Comments on: Who needs a business plan? http://someventure.com/2006/09/02/who-needs-a-business-plan/ Join me in real-time as I attempt to step outside the cube and build a web business. Should be good! Sat, 30 Aug 2008 11:12:09 +0000 http://wordpress.org/?v=2.2.2 By: Cory http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-298 Cory Mon, 29 Jan 2007 18:23:35 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-298 WOW! I've read up to this point and will continue to read to get caught up. Let me just say i'm glad i found this site. Just recently, i decided to take on a venture of my own and just started doing things. From reading this far, you have definitely given me a bit more of an idea of what i need to do. my idea is more of a local venture with some online entities to it. anyways, i couldn't hold my urge to post any longer. not to mention, i'm a web designer by trade...at least for the past 7 years. i look forward to reading more and seeing how far along things are. WOW! I’ve read up to this point and will continue to read to get caught up.

Let me just say i’m glad i found this site.

Just recently, i decided to take on a venture of my own and just started doing things. From reading this far, you have definitely given me a bit more of an idea of what i need to do.

my idea is more of a local venture with some online entities to it.

anyways, i couldn’t hold my urge to post any longer. not to mention, i’m a web designer by trade…at least for the past 7 years.

i look forward to reading more and seeing how far along things are.

]]> By: JJ http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-50 JJ Wed, 20 Sep 2006 15:28:56 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-50 I think if you continue to keep a dynamic plan, w/ a realistic analysis of your initial and long term profit potentials....your business plan will adjust accordingly to evolve from a small time venture, to a potentially much larger business with several employees and several apps.....everything costs, so costs/benefits should always be as part of your goals. I think if you continue to keep a dynamic plan, w/ a realistic analysis of your initial and long term profit potentials….your business plan will adjust accordingly to evolve from a small time venture, to a potentially much larger business with several employees and several apps…..everything costs, so costs/benefits should always be as part of your goals.

]]> By: Something Ventured » Lesson of the Week http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-39 Something Ventured » Lesson of the Week Wed, 13 Sep 2006 01:39:44 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-39 [...] As I’ve mentioned in my business plan post, I’ll be attending the Small Business Fair this Saturday in Portland and am looking forward to the many workshops they’ll be offering. These ones, especially, caught my eye: [...] […] As I’ve mentioned in my business plan post, I’ll be attending the Small Business Fair this Saturday in Portland and am looking forward to the many workshops they’ll be offering. These ones, especially, caught my eye: […]

]]> By: Dave http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-36 Dave Fri, 08 Sep 2006 05:03:48 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-36 Be careful about targetting dollar amounts. Once you reach them, it can be a big letdown. Cuz what's money? A means. A means to what... ? Be careful about targetting dollar amounts. Once you reach them, it can be a big letdown. Cuz what’s money? A means. A means to what… ?

]]> By: Zack Jenks http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-33 Zack Jenks Thu, 07 Sep 2006 23:21:56 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-33 <blockquote>So perhaps the goal should be: To be able to quit my day job and sustain myself doing work I’m motivated to do and feel passionate about.</blockquote> Good point, but I also wanted to have a dollar figure goal for more precise planning and measurement. Once I have a financial goal (which is linked to the other goals), I'm better able to analyze how many users/ad's/etc. I'll need to reach that figure, as well as how big my target market should be, how much marketing I need to do to get that number of users, etc. It's also easier to evaulate your progress when there's a financial goal in place. <blockquote>Let me know when you find that great designer, as I need one too!</blockquote> Will do Dave! I hope to have my designer selected tomorrow sometime. I'll post more about it after the hire.

So perhaps the goal should be: To be able to quit my day job and sustain myself doing work I’m motivated to do and feel passionate about.

Good point, but I also wanted to have a dollar figure goal for more precise planning and measurement. Once I have a financial goal (which is linked to the other goals), I’m better able to analyze how many users/ad’s/etc. I’ll need to reach that figure, as well as how big my target market should be, how much marketing I need to do to get that number of users, etc. It’s also easier to evaulate your progress when there’s a financial goal in place.

