Remove Entrepreneur Remove Metrics Remove Slides Remove Writing
article thumbnail

How Many Entrepreneurs Really Need a Business Plan?

Startup Professionals Musings

On a regular basis, I am approached by entrepreneurs who assert that business plans are a waste of time. They cite sources like a recent BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this NY Times article. With bootstrapping, no business plan is expected by anyone.

article thumbnail

How To Take Your Business Idea From Dream To Reality

Startup Professionals Musings

Even if it’s only a few PowerPoint slides or typed paragraphs, writing something down is the first step toward making it real. Always write in the future tense, what you will do, and name yourself as the key person responsible. Set target date milestones and metrics to gauge progress.

Ideas 99
article thumbnail

6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. Writing down key parameters will force you solidify the specifics, and mentally commit to them. Present at trade shows and network with your ten-slide pitch to build your following.

Ideas 94