archives:
For years I’ve lived with my own “root canal theory of business planning.” Do the Google search for that phrase and you’ll see that my previous writing about this comes up first. Like root canals, business plans were something people dreaded, but needed. Happily, things have changed.
Unlike a root canal, modern-day business planning should not be [...]
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I hope you’ll forgive me this post, but it took a long time writing, absorbed most of my Spring, and involved a lot of work by other people with editing, design, and so so forth. These things go up and…
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Last week I was a guest on Barbara Weltman’s Build Your Business radio show on wsradio.com. In the first part Barbara starts out with a review of the present bleak economic picture, then introduces me and business planning. It’s about…
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Dieting. Regular exercise. Investing. Planning. All of them so much easier said than done. Easy to know what to do, but hard to do it, because you have to actually do it, repeatedly, not just know what to do. Emphasize,…
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This image is from Egghead Marketing, in an announcement of a Twitter business plan contest. It’s an interesting summary of a business plan focusing on innovation assessment, written to be read by outsiders; the new world. Of course it’s a…
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Time flies. I was on the Small Business Advocate show again today and Jim said it was the tenth anniversary of my first guest appearance (can you call it appearance when it’s radio?) on his show. I’m always happy to…
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If you can’t say it in 60 seconds, you have a problem. Your strategy isn’t clear enough. Nowadays we call it “the elevator speech,” meaning a quick description of the business that you could do in the time you share…
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I’ve been focusing lately on the difference between your core business plan and the information and analysis and presentation additions that are really dressing, not plan. Too many people assume that a business plan necessarily includes background and supporting information….
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Very interesting point from David Miller in Campus Entrepreneurship relating venture contests to my plan-as-you-go business planning: It also makes one wonder a bit about the value of business plan competitions which demand static plans created for judges rather than…
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