A Perspective On When A Business Plan Adds Value
Startup Professionals Musings
NOVEMBER 7, 2014
'As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article. From my perspective, much of this advice is an urban legend and just plain wrong. Based on my experience, a business plan always adds value to the entrepreneur – most people can’t build a complete plan in their head, and need the process o
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