You’ve worked hard, and you now have a finished business plan — congratulations! But before you go skipping off into the sunset, there’s one thing you need to keep in mind.https://player.vimeo.com/video/254948937 Your finished business plan is a moving target. That means it’s going to need to be updated. More than once. In fact, when my clients ask me how […]
Equity Investor: Why You Should Be Cautious Before Making a Commitment
Today, I want to detail the issue of trading equity for services. When a business or startup decides to explore this, the formal term is inviting an “equity investor” to join the team. Many new businesses who are cash strapped think about this as a trade for services. For instance, they may consider exchanging website […]
The HERO Podcast: Creating a Business Plan That Will Walk You to Success Part One: My Superpower
As the founder of Written Success, I periodically get invited to do podcast interviews so I can share some insight on anything and everything related to business plans. A few months back, I was a guest on The HERO Show with Richard Matthews. The episode was titled Creating a Business Plan That Will Walk You to Success, and while we […]
How to Prove You Have a Successful Business Idea
When an investor goes over your business plan, they will look for signs that you have a successful business idea. They want to see evidence that your business will be a success. One of the ways you can hand this to them on a silver platter is by showing them proof of concept. So if you have an […]
The HERO Podcast: Creating a Business Plan That Will Walk You to Success Part Two: The Fatal Flaw That’s Held Me Back
In my last post, I talked about my business superpower, and like any other amazing skill we have, there’s always a flip side. During my discussion with Richard on The HERO Podcast, we deemed this as the “fatal flaw” — the thing that has held me back in my business journey. For me, the fatal flaw is […]
The HERO Podcast: Creating a Business Plan That Will Walk You to Success Part Three: Identifying the Common Enemy and Tackling Limiting Beliefs
In my last post, I talked about my fatal flaw and how it has held me back at times in my business. Just like me, my clients often have some sort of limiting belief that nags away at them and can make it hard to feel absolute confidence in what they’re doing. During my discussion with […]
Researching Your Micro Industry
When writing a business plan, you straddle the fine lines between the need to know, nice to know and too much information. These decisions are common throughout the entire business plan creation process. The challenge is even greater when it comes to deciding what to focus on for your micro industry section. At the point where you’re starting […]
The HERO Podcast: Creating a Business Plan That Will Walk You to Success Part Six: Finding Your Guiding Principles
In my previous posts relating to my interview on The HERO Podcast, we’ve covered a lot of ground — my superpower, fatal flaws, driving force, along with the common enemy facing my clients and what I rely on in my business toolkit. One thing that makes entrepreneurs a special breed is their tenacity. We get knocked down, […]
Get it Right the First Time: Avoid these Business Plan Mistakes
Like anything else we do that’s unfamiliar, when it comes to writing a business plan and trying to avoid business plan mistakes, we don’t know what we don’t know. Case in point — me. When I wrote my first business plan I made three different mistakes without even knowing it. Writing a business plan can seem like an overwhelming […]
Adding Author to My Resume: How to Write an Exceptional Business Plan
There’s something really exciting about to happen here at Written Success! Let me tell you, it’s been a long time in the making! Monday, January 6th, marks the official release date of my new book, How to Write an Exceptional Business Plan — and I couldn’t be more excited. As anyone who’s ever started a business knows, some dreams take a […]