Comments on: Do entrepreneurs still need to write business plans? http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/ condensing fact from the vapor of nuance Thu, 24 Jul 2008 16:31:52 +0000 http://wordpress.org/?v=MU By: Tweak http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10498 Tweak Tue, 22 Jul 2008 22:27:27 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10498 Yeah surely, unless you want to hire someone else to write it for you. Yeah surely, unless you want to hire someone else to write it for you.

]]> By: Search http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10481 Search Thu, 24 Apr 2008 23:01:14 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10481 very true very true

]]> By: ChatFish http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10479 ChatFish Mon, 21 Apr 2008 21:46:27 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10479 the need to write business plans will never stop the need to write business plans will never stop

]]> By: bob http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10472 bob Thu, 27 Mar 2008 16:53:51 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10472 X8m9WK great site man thanks http://peace.com X8m9WK great site man thanks http://peace.com

]]> By: Investblogger http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10458 Investblogger Fri, 29 Feb 2008 23:02:12 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10458 Glad to be here, I am Jason Lee and I just signed up. I hope, I am posting in the right section, and my apologies, if I posted in the wrong place, please advise the right thread. About this time last year, I stumbled upon information about investment private clubs, that are not readily available to the public. The rates of investment return, which investors could receive by investing in such funds, appeared shockingly high at first, but as I investigated more about them, I began to make a lot of money. Guess what, today, I consider myself as no less, but the successful investor. To take my online adventures on the next level, I established the blog, which outlines detailed information about current investment funds. If you would like to see it, <a href="http://WWW.EZ-GOLD.NET" rel="nofollow">here is the link</a>. I would deeply appreciate your comments. Glad to be here,
I am Jason Lee and I just signed up. I hope, I am posting in the right section, and my apologies, if I posted in the wrong place,
please advise the right
thread.
About this time last year, I stumbled upon information about
investment private clubs, that are not readily available to the public. The rates of investment return, which investors could
receive by investing in such funds, appeared
shockingly high at
first, but as I investigated more about them, I began to make a lot of money. Guess what, today, I consider
myself as no less, but the successful
investor. To take my online adventures on the next level, I
established the blog, which
outlines detailed information
about current investment funds. If you would like to see it, here is the link.
I would deeply appreciate
your comments.

]]> By: Investblogger http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10455 Investblogger Tue, 26 Feb 2008 11:11:00 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-10455 Ladies and Gentlemen, I am Jaime Pressly and I just signed up. I didn't find relevant thread to post this, and my apologies, if I posted inappropriately, please advise the right thread. Early last year, I found information about investment funds, that do not trade publicly. The rates of investment return, which investors could receive by investing in such funds, appeared unrealistically high at first, but as I searched more reviews about them, I began to make a lot of money. Right now, I consider myself as the successful investor. To take my online adventures on the next level, I established the blog, which shows detailed information about current investment funds. If you would like to see it, <a href="http://WWW.CYCLICHYIP.COM" rel="nofollow">follow this URL</a>. I would deeply appreciate everyone's comments. Ladies and Gentlemen,
I am Jaime Pressly and I just signed up. I didn’t find relevant
thread to post this, and my
apologies, if I posted inappropriately,
please advise the right
thread.
Early last year, I found information about
investment funds, that do not trade
publicly. The rates of investment
return, which investors could
receive by investing in such
funds, appeared
unrealistically high at
first, but as I searched more reviews about them, I began to make a lot of money. Right now, I consider
myself as the successful
investor. To take my online adventures on the next level, I
established the blog, which
shows detailed information
about current investment funds. If you would like to see it, follow this URL. I would deeply
appreciate
everyone’s comments.

]]> By: Are Business Plans Necessary? « Entrepreneurial Edge http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5366 Are Business Plans Necessary? « Entrepreneurial Edge Wed, 01 Aug 2007 14:49:28 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5366 [...] Are Business Plans Necessary? Susan Wu was recently interviewed for a newspaper article about the process of writing a plan. She points out the reasons for writing a business plan: [...] [...] Are Business Plans Necessary? Susan Wu was recently interviewed for a newspaper article about the process of writing a plan. She points out the reasons for writing a business plan: [...]

]]> By: Do Entrepreneurs still need to write Business Plans? « Hyper Passionate Entrepreneurs http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5145 Do Entrepreneurs still need to write Business Plans? « Hyper Passionate Entrepreneurs Mon, 23 Jul 2007 05:57:55 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5145 [...] source [...] [...] source [...]

