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Bad advice for entrepreneurs
#26

Bad advice for entrepreneurs

About business plans: business plans constantly change especially when getting started up. Business plans can be a huge waste of time. I prefer the business model canvas. Its faster, more flexible and realistic.

Lets just say you want to start a company for lawn mowing. The number one thing to do is find clients and start working and making money. Without clients, the greatest business plan in the world will go no where.

If you have 100 million cash and want to start a huge corporation then you should still start by researching in depth who your clients are going to be. Who is the boss? The clients. Who is going to pay you the money? The clients.
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