Chuck Blakeman, a serial entrepreneur and business success mentor, has somewhat of an uncommon viewpoint about business plans. Basically, it is his belief that a new company does not need a business plan to get started. Blakeman feels that preparing a business plan wastes time that could be spent actually doing the business. A business plan helps an entrepreneur plan for the future. But the flaw with that is the future cannot be foretold. Since the future is unknown, Blakeman says, “Implement now, perfect as you go” (Blakeman, 2011).
Blakeman, C. (2012). How: the worst, most asked planning question. Retrieved from http://chuckblakeman.com/2012/8/texts/how-the-worst-most-asked-planning-question
Courtesy of Loreal Hartwell