Lesson 4

After writing nine different business plans as well as reading the Business Plan Development by Harvard Manage Mentor at least four different times you would think that it would be easy to write a one page business plan for a $100 Business.  I don’t know if it is because it is for real or not a passionate product I am selling, but it was hard to come up with what to put into the business plan.  Just from this experience I recommend always having a business based off of something you are passionate about, it will be easier to accomplish your goals and to create your business.  I did finish the Business plan and it is almost ready to be submitted, I think I am going to keep most of my business plans to only one page, it makes life easier and after taking a few classes this semester on business writing, if I can’t convince that my company is an amazing one to invest or buy from in one page I probably shouldn’t have that business.
A few insights that I learned this week:
1. Work on your business instead of in your business, the business is the product to the entrepreneur.
2. Keep your integrity, honesty and faith in God while being an entrepreneur because if all else fails, you will have your faith and integrity, which will go further than anything else in this life.
3. Keep everything simple and easy for your own sake but also for the sake of others that you want to invest in your business and those who want to purchase the good or services from you.
4. If your business is honest and you are a honest business owner, God will bless you.