Comments on: Business Plans and Your Success http://www.wisdump.com/business/business-plans-and-your-success/ Dumping wisdom on design and the web Sat, 01 Oct 2011 03:29:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Natlie ferguson http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5717 Natlie ferguson Mon, 16 Apr 2007 23:12:22 +0000 http://wisdump.com/?p=245#comment-5717 Hey I was involved in this discussion a while ago, the post resonated with me because we were heads down thinking about business planning. We have now launched a web 2.0 planning product (http://www.planhq.com). It makes your business plan a living, collaborative thing, that you can add to incrementally and change alongside your business. I think planning is important, but I do think a piece of paper is not really what people are after, so if you don't currently plan your business but you're interested in experimenting with the results, check it out. We find it massively useful :) Hey I was involved in this discussion a while ago, the post resonated with me because we were heads down thinking about business planning. We have now launched a web 2.0 planning product (http://www.planhq.com). It makes your business plan a living, collaborative thing, that you can add to incrementally and change alongside your business.
I think planning is important, but I do think a piece of paper is not really what people are after, so if you don’t currently plan your business but you’re interested in experimenting with the results, check it out. We find it massively useful :)

]]> By: Natlie ferguson http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5716 Natlie ferguson Mon, 16 Apr 2007 23:08:21 +0000 http://wisdump.com/?p=245#comment-5716 Hey I was involved int his discussion a while ago, the post resonated with me because we were heads down thinking about business planning. We have now launched a web 2.0 planning product (http://www.planhq.com). It makes your business plan a living, collaborative thing, that you can add to incrementally and change alongside your business. I think planning is important, but I do think a piece of paper is not really what people are after, so if you don't currently plan your business but you're interested in experimenting with the results, check it out. We find it massively useful :) Hey I was involved int his discussion a while ago, the post resonated with me because we were heads down thinking about business planning. We have now launched a web 2.0 planning product (http://www.planhq.com). It makes your business plan a living, collaborative thing, that you can add to incrementally and change alongside your business.
I think planning is important, but I do think a piece of paper is not really what people are after, so if you don’t currently plan your business but you’re interested in experimenting with the results, check it out. We find it massively useful :)

]]> By: Nick http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5715 Nick Sat, 11 Nov 2006 14:04:45 +0000 http://wisdump.com/?p=245#comment-5715 Paul: nice article! I'm working on some business plans right now. I agree with Natalie that a business plan is like a living thing. For internet companies especially, your business plan, like your business, will be constantly changing. The business plan gives you a general overview or framework for your business. I don't see this as a restriction or limit to what your business can do. Rather, I see this plan as your little helper. If you start to lose focus of your core business ideas, your business plan may help you get back on track. I don't think a business plan is necessary for every business. I do think it's an advantage most businesses should take advantage of. You're stating your goals, your service and product offers, your market strategies, finances, etc. Creating a plan causes you to really think about those areas of your business - something people may tend to overlook or forget about over time. Writing my plan requires me to do a lot of research on subjects I don't know much about. So not only am I laying the foundation of my business with a plan, I am learning more about business and business strategies. Win-win for me. Paul: nice article!

I’m working on some business plans right now.

I agree with Natalie that a business plan is like a living thing. For internet companies especially, your business plan, like your business, will be constantly changing.

The business plan gives you a general overview or framework for your business. I don’t see this as a restriction or limit to what your business can do. Rather, I see this plan as your little helper. If you start to lose focus of your core business ideas, your business plan may help you get back on track.

I don’t think a business plan is necessary for every business. I do think it’s an advantage most businesses should take advantage of. You’re stating your goals, your service and product offers, your market strategies, finances, etc. Creating a plan causes you to really think about those areas of your business – something people may tend to overlook or forget about over time.

Writing my plan requires me to do a lot of research on subjects I don’t know much about. So not only am I laying the foundation of my business with a plan, I am learning more about business and business strategies. Win-win for me.

]]> By: David Askaripour http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5714 David Askaripour Tue, 26 Sep 2006 02:30:36 +0000 http://wisdump.com/?p=245#comment-5714 Well said, Paul. Personally, I think a business plan is more likely to hold a new entrepreneur back than advance one. The best business plan in my mind is a blog where you're sharing ideas, receiving comments, and interacting with your target audience on a daily basis as your visions grow and expand. Rock on! Well said, Paul. Personally, I think a business plan is more likely to hold a new entrepreneur back than advance one. The best business plan in my mind is a blog where you’re sharing ideas, receiving comments, and interacting with your target audience on a daily basis as your visions grow and expand.

Rock on!

