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The importance of having a plan

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Re: The importance of having a plan

#11

This is all you need to know about planning, from two of the greatest military minds of the last century: In preparing for battle I have always found that plans are useless, but planning is indispensable. - Dwight D. Eisenhower A good plan, violently executed now, is better than a perfect plan next week. - George S. Patton

  No battle plan survives contact with the enemy.
- Helmuth von Moltke

Re: The importance of having a plan

#12
post #9
post #7

Earlier quoted context omitted.

Absolutely, although I'm struggling to find a good famous quote to support this point of view.

Some for renown, on scraps of learning dote, And think they grow immortal as they quote.

And:

  The devil can cite Scripture for his purpose.
As an added plus the quote is badly taken out of context for this use.

Re: The importance of having a plan

#13
I've written a few business plans in my life (3 started companies, 2 sold, current one is Series A funded FWIW).

Every single time, the plans sat on the shelf. Every single time, I looked back at those plans and laughed/cringed at the assumptions I made in them and was amazed at how little my business resembled the picture I painted in those plans.

I think it's a great exercise to run through the sections that are common in biz plans (marketing, etc). Think about 'em, talk about 'em, maybe even through together a spreadsheet or two.

But don't make it formal and don't spend too much time on it-- the more you invest in it, the more it'll feel like a blueprint rather than an exercise.

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