article thumbnail

Are Business Plans Still Necessary?

Both Sides of the Table

I remember going to an Under the Radar conference in 2006 in the heat of the Web 2.0 Unfortunately this was reinforced by the many conferences that rushed to espouse the benefits of Web 2.0 So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach.

Web 2.0 334
article thumbnail

Why The ‘Fail Fast’ Mantra Needs to Fail

Both Sides of the Table

I’ve heard the insufferable speeches at conferences. I understand that many people argue that “fail fast&# just means launch products and learn from customers. We’re going to put our product out there and fail fast!&# [note: business plan to me does not equal long Microsoft Word document. This is wrong.

Startup 308