]]> By: Katya http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5713 Katya Sun, 24 Sep 2006 21:34:09 +0000 http://wisdump.com/?p=245#comment-5713 I recently read somewhere that 93% of the websites in the internet don't give any revenue to their owners. Probably just because of absence of right business plan. I recently read somewhere that 93% of the websites in the internet don’t give any revenue to their owners. Probably just because of absence of right business plan.

]]> By: Pronet Advertising http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5712 Pronet Advertising Sun, 24 Sep 2006 00:13:49 +0000 http://wisdump.com/?p=245#comment-5712 <strong>What is 9rules?...</strong> Just recently [Paul Scrivens](http://wisdump.com/) from [9rules](http://9rules.com) announced that [9rules round 5](http://9rules.com/blog/2006/09/9rules-round-5-october-25th/) will be taking place on October 25th. Some of you may be thinking about ent... What is 9rules?…

Just recently [Paul Scrivens](http://wisdump.com/) from [9rules](http://9rules.com) announced that [9rules round 5](http://9rules.com/blog/2006/09/9rules-round-5-october-25th/) will be taking place on October 25th. Some of you may be thinking about ent…

]]> By: Management, leadership & personal development of a young man http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5711 Management, leadership & personal development of a young man Sat, 23 Sep 2006 10:42:13 +0000 http://wisdump.com/?p=245#comment-5711 <strong>Awesome Link Reads: 09.23...</strong> It’s difficult to “hard work” your way to success (Seth Godin) Student Graduates College in Only Two Semesters (Steve Pavlina) Business Plans and Your Success (Wisdump) How to Attract Links and Increase Web Traffic – The Ultima... Awesome Link Reads: 09.23…

It’s difficult to “hard work” your way to success (Seth Godin)
Student Graduates College in Only Two Semesters (Steve Pavlina)
Business Plans and Your Success (Wisdump)
How to Attract Links and Increase Web Traffic – The Ultima…

]]> By: Milo Riano http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5702 Milo Riano Sat, 23 Sep 2006 10:13:58 +0000 http://wisdump.com/?p=245#comment-5702 Business plan is very good because it puts into writing what’s in your mind for others to read, absorb and see loopholes into. It’s a business "plan" not a "law" so don't use it as a prescription but a guide. My business professor asked me whether I need a business plan to put up a barbeque stand at the corner of the street with 4 people tops running it. I said "Hell No", then he asked me whether I need a business plan for manufacturing firm which needs 2k people in the first 6 months of operations, I said "Hell Yes". The need for a business plan depends on the business and the scale of what you're doing. Similar to a development of a software, I don't write detailed design documentation for a 50 line C# code, but when I'm in a team developing 3k screens, hundreds of thousands of code, then we need to write the detailed design document before we start anything. Business plan is very good because it puts into writing what’s in your mind for others to read, absorb and see loopholes into. It’s a business “plan” not a “law” so don’t use it as a prescription but a guide.

My business professor asked me whether I need a business plan to put up a barbeque stand at the corner of the street with 4 people tops running it. I said “Hell No”, then he asked me whether I need a business plan for manufacturing firm which needs 2k people in the first 6 months of operations, I said “Hell Yes”.

The need for a business plan depends on the business and the scale of what you’re doing.

Similar to a development of a software, I don’t write detailed design documentation for a 50 line C# code, but when I’m in a team developing 3k screens, hundreds of thousands of code, then we need to write the detailed design document before we start anything.

]]> By: Business Plans » Blog Archive » Sep 12, Create Stunning and Successful Business Plans http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5710 Business Plans » Blog Archive » Sep 12, Create Stunning and Successful Business Plans Fri, 22 Sep 2006 23:21:07 +0000 http://wisdump.com/?p=245#comment-5710 [...] I think business plans are good to use as a history to see what you wanted and gauge to where you are at. … I guess, online business maybe slightly different so the tradition of business plans unless seeking investment (investors love … more details… [...] [...] I think business plans are good to use as a history to see what you wanted and gauge to where you are at. … I guess, online business maybe slightly different so the tradition of business plans unless seeking investment (investors love … more details… [...]

]]> By: Natalie Ferguson http://www.wisdump.com/business/business-plans-and-your-success/comment-page-1/#comment-5709 Natalie Ferguson Fri, 22 Sep 2006 03:32:06 +0000 http://wisdump.com/?p=245#comment-5709 Two things you said make sense to me: 1) Planning does remove headaches 2) Static plans do not remove headaches. What we need is an updated version of a business plan, a living creature that can be updated and adapted as fast as your business moves, while giving you the ability to think further than a day/week/month ahead ;) Two things you said make sense to me:
1) Planning does remove headaches
2) Static plans do not remove headaches.

What we need is an updated version of a business plan, a living creature that can be updated and adapted as fast as your business moves, while giving you the ability to think further than a day/week/month ahead ;)

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