This 9 Year Old’s Awesome Business Plan Will Inspire You

It’s entirely possible we’re making business planning way too complicated.
Don’t get me wrong — business planning is incredibly important, and you need to dedicate time and resources to making sure you’re ready to rock and roll on your launch date.
But investors don’t want to see or hear a 20-minute pitch.
They don’t want to read a 40-page business plan.
And they don’t want to sit through any more than 10 PowerPoint slides.
We know this, and yet when you’re super excited about your idea, you just want to tell the world! Often in painstaking detail.
Resist the urge to overshare in your business plan. Get right to the heart ofwhat it is that makes you different, and what’s going to make you successful. Get to the point of your plan.
A young entrepreneur whose business plan hit Reddit recently did just that, and you have to admire her ability to cut right to the chase.
Nine-year old Rylee’s mother found the business plan in her daughter’s backpack, as the story goes, and it quickly became an Internet sensation. The savvy kidpreneur starts her business plan out with something we would all do well to remember: to get a head start,
In Rylee’s case, this is Mom and Dad.
She knows it’s going to take some convincing, too, and has accounted for the fact she’ll need to work on getting them to say yes.
Rylee is going to look for pricing information and create marketing materials to “spread the word!”
Of course, #6 is critically important: actually carrying out on the task of walking the dogs.
And #7 is priceless: Success!
The intrepid young businesswoman’s plan was such a hit that it received millions of views and comments on Reddit.
If only we could all be as succinct and direct with our ideas.
Starting a business is already terrifying and complicated enough. Do we need to make it more so with long, boring business plans? I think not. If you’re struggling with your business plan, use these tips to get you back on track:
  • Don’t feel like you have to reinvent the wheel — use a business plan template to get you started. You can always customize it to suit your purposes.
  • Do your research, but remember that you don’t have to include it all. You can always keep in-depth information about your market and competitors on hand without trying to cram everything you know into this one document.
  • Be sure to explain clearly and as briefly as possible why your idea will work. Don’t get so bogged down in explaining it or how it works that you forget to highlight the main point: why it’s different and awesome.
  • Take a critical pass over the entire plan and ask yourself, what can I remove without negatively affecting the quality of this plan?

Comments

Post a Comment

Popular posts from this blog

Does he have a private Jet? See Top 10 facts about the Pastor Kumuyi you did not know (Photos)

Image
Nowadays, owning private jets is the new trend for Nigerian pastors. It is so rampant that we have to wonder if Jesus would agree to have one if he was in the shoes of these same pastors today. Here we will try to find out whether William Kumuyi has his own luxurious vessel or not. This would be interesting. Famous Pastors like Ayo Oritsejafor, Bishop David Oyedepo, Enoch Adeboye and Pastor T.B. Joshua are Nigerian pastors that have already been reported to have private jets. Various arguments have been put forward for and against the issue of procurement of a N4 billion aircraft by the General Superintendent of the Deeper Life church. Recently Pastor Kumuyi was called one of the 500 most influential people on the planet apparently owing to his reach in Christendom via his mega church. Pastor Kumuyi is arguably a bigger preacher and pastor than most of the jet-setting pastors, but it is not clear yet if he owns one. What is certain is that he lives a little below the radar...
Read more

Exclusive 18+ Photos Afia Schwarzenegger caught cheating

Image
The host of "Angetainment" show on Angel TV was caught red-handed by her husband, Lawrence Abrokwah. Ghanaian Comedienne and TV personality, Valentina Nana Agyeiwaa aka Afia Schwarzenegger has been caught cheating on her husband, according to Mynewsgh.com report. The host of "Angetainment" show on Angel TV was caught red-handed by her husband, Lawrence Abrokwah In a 2:23 minutes video recording of the entire incident believed to have happened at the home of Afia Schwarzenegger, Mr Abrokwah budges into the room that appeared not to have been locked and found the two lovers naked in bed. Mynewsgh report continued, he is heard asking the man whose face cannot readily be identified if he is unaware Afia is a married woman amidst shouts of  “Ashawo! Ashawo!”  to wit prostitute. Out of shame, Afia in defense rushed into the bathroom for a towel to cover herself and asked what he was doing in the house and who invited him. Abrokwah who claims to hav...
Read more

IINTERNATIONAL BRANDS, GHANA SIGNS AN MOU WITH GANGNEUNG YEONGDONG UNIVERSITY

Image
The International Brands and Jebacoci Company Ltd , Ghana and South Korean University Gangneung Yeongdong College (GYC) , have signed a mutual agreement on academic and industrial exchange program. This is set to deepen the lasting relationship that exist between Ghana and South Korea This memorandum of understanding was facilitated by the CEO of IBG and Jebaccoci company Ltd, Mr John Kofi Appiagyei and the president of GYC ,Mrs Hyeon In-Suk , the board chairperson of the college . This agreement that was signed in South Korea was witnessed by the president of the college professor Brian Park and other faculty members. The core objective of this agreement is to ensure students from both countries go on exchange programs to benefit from the rich academic and industrial internship experience as well as learn from the culture both countries have to offer. This will also include two to three years diploma programs and other short sandwitch courses being offered by the college.As part...
Read more