, particularly for up-and-coming and would-be entrepreneurs. So in the grandest tradition of this venerable holiday, let’s take a moment and think about what makes a business plan work.
, because if you don’t, you’re liable to overlook important details or gloss over them with the assumption that the pieces are allor that things will sort themselves out. They won’t. You have to figure it out first. Find the holes in your plan and fill them. If you can’t convince yourself that this is a viable strategy, you have no business trying to convince others. If you need evidence of that, look no further than Elizabeth Holmes and Theranos.
It’s one of the biggest downsides of the last couple of decades, especially on the tech side, this sense that companies need to be driven by grand visions and high ideals more than by the meat and potatoes of actually building a business, something the “vision guys” like to leave to the “bean counters,” as if you won’t ever run out of beans. It’s the problem that gave us a decade of failed unicorn startups and spectacular collapses like WeWork and the aforementioned Theranos.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why Gen Z will be a challenge for your business - Dallas Business JournalAs with any new generation that enters the workforce, managers have been flummoxed by Gen Z. Experts say many businesses have a serious Gen Z problem they'll have to address to be successful, but it has nothing to do with the generation's vocal opinions, its willingness to change jobs or its work ethic.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Better Business Bureau warns of scam calls, more ahead of winter seasonThe Better Business Bureau, or BBB, is warning of scam calls and more ahead of the Chicago winter season.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
Elon Musk speaks out on 'Twitter Files' release detailing platform's inner workings | CNN BusinessTwitter owner Elon Musk spoke out on Saturday evening about the so-called 'Twitter Files,' a long tweet thread posted by journalist Matt Taibbi, who had been provided with details about behind-the-scenes discussions on Twitter's content moderation decision-making, including the call to suppress a 2020 New York Post story about Hunter Biden and his laptop. What mtaibbi did not do was go through each account that got handled and look at the tweets that got them banned. Did it violate twitter rules? Were they all dick pics? If so, what is the scandal? Do you trust Elon Musk 🤔
Source: CNN - 🏆 4. / 95 Read more »
Why the labor shortage is likely to continue in 2023 - Phoenix Business JournalThere are just a small number of cracks in an otherwise strong market for employees. Experts say it will affect employers' hiring in 2023.
Source: phxbizjournal - 🏆 254. / 63 Read more »