Thursday, July 28, 2011

How I'm going to use the experts in my business plan


1) JAY TURO

2) DAVE LAVINSKY

Jay Turo and Dave Lavinsky brought up theses nine steps, which are going to used in my business plan. 
1) Executive Summary

2) Company Analysis

3) Industry Analysis

4) Customer Analysis

5) Analysis of Competition

6) Marketing Plan

7) Operations/Design and Development Plans

8) Management Team

9) Financial Plan

Even after all of these aspects are used in my business plan, what's the truth about this project actually getting picked up? Did you know some VC's (Venture Capitalists) get over a 1000 business plans a month and only invest in 1% of those projects. So, trying to find the right VC is difficult and tiring, for putting your project out there is hard enough, but if you can't find anyone to believe in you, it starts to take a tole on your enthusiasm. The thing i get out of the whole business plan thing is be confident and love what you do, for that is the key that makes the time not work against you, but for you. Know your project inside and out along with the market, whats hot and whats not. Really it's just the fact that your out there trying is the way I look at, for people will find you if you at least out there trying.

Kevin Kok out!  

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