Video: Why Business Plans


My students know how much I believe in doing a business plan.  Not unlike a lot of the things I believe in — like learning from history — that’s kind of out of vogue right now.  Many think you can’t predict the future anyway, so why try?  They say all that work on a business plan is just a waste of time, it’s out of date the minute you finish it.  Here’s my reasons for disagreeing.  (Sorry if this sound is a little low, I accidentally hit a switch on the sound system so you will have to turn it up a bit.)   Watch the video here:



  1. Fantastic page and simple to fully understand description. How can I go about getting permission to publish part of the post in my upcoming e-newsletter?