24-Hour Business Plan Template Quotes

“Brainstorm your big idea(s). (2 hrs) Identify your product, customer, competition, and sales/marketing strategy. (2 hrs) Identify your plan for operations, management, capitalization, and finances. (4 hrs) Create a life plan. (4 hrs) Validate your business idea. (8 hrs) Type up your finished business plan. (4 hrs) Execute and follow through on your plan.”
― Steven Fies, 24-Hour Business Plan Template

“So-called “perfectionists” (not unlike myself!) are the ones who need to be careful.  If this describes you, beware of your tendency to delay things until they’re “perfect.”
― Steven Fies, 24-Hour Business Plan Template

“Likewise, you can stand on a “virtual” street corner by asking members of online forums what they think of your idea. Reddit.com”
― Steven Fies, 24-Hour Business Plan Template

“Many business school professors will tell you to run surveys – i.e., get out there and ask real people if they would buy your product. One way to do this involves hiring a professional market research company to administer surveys to your target market in order to find out the likelihood that they will buy your product and at what price.”
― Steven Fies, 24-Hour Business Plan Template

“as significant as your written business plan is, your vision and follow-through are twenty times more important.”
― Steven Fies, 24-Hour Business Plan Template

“you should keep a brisk pace and a brief look into the psychology of perfectionism and assumptive thinking (so you can stay objective and avoid getting caught up in your head and failing to take action).”
― Steven Fies, 24-Hour Business Plan Template

“In 1926, Lee De Forest himself shot down the idea that television would ever exist, saying, “while theoretically and technically television may be feasible, commercially and financially it is an impossibility, a development of which we need waste little time dreaming.”
― Steven Fies, 24-Hour Business Plan Template

“1876, Alexander Graham Bell (inventor of the first successful telephone) attempted to sell his patent for the device to Western Union for $100,000. They rejected the offer, claiming the telephone simply “wasn’t capable of transmitting recognizable speech over several miles.” In 1880, the Stevens Institute of Technology publically proclaimed that Thomas Edison’s light bulb would never work. In 1901, Wilbur Wright thought it would be fifty years before we could make airplanes that would fly. It was only two years later in 1903 that he and his brother, Orville, had their first successful flight.”
― Steven Fies, 24-Hour Business Plan Template