Chuck Blackman is an internationally known business speaker
and mentor. He has been an acclaimed speaker by CNNMoney.com and featured in
major entrepreneur magazine such the New York Times and Forbes. He owns company
Crankset Group a
site that is available for future entrepreneurs to learn about new ways and
techniques to grown their companies. Blackman is most notable for his
unorthodox and untraditional approach when it comes to preparing a business
plan. Blackman believes “that business plans are a waste of time, that time
could be spent actually doing the business.” When it comes to the business
plan, Blackman feels that one should implement now and perfect as he/she goes.
His key points in his business advisory plans that are important;
-Make more money in less time
-Do not get stuck on the treadmill
-Enhance one’s business practices and culture to increase
revenue
I believe that these considered key points because it will
allow your business to always stay flourishing.
As for another entrepreneur expert that I have research, I
cannot say that his approaches on business plans are the same. Business expert Kevin Geiger is a world
known filmmaker, He is known for his feature films “Chicken Little”,
“Fantasia”, “Ring of Fire” just to name a few. According to Lindsay Pressley’s
BlogSpot post on “Film Folks”, she mentions that Geiger believes that key
points investors are seeking when presenting a business plan are,
•
How are the investors going to make their money
back?
•
Prepare a cash flow projection
•
Create a business plan presentation for
investors
These are great key points to consider, I feel that it
provides you an outline of what your investors are seeking. Ultimately
investors wants to see a return on the money they have invested, and when one
is pitching their business plan can already have a detail projection of that,
it will make the investors more confident in one’s project.
Moving forward in my journey to entrepreneurship and preparing
my business plan, there is a lot to be learn form both experts and applied to
my business plan. However, because we are in a day in age where people,
investors and contributors wants to see more done versus more than what is
being said to come. I plan to incorporate Blackman’s technique towards success
and that is simply doing! I will let my work speak for itself. In doing so, I will
produce my projects and properly promote and market, in results, will attract
the attention of investors. “Implement now, and perfect as you go.” That will continue
to stick with me on my journey to success.
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