I’ve glossed over the last year of my life, and I’ve seen mostly struggle. I’ve had a couple of great days and those were amazing days; however, most of my last year has been full of pain on levels that I’d rather not describe. How I’ve managed to go through this with my sanity just about in check, I do not know. Does anything come easy? Doubtful.
The Good Stuff
This business took everything. Two marriages. Two cars. Homes. Money. Sanity. Everything. How ready are you to open a business?
There is no founder on the planet who has lost absolutely nothing in the process of gaining success. If anyone has ever told you that, call bullshit immediately. I refuse to believe that someone opened a business, and shot to success without hindrance of any form. The reason why I say that is because a business is like a needy baby with an ongoing temper tantrum and never eats anything you prepare for it. Constant resistance. Hey, if you’re reading this and you somehow magically were able to open a business and not have the entire world pull you back, then hats off to you. Please direct me to the fairies who assisted you.
We’ve all wondered if a business plan actually makes sense.
I didn’t do a thorough business plan for my first serious startup and it flopped, in ways I was not expecting it to. My justification for not taking the time to do it, was that it was all in my head and we didn’t need it because we were all aware of the financial milestones ahead, but I did not take into consideration that my two business partners weren’t psychic (neither were the employees) and probably needed validation that the idea would really work. Six months and six clients later, the partnership broke up, and the remaining two founders had no plan to keep us grounded and focused in the chaos and stress. So, we spiralled out of control until we hit ground bottom. And then we did a business plan.
But, how important is business planning?