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My Plan

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Luke12321

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
Jul 27, 2007
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North Carolina
Ever since I have been about 16, I want to own a business. Now I am 22 and still no progress. It is frustrating, I think about possibly business ideas all the time. I have tried MLM, a web business with a friend, and other small ventures. All failed. I learned a lot from all the failures so it is something I do not regret. After reading the success of others here at fastlane, I am ready to make another go at it. Before I continue, I am currently a full-time E (Well, 30 hours a week) and go to school full-time. I am on pace to graduate about two years from now. Here are my plans for the next two years.

From Nov 07- June 08 (big gap because real busy with other obligations)
1. Continue going to school.
2. Continue working.
3. Read related books to my plan.
3. Read forums and E-Books on my plan.
5. Spend minimum of 5 hours a week on preparing my business.

July 08-Sept 08
1. Continue going to school
2. Continue working
3. Continue reading/learning about business.
4. Launch website and marketing campaign. (small scale)
5. Improve business operations and profitability.

Oct. 08-Dec 08
1. Continue school
2. Continue working
3. Still reading and learning about business (ALWAYS)
4. Improve profitability

This is my plan for the next two years, over the next two years I am gong to keep you guys informed on what I am doing. Why would I do this? It motivates me not to be lazy! I don’t want YOU to think I am lazy and not moving towards and into the fastlane!

Wow…two years of my lift planned out! I am sure the plan will be modified as we go but hopefully I will be accelerating through this plan, rather than lagging behind making excuses.

My business idea is online, B2B, service based, BTW. :)
 

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JScott

Legendary Contributor
EPIC CONTRIBUTOR
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Aug 24, 2007
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I would *highly* recommend spending the next couple months writing a business plan to outline your business, your goals, your methodologies, and your step-by-step activities to achieve success.

Once you have the business plan, you can solicit feedback to find out if your plan seems viable (and detailed enough), and then get to work executiing on it.

I find that a lot of people start a lot of different things and never finish anything because they haven't thought through the steps they need to take to get something to "completeness."
 

Luke12321

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
Jul 27, 2007
665
204
115
North Carolina
Thanks, I will be laying out a business plan for my idea before anything is launched. I failed to do this in the past and it is something that will not be repeated. Thanks for the sound advice. I am going to be posted some goals up here soon along with some books that I am reading.
 

Redshft

Contributor
Nov 5, 2007
554
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Greenville, NC
It sounds a bit like my plan. I've gone to school, graduated, worked, started a business, failed, got laid off, now I am back in school. After reading some success stories though, I am ready to brush my shoulder off and try starting another business. Where in NC are you and what school are you attending? I am at ECU and plan on starting a web business by the first quarter of '08.
 

Sid23

Bronze Contributor
Speedway Pass
Aug 9, 2007
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Another point I would make is that if you have been "thinking" about business ideas for the past 4 years and have yet to take action, make a business plan like JScott suggests and TAKE ACTION NOW. Why wait until July 2008 to get started?

It takes one to know one. Trust me. I've been "thinking" since 2003.
 

Luke12321

Bronze Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
Jul 27, 2007
665
204
115
North Carolina
Thanks for the reply. I am going to Gardner-Webb but through my local community college at night. I am close to Wilkesboro, NC. I either am working or at school every night during the week so I stay busy. Am I putting it off? Yes. I just feel that my knowledge of marketing online and building a web business is not where I want it to be when I make a launch. BTW, I enjoyed my pack beating up on ECU in football. Basketball is just around the corner as well! haha :)
 

Redshft

Contributor
Nov 5, 2007
554
22
49
Greenville, NC
BTW, I enjoyed my pack beating up on ECU in football. Basketball is just around the corner as well! haha :)

HAHA, that was an upsetting day for us Pirates. at the tailgate just about every Pack fan i talked to said it was going to be a sad day cause we were going to put a whooping on them. definately wasnt the case, i didnt even feel like going out to the bars afterwards. hell i wanted to go home and cry myself to sleep.
 

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