Writing a Traditional Business Plan Vs. NeoBusiness Plan
After attending T Harv Eker's Never work again and watching many seminars on Rick Life Club and YouTube, Having attended Eben Pagan's Get Altitude seminar via DVD and reading and watching many other new business gurus, I never hear them talk about the need to write a traditional business plan. They all seem to stress marketing and writing content.
Recently I attended some live advertising promotional videos on the Continuity Blue Print system where this fella, Ryan Deiss, shows us a very specific business model on how his system of generating income works. It was very comprehensive and yet just a simple diagram to illustrate his business plan. But again no mention of a traditional business plan from him. And for $2997 he'll sell you the entire plan plus all the details and support. Fair enough perhaps with this neobusiness model and the inclusion of a complete system, perhaps there is no need for a traditional business plan.
But if I was to truck down to the S.C.O.R.E. office of the Small Business Administration, the grey haired gentleman would I'm sure repeat his mantra like he has in the past, "First thing you need is to write a business plan."
I see business plans good for at least two things. 1.) Raise capitol
2.) Force you to think through everything, or nearly. ex. USP, logo, your target market, marketing, cash flow, legal team, etc.
From the collective wisdom of this forum, I'm asking you to comment on what you think the roll of a traditional business plan is in this neo/nuvo hyped up business framework we are experiencing with the modern guru's of today. ie. Does Harv Eker even mention a business plan in his Guerilla Business School? If not why not?
Recently I attended some live advertising promotional videos on the Continuity Blue Print system where this fella, Ryan Deiss, shows us a very specific business model on how his system of generating income works. It was very comprehensive and yet just a simple diagram to illustrate his business plan. But again no mention of a traditional business plan from him. And for $2997 he'll sell you the entire plan plus all the details and support. Fair enough perhaps with this neobusiness model and the inclusion of a complete system, perhaps there is no need for a traditional business plan.
But if I was to truck down to the S.C.O.R.E. office of the Small Business Administration, the grey haired gentleman would I'm sure repeat his mantra like he has in the past, "First thing you need is to write a business plan."
I see business plans good for at least two things. 1.) Raise capitol
2.) Force you to think through everything, or nearly. ex. USP, logo, your target market, marketing, cash flow, legal team, etc.
From the collective wisdom of this forum, I'm asking you to comment on what you think the roll of a traditional business plan is in this neo/nuvo hyped up business framework we are experiencing with the modern guru's of today. ie. Does Harv Eker even mention a business plan in his Guerilla Business School? If not why not?