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Happy Home Business IV : Business Plan or Business Model?

Some posts ago you could read about 'Writing a Business Plan', recently I had a little conversation about making music and about the importance of being able to read notes.

'This discussion made me go back in my memory....,'

In the time I worked at a Big Record Company - as 'decoration' - I actually had a Platinum Record from the famous Pop Group ABBA, hanging on the wall beside my desk.

(Because of their Huge World Wide Success,
they got rewarded with so many Platina Records
in so many countries that they probably couldn't
care less than to collect this particular one
from my small country. My country probably only
represented only a small fraction of the
enourmous sales they had with their records.)

As I said it made me go back in my memory thinking back about interviews I saw, reminding me that the pianist of one of the most successful Pop Groups in the World declared that he couln't (or hardly) could read notes!!!!

If I am not mistaken I heard him say (or it might have been an other muzician) that you can make good music without having to be able to read notes...,

BUT that notes are an important TOOL
to be able to Communicate with other Muzisians.

I think that in a Similar way you may be able to do pretty well in Business, and at times it might even be better to work from a BUSINESS MODEL rather than from a BUSINESS PLAN. Because a Business Plan might be less flexible and might create a risk of 'Painting yourself Stuck'

On the other hand I think that a Business Plan has a similar effect as 'Notes' to be able to communicate with 'Third Parties'. Just like the muzician in an orcestra.

Hopefully this has given you a new perspective on how you can create Business Success?

Talking about 'Busness Success'...,

'Did you already see the video?'

Ridiculous Incomes! Click Here to Watch the Video!


Anonymous said...

The link between my experience as an entrepreneur and that of a politician is all in one word:


(Silvio Berlusconi)

Anonymous said...

I wanted to be an editor or a journalist, I wasn't really interested in being an entrepreneur, but I soon found I had to become an entrepreneur in order to keep my magazine going.

(Richard Branson)

Anonymous said...

The entrepreneur is not really interested in doing the work; he is interested in creating the way the company operates. In that regard, the entrepreneur is an inventor. He or she loves to invent, but does not love to manufacture or sell or distribute what he or she invents.

(Michael Gerber)

Anonymous said...

The entrepreneur builds an enterprise; the technician builds a job.

(Michael Gerber)

Anonymous said...

The world is more malleable than you think and it's waiting for you to hammer it into shape.


Anonymous said...

One of my goals is to inspire people to be all that they can be and, hopefully, be a good example and teach some useful, interesting principles. Perhaps I can be the key that turns on the engine in their life, and then they can take their car where they want.

(Mark Victor Hansen)