10 Steps to Open for Business

Step 1: Create a Life Plan

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Using your Life Plan

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It’s very important to print your Life Plan and keep it in plain view. You’ll find that its presence—even in your peripheral vision—will constantly remind you of what you want, what’s important, and what to do next.

Ideally, you should also revisit your Life Plan periodically to measure your success and to make adjustments and additions where appropriate. It’s okay if things change over time—life is a fluid and dynamic thing and your Life Plan should be, too!

Use your Life Plan to provide context for strategic decisions you make—including what niche you choose to operate in, what business model you’ll use, whether you’ll have lots of employees or a home-based, one person operation.

Most importantly, your Life Plan will position you to do what you LOVE and that always brings out the best in an entrepreneur.

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Comments

rarebreedz rarebreedz Posted: 8/6/2008 6:27:59 AM

I can honestly say I feel like I have a sense of direction now. Without this Life plan I would stll be lost....

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clouseth clouseth Posted: 7/20/2008 1:25:09 AM

I feel inspired, thank...

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projectspin projectspin Posted: 7/4/2008 12:52:02 AM

This is so inspiring, thank...

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Rich Rich Posted: 6/15/2008 3:27:43 PM

tamiko,   this must mean that, like we sloan bros, you didn't attend your college classes hardly at all!   glad to have you in our community and that you're learning here. ...

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