DIGITAL STARTUP SOCIETY BLOG — Creating Your Business Plan

As you plan your future business and get ready to create your business plan, you need to understand what resources you need to live the good life you want. You don’t want your business to interfere with it. In fact, you want your business to provide the good life you want. It’s not an either-or choice if you think about all this in advance.    What is a resource? A resource can be either internal or external. For example, you have internal resources such as your own knowledge, skills, qualities, habits, techniques, your own funds, and things you’ve learned over...

Vision boards are visual depictions of whatever you want them to be. You can create a vision board for the family you desire, the job you want, or even the hobbies you hope to have soon.    The vision board can consist of images, words, and symbols that represent a particular goal. You can make a vision board using craft materials to create something physical, or you can use software like Canva.com, MindMovies.com, or just use your MS PowerPoint software and keep it digital. You can invest in vision board software or use the software you already have. It’s up...

As you are deciding the type of business you want to start, it’s crucial to think about what, in your opinion, makes your life good and how will this business help you achieve the things that make your life good for you? In some circles, this is called lifestyle design. Lifestyle design basically holds that you are in full control of your own life and your own choices.    Most people don’t start off thinking about actually constructing their life intentionally. Due to that, they end up suffering the consequences. If you genuinely want to create a life that is...

It’s not that unusual for some people to start a side gig without any notion of what they’re doing, including a business plan. They just notice something they like doing and do it and start earning money. But understand that you’re much more likely to experience success if you create a business plan.    To Show That Your Business is Possible  You may think you have a great idea to make widgets for the masses, but only through research can you ensure that your idea is possible. When you study all aspects of your market, you can avoid the mistake...

Let’s start strong and talk about the areas of life you need to design to ensure your success. Often people never think about how each decision affects how their life will actually look and be in practice. If you want a particular lifestyle, you must think about how each choice impacts your desires.    There are eight areas of life that you need to design purposefully for success: Career and Business – What you do for money will have a massive impact on your life. It will inform every single choice you make. It will make the difference on whether...