Since last January, after taking an entrepreneurship course at the University of San Diego, business plans have been on my mind. The research necessary to write a good one has come and gone across my desk several times. It continually amazes me how much work really goes in to a good one, and how few people/companies really commit to creating one that sets them up for success.
Recently, I read an article by a VC. He was discussing business plans and their validity in his eyes when it comes to a company he's willing to invest in. What he said quickly took the wind out of my sails, but none the less, I think it's important for everyone to read what he has to say. After all, he's the one that's going to be giving out money. So take a look at this article, I think it's worth a read.
How to NOT Write a Business Plan
Wednesday, October 8, 2008
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