founder of naked leader
Get With The Plan
HAVE a business plan. Anybody wanting to survive in business has to have a vision, a plan.
It is an essential tool for thriving and moving forward as a company. Make sure you have one. When you go on a car journey, if you’re sensible, you will have mapped out your route.
You know where you are, where you are going, and how you’re going to get there. It is no different in business. Map out your future plans, funding, market trends, market size, accounting and cash-flow, as well as a multitude of other elements. Do it today.
(Extract from The Naked Millionaire)
There are so many people even on Dragons’ Den who go in without a plan.
How can they expect to make a go of business. It can’t be achieved off the cuff.
Amazing how many people do business off the cuff.
Plan to fail in other words.
It’s possible to work without planning but ultimately you need to know where you are going.
How in business you can decide what you are doing without knowing that is difficult.
In fact these days if you don’t make a plan and know what you need to borrow and what your manufacturing timescale and debtor period is going to be you are lost before you start.
So many people go without a plan in whatever they do. Planning to fail IMO.
Planning to fail, or flying by the seat of your pants and relying on business instinct?
I prefer to wing it as I have confidence in my ability to get the job done.
Preparation isn’t always necessary.