tackle business

"Gone Angling" wrote in message
...
Sounds like it should be small (and stay small)

Nope, there is never a good reason to "PLAN" on staying small! Any good
business plan WILL include growth. Either in sales, foot traffic, profit,
larger store, and others, or any combination of these.

and something different. It
will only be fun if you have some dough stored away that you don't mind
throwing at it. In other words you are prepared to sustain a loss.

If you prepare to take a loss, then you will fail (and have "fun" doing
so?). Even planning for success can fail, but at least you planned for
better than losing.

Suppose you don't take a war games attitude to it and approach it much
like
angling itself.

Angling consists of "hoping" that you will succeed today. In business, you
have to plan on succeeding next week, month, and year. War games are for the
military, business plans are for business.

In any case i do believe that it can be done and a gone angling
type of life can happen too.

Yes it can, but you have to plan the business to be able to work when you
are not available (employee's that are capable), or the "gone angling"
attitude will be colored by all the thoughts of "what I used to have"!

Cast far
Bob

If you plan on growth it will take a long time and lots of sweat equity...f&&
that. My plan is fun, status, flexibility, low overhead, resist growth and gone
angling

Evening folks,

As an entrepreneur, I have to take exception to the advice that you're
handing out here Bob. Although I'd agree that all businesses should "plan"
to grow - and to mature, I really can't disagree strongly enough with your
comments concerning being prepared for failure. Yes, you have to plan to
succeed, but you must also have plans in place to deal with the very real
possibility that you might fail. Going in to a business plan with no
thought for loss, or for delayed success that can severely strap cash flows,
is a guaranteed way to end up flay on your face. You must always have a
fall back position...a reserve against unforeseen circumstances. (Remember:
All battle plans are brilliant until first contact with "the enemy", or in
the business world "reality".)

I also disagree that business plans are not battle plans. They have a great
deal in common - why do you think so many executives extol the virtues of
Sun Tzu "The Art of War"? Business and battle are very much the same. Both
require strategic and tactical thinking. Both required variable degrees if
flexibility and rigidity. There are allies, innocents, and opponents.

To those reading this who are not business people, but who are thinking
about becoming such, a very good rule of thumb is to plan for the best, but
prepare for the worst, and always keep your options open. I can not tell
you how many times Innovative has evolved almost literally in front of my
eyes.


DK

"Bob" wrote in message
news:IXxwb.292525$HS4.2630883@attbi_s01...

"Gone Angling" wrote in message
...
Sounds like it should be small (and stay small)

Nope, there is never a good reason to "PLAN" on staying small! Any good
business plan WILL include growth. Either in sales, foot traffic, profit,
larger store, and others, or any combination of these.

and something different. It
will only be fun if you have some dough stored away that you don't mind
throwing at it. In other words you are prepared to sustain a loss.

If you prepare to take a loss, then you will fail (and have "fun" doing
so?). Even planning for success can fail, but at least you planned for
better than losing.

Suppose you don't take a war games attitude to it and approach it much
like
angling itself.

Angling consists of "hoping" that you will succeed today. In business, you
have to plan on succeeding next week, month, and year. War games are for
the
military, business plans are for business.

In any case i do believe that it can be done and a gone angling
type of life can happen too.

Yes it can, but you have to plan the business to be able to work when you
are not available (employee's that are capable), or the "gone angling"
attitude will be colored by all the thoughts of "what I used to have"!

Cast far
Bob