Business

Business Plan Fatigue…Getting Through Your First Start-up Proposal

Writing a business plan can be a daunting experience, but with the right attitude and preparation, you can pen a document that’ll serve you well as your new venture finds its feet. Here are 7 quick tips to make sure fatigue doesn’t overcome you…

 

1. Stamina

Have an early night, get plenty of sleep and a healthy breakfast – your brain is going to need all the help it can get if you’re going to get through this in one piece.

 

2. Perseverance

Stamina is physical, but perseverance is its mental equivalent. Get into the right frame of mind and know that once your plan is written, it’ll guide you to success.

 

3. Write What You Know

Avoid guesswork; base your business plan on sound industry knowledge. With research from authoritative sources, including your own, it should almost write itself. Put on your ‘expert’ cap, and plough the full breadth of your experience and understanding into the details.

 

4. Dodging Writer’s Block

When you begin to grind to a halt, be creative – quite literally. Take a moment out to write a joke, poem, tweet or Facebook status update just to keep the creative juices flowing and regain your momentum.

 

5. Breaking through ‘The Wall’

‘The Wall’ is worse than writer’s block – it can seem impossible, implacable and impassable. There’s no option but to smash directly though it headlong, so switch to your most attritional mindset and just… keep… writing… even if you have to severely edit later. Think of it like jumpstarting your mind – you just need a little push before you can carry on under your own steam.

 

6. The Wisdom of Others

If (and when) you get really stuck, call for help. Speak to anyone you can trust – your friends, family, accountant, legal advisor, bank manager or local bartender – and see if they chance upon the exact words you need to get motivated once more.

 

7. The Big Hairy Audacious Goal

If you thought Bhag was a city in Pakistan, you’re right. But it also stands for ‘Big, Hairy, Audacious Goal’, an ambitious end result that sums up exactly what you hope to achieve if everything goes exactly according to plan.

This should be a long-term part of your business plan, with far-reaching ambition that could quite feasibly change the world. And even if you doubt your ability to achieve it, your BHAG could help to crystallise and clarify some of those short-term goals that you’ve been finding it hard to articulate.

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Andy Siddons
Content Writer

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