Business plan? What for?

New companies are born out of ideas that become projects. Then business plans that serve as a guide in their execution and to raise funds to be able to launch them into the market. However, business plans are of little use to some mainly for three reasons:

1. The complexity of the many variables that compose them (strategy, team, marketing plan, financial forecast and execution program) and that must also interact with each other;

2. The uncertainty that the unstoppable and accelerated progress of technology generates, continuously modifies consumption habits and quickly converts existing business models into obsolete;

3. Hardly foreseeable aspects such as geopolitics that may slightly or greatly affect the viability of the project.

If we also add that investors who read them will hardly believe the reflected financial calculations, since “Excel holds it all”, we have few arguments left to dedicate sweat and tears to such a beautiful document.

Despite these prominent arguments, as well as others sometimes no less important, business plans are nevertheless good guides if they clearly show us the way forward towards the final purpose, whose layout must necessarily be corrected throughout the journey. to adapt to the unpredictable changes.

However, many leaders and entrepreneurs have difficulties in defining a clear vision that can inspire stakeholders, especially their collaborators and future clients. Not questioning the fundamental aspects and the subsequent development of their actions inevitably leads to inconsistencies and confusing messages that result in failed businesses, mediocre results, demotivated work teams and unsatisfied investors. Simon Sinek in his bestseller “Start with why” very aptly shows how this simple question, which must necessarily be formulated by all leaders at the beginning of their strategic plan and communicate it properly, can lead to the success or failure of any project.

It is curious to see that despite its importance many leaders still ignore this fundamental aspect. How can we motivate our teams without sharing the core values ​​or communicating the meaning of our idea or project? Moreover, some still lack a clear idea of ​​what they intend to achieve in the long term and “push” in any direction, sometimes even in opposite directions! In addition, I find more and more entrepreneurs than by their nature (say vision, enthusiasm, ambition and risk capacity) based on a business idea they concentrate on making great and beautiful presentations to try to attract investors – desperately in many cases – but which obviate the “why” of their project, as well as to reflect and justify it in the business plan, a fact that will hardly inspire and attract interested parties unless they are excessively impulsive and to obtain fortuitous results. Challenging them in this area is a joy and when they see (and accept) being naked in strategy they are helped to define it and refine the message to be transmitted.

Many of them, even some investors, come with personal justifications as if they themselves represent the market to which they are going to go with the same guarantees, and sometimes absurd conviction, such as when you buy a lottery ticket and you think you’ll be winner because it’s your lucky day. Did they forget the importance of marketing? Ideas, no matter how good and beautiful they may seem, are not “sold” if the emotional part of those who integrate the same values ​​and beliefs is not addressed. In addition, the sense that the project can have is definitely a very powerful stimulation lever in organizations and that in most cases it is unknown or not given the importance it deserves to attract and preserve talent. But are we talking about leadership or strategy? If we refer to the previous drawing and confront it with the following one, we will see that both come together since inspiring and defining the strategy to be implemented lies in the function of any leader, whether in view of a project, a company or even a political program. Then it is up to the directors of each area to define how to implement the strategy and finally to the subordinates to execute it.

And you, how do you carry your own inspiration and how do you transfer it to your collaborators? Have you already designed a successful business plan for your projects?

This Post Has 18 Comments

  1. Like!! I blog frequently and I really thank you for your content. The article has truly peaked my interest.

  2. Pierino

    Hi! Thank you for your interest.
    You can follow me in Twitter @stratecrea

  3. 더킹카지노

    You’re so awesome! I don’t suppose I’ve truly read through
    something like this before. So wonderful to discover somebody with
    some unique thoughts on this topic. Really..

    thanks for starting this up. This web site is one thing that is required on the internet,
    someone with a bit of originality!

    1. Pierino

      Hi there and thank you for your message and compliments.
      My thoughts come from my own experience in creating Business Plans and launching projects.
      Thanks God I’m a bit original. If everybody would do the same and have the same thoughts life would be very boring 😉
      Don’t you think so?

  4. vreyro linomit

    Youre so cool! I dont suppose Ive learn anything like this before. So nice to search out any individual with some unique thoughts on this subject. realy thanks for starting this up. this website is something that is wanted on the internet, somebody with a bit of originality. useful job for bringing one thing new to the internet!

  5. vreyrolinomit

    I have read a few just right stuff here. Certainly price bookmarking for revisiting. I wonder how much effort you put to make the sort of fantastic informative website.

  6. froleprotrem

    I am incessantly thought about this, regards for posting.

  7. zortilo nrel

    I am constantly searching online for posts that can aid me. Thank you!

  8. sbo

    It’s actually a cool and useful piece of information. I am happy
    that you simply shared this helpful information with us.
    Please keep us up to date like this. Thanks for sharing.

  9. slot online

    I was able to find good information from your content.

    1. Pierino

      Thank you. Hope it will be useful for you!

  10. I’ve been absent for some time, but now I remember why I used to love this blog. Thanks , I will try and check back more often. How frequently you update your web site?

  11. sbobet

    It’s in reality a nice and useful piece of information. I am glad
    that you simply shared this useful information with us. Please stay us up
    to date like this. Thanks for sharing.

  12. zortilo nrel

    My spouse and i got so excited when Louis could conclude his basic research because of the precious recommendations he got out of the site. It is now and again perplexing to simply be freely giving secrets that many some others might have been selling. And now we fully understand we need you to give thanks to because of that. These explanations you made, the easy site menu, the relationships your site give support to promote – it’s got most spectacular, and it’s really aiding our son and our family believe that that topic is excellent, which is certainly wonderfully vital. Thank you for everything!

    1. Pierino

      It’s a pleasure! Nice to hear it has been useful for you.

  13. storno brzinol

    This is a topic close to my heart cheers, where are your contact details though?

Leave a Reply