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» Trivia on Business Planning
Every minute an individual spends planning their goals, activities and time in advance saves 10 minutes of work in the execution of those plans.
Careful advance planning gives you a return of 10 times, or 1,000 percent, on your investment of mental, emotional, and physical energy.
More than 80 percent of new businesses fail. Why? One reason is they fail to ask these questions about each product or service before opening their doors.
Is it important to the customer?
Is it unique to this company, product, or service?
Is there a sustainable competitive advantage?
Is it memorable?
Is its advantage easy to prove?
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