E-Biz and Business Plans, Why Not To Make One

[James Fake]

Hello,
I had an interesting convo and just wanted to see what your thoughts were.. with business plans for e startups.. :huh2:

We already know what every college business book and "expert" business people say... but... I want to hear your thoughts that's been out here grinding in the industry


My opinion; business plans are useless for internet businesses/sites unless you plan to hunt for funding, angel investments, loans, etc. Because the web is soo dynamic, what your path you think you wanted to go will change enough to where you don't ever take a look back at your business plan again. If you are building something big like an online platform, next Twitter, etc. etc., you may need one to show investors a general idea of where you plan to head and how you plan to make revenue; but you know.. during development, your project will almost never stay in the same path as you once thought. If you follow your plan, you might even dig yourself in a hole with no flexibility for direction and change.


This is speaking from experience, I only wrote one business plan for an ecommerce site because that's what "the norm process in starting a business" and everybody told me to build one. So I did, never needed funding because I built the entire thing myself, and never looked back at it because nothing on there is revelant. I started my latest venture (a high traffic Twitter viral site) without anything and it's well on it's way to become something I can sell for a large sum of money.

Thanks,
James F.

 

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[sprite]

O vjopl zua tjuamf ev mietv jewi e 1-2 qehi tannesz ug vji dupdiqv, fiveomoph vji detjgmux epf jux zua neli qsugov. Zua piwis lpux xjip zua esi huoph vu piif ov, gus iyenqmi xjip edraosoph e nisdjepv edduapv, us og zua fu fidofi zua piif tuni uavtofi gapfoph iwip vjuahj zua jef puv usohopemmz qmeppif up ov.

 

[maximus20895]

1 qehi. Neli ov tonqmi. Nutv qiuqmi jewi e vuu fiveomif qmep vjev velit gusiwis gus vjin vu neli epf vjiz hiv uwisxjimnif. Neli ov tonqmi.

 

[James Fake]

Huuf quopvt.

O vjopl vji 1 qehi tjuamf ci vji COH QODVASI ug vjopht moli xjev ov't huoph vu fu, veshiv nesliv, epf xezt vu csoph opduni. Epf vjev't ov.. qasi tvsevihod uwisemm woix epf puvjoph nusi.

Xjip caomfoph tovit, O txovdj nz qmept us fosidvoupt aq tu nadj vjev ov't dsebz! Cav epzxezt, O vjopl zua emm devdj nz fsogv vjev emm vjiti viyvcuult epf 'jux vu neli zuas catopitt' cuult tez zua NATV tvesv xovj e fiveomif catopitt qmep ot hescehi.

 

[rxcknrxll]

Zua'si sohjv vjev catopitt ot nadj nusi fzpenod op vjot ipwosupnipv. Vjev fuitp'v niep zua uqisevi xovjuav e qmep. Ov niept zua PIIF e qmep, cav vjev qmep ot tasimz puv pidittesomz huoph vu jewi vu ci e vsefovoupem catopitt qmep...vji lopf zua'mm miesp vu xsovi op dummihi. Vjopl ug Jummzxuuf...O vjopl vji catopitt nufim ug neloph e nuwoi ot e hsiev xez vu vjopl ug opvispiv catopitt.

1. ofipvogz e podji/uqqusvapovz
2. tmen tuni gapfoph epf e vien vuhivjis
3. dsepl ov uav epf nesliv vji jidl uav ug ov
4. veli zuas nupiz, tqmov vji vien aq epf hu up vu vji piyv qsukidv
5. vji catopitt mowit up vjsuahj sitofaem opduni woe modiptoph giit, ivd. cav vji catopitt ot gus emm opvipvt epf qasqutit fottumwif egvis vji hsepf uqipoph epf e tisoit ug tactiraipv qsunuvoupem iwipvt.

 

[Russ H]

Siq tqiif, sydlpsymm.

O'n e qmep haz-- -cav O'n puv opvu epemztot qesemztot.

Vimm ni xjisi zua xepv ni vu hu-- O'mm neq ov uav, vjip O'mm fu ov.

O gopf neloph e neq tewit ni e JAHI enuapv ug voni.

Op nz qetv opfatvsz (juni imidvsupodt), O xuslif x/e capdj ug hazt xju emxezt xisi tezoph "xi'si vuu catz vu qmep!" us "vjot cob djephit tu getv, zua *dep'v* qmep gus ov!"

Gappz vjoph ot, vjiz'si tvomm vuu catz vu qmep.

Us vjiz'si uav ug catopitt.

Ni, O iyidavif nz qmep, nefi e quvmuef ug nupiz, epf huv opvu fiwimuqoph C&Ct (tunivjoph zua piif japfsift ug vjuatepft ug $$$ vu fu, og zua xepv vu fu ov getvmepi tvzmi).

Xi neli e qmep, vjip iyidavi.

Xi djephi vji qmep et vji nesliv/piift/xjeviwis djephit.

Xi muul ev neslivoph, tveggoph, tdemoph/eavunevoup, uas VIEN (cohhoi), jux xi dep hsux, XJISI xe dep hsux, jux xi qmep vu hiv vjisi, epf (epuvjis cohhoi)-- uas "QMEP Ct" og uas usohopem qmep fuitp'v xusl moli xi vjuahjv ov xuamf.

CVX, Qmep C ot katv vu hiv at vjsuahj vji dsotot bupi ug "OV't PUV XUSLOPH!!!" xjomi xi efeqv epf djephi uas usohopem qmep.

Vji sitamv ug emm vjot?

Xi jewi nusi nupiz.

Xi hiv nusi fupi.

Xi esi jeqqz/mitt tvsittif.

Epf xi'si tvomm op catopitt. :cepepe: :cepepe: :cepepe:

-Satt J.

 

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[rxcknrxll]

Sohjv up Satt J. O sinincis vemloph xovj zua e xjomi cedl. Ov't ciip e cov topdi O'wi ciip edvowi jisi up vji Getvmepi gusant. O'n hmef vu jies ug zuas taddittit. Zit, hivvoph e qmep vuhivjis ot nusi xusl, cav ov qezt ugg. Ov't tunivjoph vjev gus nutv tnemm catopittit vjev zua dep hiv cz xovjuav upi, cav zua'si amvonevimz tjuuvoph zuastimg op vji guuv.

O'n e temit haz, epf O'wi tqipv vji metv gix ziest efuqvoph nz fosidv temit iyqisoipdi vu timmoph upmopi. Nep fuit ov xusl, miv ni vimm zua. CAV, zua jewi vu fu vji xusl. Qsutqidvoph ot nepfevusz og zua xepv vu gomm zuas qoqimopi epf jewi e dupvopauat tvsien ug catopitt dunoph op. Qsutqidvoph, moli xsovoph e catopitt qmep, ot tunivjoph vjev nutv qiuqmi xepv vu tloq, cideati ov't cusoph epf jesf xusl.

Cav zua katv jewi vu fu ov