So, in my last post, I suggested that the traditional business plan might not be the most useful document. Ok, actually, I torpedoed the traditional business plan. BUT, as I said then, I do believe that every entrepreneur should plan their business. So, if the traditional, 50 page plan is a waste of time, what [...]
Business Planning: The Quadrant Approach
Four Reasons Why You Don’t Need a Business Plan
It’s not that I don’t believe in planning. I do. But I don’t believe in business plans. At least not the ones people traditionally spend an inordinate amount of time creating—instead of launching their business. But, conventional business wisdom clearly disagrees with me. In fact, conventional wisdom says that if you don’t write a business [...]
Why I’m Raising My Fees in 2012
It’s official. Effective January 1, 2012, I’m raising my legal and coaching fees across the board. I’ve spent the last two weeks poring over 2011’s financials and which goals I met and which goals I didn’t. And it’s clear. I didn’t make two of my 2011 goals. I didn’t open as many new clients (or [...]
Entrepreneurs Do Not Need a Business Plan
Take a seat on the couch and get comfortable, because I’m about to bust open the conventional wisdom on starting a business. Are you ready? You DON’T NEED A BUSINESS PLAN. I know that goes against all that you’ve ever heard about starting your own business, but I’m serious. Skip the business plan. I had [...]
[Video] How to Start a Business: Part 2
We’re spending the next several posts discussing the 10 steps to starting a business. Step 1 was to create a VISION STATEMENT. Today, we’re on Step 2: Prepare a Launch Plan Prepare a LAUNCH PLAN. Now, I don’t mean one of those 30 page monsters that includes everything but the kitchen sink. Unless you are [...]





