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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

In the realm of great business ideas, a well-crafted business plan takes center stage. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. This document provides essential clarity on your business vision and mission.

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How to Map Out an Ecommerce Business Plan in 1 Hour

Up and Running

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.

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9 Effective Strategies To Upscale Your Business 

The Startup Magazine

Here are some effective strategies to upscale your business and help you stay competitive. Develop agility and adaptability Image credit Having agility in decision-making is a vital aspect of achieving business success. It is important to understand that no plan will remain unchanged, and it should not.

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Why Amazon Is the Undisputed E-Commerce Growth Leader

Startup Professionals Musings

Amazon is famous for their Two-Pizza.Teams (no bigger than two pizzas will feed), allowing an entrepreneurial mindset more autonomy, agility, and accountability. The business owner must be the leader of the team, written specs are required, and the team must be populated only with A+ people. Master the magic of small autonomous teams.

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Thoughts on our three-speed economy and business planning in the 21st century

The Equity Kicker

As much as I seek to empower our portfolio companies to do what they think is right and to avoid over-planning I sympathise with these ‘traditional managers’ in the sense that when you switch from operating with a detailed operating plan to operating without one it feels like you are flying blind.

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Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

Best practices in software development started to move to agile development in the early 2000’s. With Agile you could end up satisfying every feature a customer asked for and still go out of business. A major improvement over Waterfall development, Build Measure Learn lets startups be fast, agile and efficient.

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.