ACTION IS THE KEY!

Time to set you plan in motion.

Planning is not all that it is touted to be! Taking action is what makes things happen. Sydney Harris was quoted as saying “Regret for the things we did can be tempered by time; it is regret for the things we did not do that is inconsolable.

There is a myth that says that in order to reach our vision we must “think positive”. That alone will never help you reach your vision. The key word should be your action, keeping focused on the vision and always taking a step forward.

As small business owners we know what we have to do to reach our goal. Unfortunately, many small business owners “do a lot of thinking and very little doing”.

I agree that foundation planning is essential, but the rest of the planning steps that are advocated by the old business school methods no longer work in this day of constant change.

All you need in the way of a Business plan in order to start is the following:

• Vision
• Specific description of your product/service
• Value Proposition
• Define and validate your target market.
• Write your story

Once these four items are in place you are ready to take action and start the selling of your product/service. The rest of the plan can grow with you. You will find this format explained on the new education tab labeled Vison Based Business Plan. This new format will be available within the next 30 days on your BizQuack Dashboard.

Yes, there are another 20 plus requirements needed to grow a sustainable and profitable business, but you don’t have to have them all in place before you take action.

All the planning in the world won’t help if you don’t take action!

Tips & Advice by Nick Petra – CFP, Mentor, and founder of BizQuack and Strategic Duck