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The Business Plan’s lack of value

Posted in Start-Ups by on the August 1st, 2007

Marc continues to make amazing posts on his blog. Check out this post talking about how a business plan really does not have much value as related to determining the success of a company. The main reason being is that you don’t know what it will take to be successful. The chances are you will need to revise the plan as you learn more about the industry.

He includes an excerpt from Randall Stross’s book about Thomas Edison, The Wizard of Menlo Park. I just ordered it from Aamzon as it sounds like a great book.

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