]]> By: Innovator’s Dilemmas: Do You Really Need Business Modeling? « consultaglobal http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5013 Innovator’s Dilemmas: Do You Really Need Business Modeling? « consultaglobal Thu, 19 Jul 2007 03:14:48 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-5013 [...] Susan Wu’s “Do entrepreneurs still need to write business plans?” [...] [...] Susan Wu’s “Do entrepreneurs still need to write business plans?” [...]

]]> By: VL http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-4824 VL Fri, 13 Jul 2007 14:07:19 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-4824 Susan, I understand and appreciate your comments on bplans. However I have a question regarding the founding management team. I have a concept on preventing ID theft (new accounts). Currently there are a few ID theft prevention/service companies out there, LifeLock, TrustedID and IdentityGuard to name a few. Their services are pretty much the same, fraud alerts, credit monitoring, ID theft insurance and credit freeze. My concept will absolutely blow those companies out of business. However, I am an unproven entrepreneur, only know what I've learned about ID theft online. What are the chances of my success without a proven member on the founding team? I realize that it would be to my benefit to have someone on board that has the experience not only running a successful startup but also experience in the industry of ID theft. Any comments would be appreciated. Thanks. VL Susan,
I understand and appreciate your comments on bplans. However I have a question regarding the founding management team.

I have a concept on preventing ID theft (new accounts). Currently there are a few ID theft prevention/service companies out there, LifeLock, TrustedID and IdentityGuard to name a few. Their services are pretty much the same, fraud alerts, credit monitoring, ID theft insurance and credit freeze. My concept will absolutely blow those companies out of business.

However, I am an unproven entrepreneur, only know what I’ve learned about ID theft online. What are the chances of my success without a proven member on the founding team? I realize that it would be to my benefit to have someone on board that has the experience not only running a successful startup but also experience in the industry of ID theft.

Any comments would be appreciated.

Thanks.
VL

]]> By: Yiannos http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-4744 Yiannos Tue, 10 Jul 2007 13:18:31 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-4744 Nice... Nice…

]]> By: Business Plan Series: Part 1 - Framing your plan http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-2082 Business Plan Series: Part 1 - Framing your plan Thu, 10 May 2007 11:01:38 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-2082 [...] I call the “money plan” and many VC’s will say that they don’t read them, most see the value in them and all say that the exercise is necessary and important to address any issues that may arise in [...] [...] I call the “money plan” and many VC’s will say that they don’t read them, most see the value in them and all say that the exercise is necessary and important to address any issues that may arise in [...]

]]> By: Doug Nelson http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-520 Doug Nelson Tue, 03 Apr 2007 06:50:16 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-520 One more point to add about the plan-NING being more important than the plan itself. The process focuses the team, and clarifies thinking, which is critical for the meetings the team will have with prospective investors. It's in those meetings that funding decisions are made... not in the review of the plan itself (whatever its format). As an entrepreneur friend of mine once said of the funding process, "It's an oral exam, not a written one." The planning process is what helps prep entrepreneurs for the ultimate(?) oral exam. One more point to add about the plan-NING being more important than the plan itself. The process focuses the team, and clarifies thinking, which is critical for the meetings the team will have with prospective investors. It’s in those meetings that funding decisions are made… not in the review of the plan itself (whatever its format).

As an entrepreneur friend of mine once said of the funding process, “It’s an oral exam, not a written one.” The planning process is what helps prep entrepreneurs for the ultimate(?) oral exam.

]]> By: kabababrubarta http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-306 kabababrubarta Tue, 27 Mar 2007 00:16:30 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-306 Cool! kabababrubarta Cool! kabababrubarta

]]> By: The Pageman http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-304 The Pageman Mon, 26 Mar 2007 18:00:42 +0000 http://reality.org/2007/02/04/do-entrepreneurs-still-need-to-write-business-plans/#comment-304 Great post! I think you need a business plan internally so that you know where you started and then as you modify it, you actually get to see how your business model is evolving. Sometimes, after 18 months of many, many changes, it's good to have a reference point. As you refine your business plan, you get to refine your pitch also and make it easier for people to understand what your business is all about. Great post! I think you need a business plan internally so that you know where you started and then as you modify it, you actually get to see how your business model is evolving. Sometimes, after 18 months of many, many changes, it’s good to have a reference point. As you refine your business plan, you get to refine your pitch also and make it easier for people to understand what your business is all about.

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