Let me know when you find that great designer, as I need one too!

Will do Dave! I hope to have my designer selected tomorrow sometime. I’ll post more about it after the hire.

]]> By: Dave http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-30 Dave Thu, 07 Sep 2006 00:32:20 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-30 Agreed, focusing on the money may not be the best motivator. So perhaps the goal should be: To be able to quit my day job and sustain myself doing work I'm motivated to do and feel passionate about. Good goals are important. How else do you know if you've met them? I'm totally with you on the team of 3 thing (long term). It's a team of 1 at the start. Let me know when you find that great designer, as I need one too! I'll bet the market is much better for designers than programmers, as they seem much rarer, at least those reading blogs. Agreed, focusing on the money may not be the best motivator.

So perhaps the goal should be: To be able to quit my day job and sustain myself doing work I’m motivated to do and feel passionate about.

Good goals are important. How else do you know if you’ve met them?

I’m totally with you on the team of 3 thing (long term). It’s a team of 1 at the start. Let me know when you find that great designer, as I need one too! I’ll bet the market is much better for designers than programmers, as they seem much rarer, at least those reading blogs.

]]> By: Zack Jenks http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-28 Zack Jenks Wed, 06 Sep 2006 19:28:48 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-28 The dream team of 3 is a year or two out btw. Initially, it's all me, with some outsourced design work here and there. Then, if I choose not to partner with a designer, I'll hire on #2 when I can afford it. Eventually, I would also like to start handing off some of the programming and that's where #3 comes in. This will allow me to focus more on the business end of things. The dream team of 3 is a year or two out btw. Initially, it’s all me, with some outsourced design work here and there. Then, if I choose not to partner with a designer, I’ll hire on #2 when I can afford it. Eventually, I would also like to start handing off some of the programming and that’s where #3 comes in. This will allow me to focus more on the business end of things.

]]> By: Zack Jenks http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-26 Zack Jenks Wed, 06 Sep 2006 14:58:16 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-26 Thanks Dave! Yeh, you might be right, I probably should aim higher. 10 Million though? Wow! That sounds like a Dr. Evil figure, lol. When I say 100K/yr, I am referring to my personal gain. After <del>taxes and</del> salaries and other expenses are paid. That's significantly more than I'm making now and it sounded like a good number to me, so there really wasn't much logic beyond that. Although for me it's not all about the mulah. Money is important, but the most important thing is that I will be my own boss, do great things, escape the cube, and have the flexibility to enjoy life a little more. I need 1 designer, 1 programmer, and 1 me. I would help out with programming and designing but my main responsibility would be project management and marketing. Marketing is key! Thanks Dave! Yeh, you might be right, I probably should aim higher. 10 Million though? Wow! That sounds like a Dr. Evil figure, lol.

When I say 100K/yr, I am referring to my personal gain. After taxes and salaries and other expenses are paid. That’s significantly more than I’m making now and it sounded like a good number to me, so there really wasn’t much logic beyond that.

Although for me it’s not all about the mulah. Money is important, but the most important thing is that I will be my own boss, do great things, escape the cube, and have the flexibility to enjoy life a little more.

I need 1 designer, 1 programmer, and 1 me. I would help out with programming and designing but my main responsibility would be project management and marketing. Marketing is key!

]]> By: Dave http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-25 Dave Wed, 06 Sep 2006 04:49:37 +0000 http://someventure.com/2006/09/02/who-needs-a-business-plan/#comment-25 Dude, IMO, 100k/yr is not a high enough goal. You can work for a company and make that much, quite easily. How about shooting for being worth 10million in 3 years. BTW, I'm impressed with you blogging about your plan. By announcing it, you're holding yourself accountable. Oh hey, why 3 people? You only need a programmer for the engine, and a designer for the UI. Dude, IMO, 100k/yr is not a high enough goal. You can work for a company and make that much, quite easily. How about shooting for being worth 10million in 3 years.

BTW, I’m impressed with you blogging about your plan. By announcing it, you’re holding yourself accountable. Oh hey, why 3 people? You only need a programmer for the engine, and a designer for the UI.

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