“Business Plan is the fairy tale you tell investors to get money, even if you have zero clue how you’ll execute. Business Plan is less about what you know and more about what you hope will happen if the stars align and your competitors suddenly forget how to compete. Business Plan is less a plan and more a prayer; so pour yourself a strong coffee and start writing.” LeadershipEconomyEntrepreneurshipStartupBusiness Plan Book:Chaos.: Where dreams, disasters, and money collide. Source: Chaos.: Where dreams, disasters, and money collide.
“Business Model is the way you pretend to make money (and hope it works). Copying someone else’s model without understanding why it works for them. Ignoring the fact that “scaling” doesn’t automatically mean “profitable.” LeadershipEconomyEntrepreneurshipStartupBusiness Model Book:Chaos.: Where dreams, disasters, and money collide. Source: Chaos.: Where dreams, disasters, and money collide.
“The pivot is the official startup way of saying, “Well, that didn’t work, so now we’re going to pretend this was the plan all along.” Investors are conditioned to love pivots: because it means you’re still trying, even if you have no idea where you’re going. So go ahead, pivot like your startup’s life depends on it, because, spoiler, it probably does.” LeadershipBusinessEntrepreneurshipStartupPivot Book:Chaos.: Where dreams, disasters, and money collide. Source: Chaos.: Where dreams, disasters, and money collide.