Comments on: Business Plans Are Bullshit

By: Brian Armstrong

Brian Armstrong — Fri, 31 Oct 2008 05:46:36 +0000

Cool, thanks for sharing the link Chris. Nice looking Blog.

By: Chris - Manager's Sandbox

Chris - Manager's Sandbox — Wed, 29 Oct 2008 14:25:48 +0000

Brian,

Sorry I missed your reply to this a few weeks ago. My current blog, Manager’s Sandbox, was up and running in 3 weeks. I wrote a 2 paragraph business plan in about 15 minutes and then went to work. You can read about my experience here: http://managerssandbox.com/take-the-leap-start-your-own-business-in-your-spare-time/

Great resource here - thanks for everything!

- Chris

By: Entrepreneurs don’t worry about the economy. We have busines to do…

Entrepreneurs don’t worry about the economy. We have busines to do… — Sun, 26 Oct 2008 14:00:58 +0000

[...] why business plans are bullshit and you shouldn’t borrow money to start a business… The best businesses in recent [...]

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 18:27:00 +0000

Thanks Gopal!

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 18:25:49 +0000

Good points John. It may work for some people. I think it’s valuable to understand financial statements and what not for sure. I guess the reason why I prefer this route is that I don’t see a shortage of people with good ideas. I more often see a shortage of people actually taking action on their ideas. So I’m more of the school of thought that people should stop thinking so much about doing something and just actually do it.

But there certainly is a time and place for formal biz plans. Hope you enjoy the site and thanks for stopping by!

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 18:21:10 +0000

I would agree. If you need to ask for money then you probably need to put something more formal together. But even in that case, it could probably be much simpler that most people imagine.

Famous VC Guy Kawasaki says “most of the plans that we see at Garage are too long and too detailed—to the point of reducing credibility”

http://blog.guykawasaki.com/2007/01/is_a_business_p.html

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 18:09:40 +0000

Thanks :) I try to entertain myself so glad I’m not the only one.

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 17:27:11 +0000

Good point satollo. In projects that require large capital investments it’s probably worth putting a more traditional biz plan together.

By: Brian Armstrong

Brian Armstrong — Sat, 11 Oct 2008 17:23:37 +0000

Thanks Chris, any sites you’ve launched quickly that you want to share? Always good to see other examples.

By: Gopal

Gopal — Sat, 11 Oct 2008 03:35:10 +0000

Cut out the Red Tape and first look within yourself to know what you are truly passionate about and what will be required of you to have lasting success. Have a big picture view of what you want to do with your business and then know the key elements that will either make or break it. Don’t spend too much time on intricate details that will bog you down and frustrate you. You can spend a lifetime analyzing and procrastinating. Nothing will change in your life unless you make a move. You will have plenty of time to fill in the gaps as you go along but the important thing is to take action. Business plans may work for some but from my own experience there is no perfect way to get something done. Just do it! That is the plan. Success, G.

http://www.boom.thevfusiongroup.biz