Restless nights, as a constant flow of ideas come rushing through. As I close my eyes, great ideas happen to just show up and not leave. At times, I’ve had the need to actually get up and write down some of those ideas. I know I’m not the only one that this happens to.
I’ve realized that if I don’t write down the ideas that I constantly think of, they promptly vanish, and I can’t remember them no more. That is why writing them down is so critical. Once the courage comes to do something about the idea, whether that’s a new recipe for next day’s dinner, the new social media platform that’s going to change the world, or the local business that’s going to revolutionize the small town’s economy in which I currently live in, Rexburg, Idaho, I don’t know where to start. In my Web Business Creation class, we started talking about the different business models that exist and the differences between them, when all the sudden it was mentioned; A PLAN.
A business plan is foundation, or the pillars for a business. Without a plan or an organized way to bring to live an idea, it will never happen. Creating a business plan and going through all the different aspects of a business, like the model, the product, the target market, current and future resources, the objective, and purpose will make wonderful ideas a reality.
As the discussion in class progressed, much was mentioned about how in order to come up great business plan and address a lot of those different aspects mentioned above, some research needed to be done. We needed to figure out what we really wanted to do and if it was possible to accomplish what we wanted to do in the current circumstances that we were in. We need to be realistic and go with our passion, what’s financially reasonable, and with something feasible.