Stephen Crivillaro is a self-made entrepreneur whose success is the result of careful planning and a stable work/life balance. He runs a busy pizzeria in New York City, putting a fifty-year-old Sicilian recipe to good use pleasing his customers.
If you want to follow your dreams and start a business, to join the ranks of those like Stephen Crivillaro, you’ll need to invest a similar amount of time planning. Points like those below will help you start:
• Planning to Succeed. To start your business plan, consider what it is your business does and where you want it to go. If your business description and long-term goal match up, work backward to make steps to guide you.
Following carefully-defined steps will allow you to reach success regardless of what life throws your way.
• Planning for Failure. As a plan for success is necessary, so is a plan for failure. You need to have an exit strategy to use if your business doesn’t work as well as you need it to. Consider the worst that could happen and prepare for it before you begin.
With an exit strategy in hand, you’ll be better equipped to weather failure, making it easier to confidently forge ahead with your venture.
• Failing to Plan. If you fail to plan, you’re not giving your business the chance it needs to succeed. Every business endeavor requires careful thought, and robbing your venture of that sets it up for failure, which will hit harder if you didn’t make an exit strategy because you rushed the planning phase.
Before launching your business, think of how a seasoned entrepreneur like Stephen Crivillaro might approach it. What extra steps would an ideal businessperson take? What steps are extraneous?
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