Podcast
Questions and Answers
What is one of the reasons why business plans fail due to the entrepreneur's goals?
What is one of the reasons why business plans fail due to the entrepreneur's goals?
The goals set by the entrepreneur are unreasonable.
What is a common pitfall of business objectives?
What is a common pitfall of business objectives?
The objectives are not measurable.
What is a potential issue with an entrepreneur's commitment to their business?
What is a potential issue with an entrepreneur's commitment to their business?
The entrepreneur has not made a total commitment to the business or to the family.
What is a potential weakness of an entrepreneur starting a new business?
What is a potential weakness of an entrepreneur starting a new business?
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What is a critical oversight that can lead to business plan failure?
What is a critical oversight that can lead to business plan failure?
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Unreasonable goals set by the entrepreneur is a common reason for business plan success.
Unreasonable goals set by the entrepreneur is a common reason for business plan success.
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Measurable objectives are a common pitfall of business plans.
Measurable objectives are a common pitfall of business plans.
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Lack of experience in the planned business is a key to a successful business plan.
Lack of experience in the planned business is a key to a successful business plan.
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Establishing a customer need for the proposed product or service is not essential for a business plan.
Establishing a customer need for the proposed product or service is not essential for a business plan.
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Total commitment to the business or family is not crucial for a successful business plan.
Total commitment to the business or family is not crucial for a successful business plan.
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