Do you have an idea for a business startup? Have you ever tried to lose weight? It takes EXTREME sacrifice, determination, and constant discipline in order to lose those extra pounds, for most of us. This commitment HAS TO come from you and can’t be delegated to someone else. Same goes for any successful start-up.
Whether you are trying to lose weight, repair your finances, stay married, or start a business it is going to take a lot of work, dedication as well as realistic goals and milestones. How else would you know that you have made progress if you don’t have a goal in mind? In business, you must have measurable milestones, processes, and procedures in place to ensure longevity and profitability.
Since I specialize in startup business consulting, I get to meet a lot of clients and hear their business ideas. Unfortunately, most of those ideas never see the light of day. NOT because of lack of money, or experience, but because of a missing business plan. I get a lot of resistance when it comes to creating a business plan. Most startups are not willing to spend the time on this necessary tool, they just want to get started. Developing a business plan helps provoke questions that the Entrepreneur needs to find the answer too.
Preparation is the key to a successful launch and execution. If you find yourself unable to prepare a well thought out business plan, then find a business mentor, counselor, or coach to give you clarity as well as direction.
Welcome to the 1% club.