You may find this is not a question that you want to really answer. Maybe you are uncomfortable with the question.

When was the last time you looked at your business plan?

Or maybe we should start with ... when was the last time you updated your business plan? Or even the mundane, do you have a business plan?

Recently I was speaking with the owner of a Animal Clinic and she was telling me about the process required to get the bank loan for all the expensive x-ray and surgical equipment needed to start the clinic. As she was talking about what she did when writing the business plan for the bank she giggled and said.

"I just made it up! And they believed me!"

I was surprised at what was a revelation to her. 

Yet, that is what planning is, making stuff up. An "educated" guess. Still, it is amazing the results you can get from making stuff up if you then set in place the steps to actually make those outcomes come true. This is why I wrote the ebook that we give as a free gift on this site, called "7 Steps to Creating an Internet Business". Go ahead and sign-up on the right and you will get the book too. 

Having written more business plans that I can count, including ones that reached into the multiple millions of dollars of captial investment and sales projections, I can say that they really do work. Especially if you can really fill in the details for your marketing and financial planning. Do not underestimate the value of a detailed financial plan.

Add to your team with advisors if you cannot find a logical way to create answer with a compelling story. There should be reasons behind your story. It must be plausible.

When you get the ebook, really contemplate the answers to each of the questions. Write out as much detail as you can think of. After all, this is your business dream and it deserves your entire attention as you imagine it.

Then execute it into existance. Don't forget to recruite advisors who have been there done that, along the way.

Trying to go it alone is the fastest way to failure, and I personally learned that lesson in my first technology business when I was 24. I had the customers, the product, and the value proposition. I needed someone to help me manage cash flow by funding operating capital. Instead, I had to walk away and it was 3 years before anyone had a competitive product to mine. 

Plan to succeed!