Do You Need a Business Plan?
I think that traditional business plans are mainly for convincing banks to lend you money, or for organisations with a strong corporate structure.
A business plan is for SOMEONE ELSE.
What would be more effective is something designed for YOU.
My personal opinion is that a business plan should be replaced with:
1. The Vision
The Vision is your image of how things will look once you’ve transformed your lump of clay into something alive, mature, and that facilitates your lifestyle and your dreams. The Vision has to be highly personalised. It may take on any form e.g. an image, a colour, a document etc – whatever speaks to you. Something that you give meaning to. The Vision is adaptable and will evolve.
Habits trump goals or plans. Uncover what the correct habits are, and then to commit to them. Ceaselessly practicing the right habits will achieve the Vision.