• Who We Are
    • Meet Christine
    • Mission, Vision, and Values
    • Work With STI For Proven Results
    • OneTribe Foundation
    • Media and Press
  • What We Do
    • Neuroscience Workshops
      • The Neuroscience Of Compelling Leadership
      • The Neuroscience of Influencing Outcomes
      • The Neuroscience Of Emotional Resilience: Learn To Love Change
      • The Neuroscience Of Creating Optimal Teams
      • Beyond Your Brain
    • Culture, Leadership, And Executive Coaching
      • Leadership Coaching
      • Culture Coaching
      • Leadership Development Programs
    • Keynotes
      • Make Your Team Smarter Overnight
      • Influence Any Outcome
      • Create the Company Culture of Your Dreams
      • The Neuroscience Of Creating Optimal Teams
      • The Neuroscience Of Emotional Resilience: Learn To Love Change
      • Guarantee Growth
      • Quota Busters
    • Quick Wins
      • DIY SmartTribe
      • Employee Engagement & Culture Diagnostic
      • Leadership Excellence Diagnostic
      • Sales & Marketing Intensive
      • Strategy Day
    • Case Studies
  • Resources
    • Assessments
    • Mini Course
    • Crack The Behavior Code Podcast
    • Infographics
    • Blog
    • Books
    • Videos
    • Webinars
    • Subscribe
    • Power Your Tribe
  • Contact
Keep Your Eye on the 7 Figure Prize
January 5, 2010
Success Steps 4 and 5 on Business Model and Business Plan
January 8, 2010

More on Business Model and Business Plan!

January 7, 2010
Categories
  • business model
  • business plan
  • Christine Comaford
  • Christine Comaford's Blog
  • financing
  • Mighty Ventures
Tags

With the new year, let's talk about refreshing your Business Model and Business Plan. It’s a crime to work so hard on writing a business plan, only to sabotage your chances of getting funded by omitting or shortchanging the key components.

With the new year, let’s talk about refreshing your Business Model and Business Plan.  It’s a crime to work so hard on writing a business plan, only to sabotage your chances of getting funded by omitting or shortchanging the key components. When a financier, board member, or key executive assesses your plan, they need to see the 10 topics I’ll be covering this week. The problem is, many businesses plans I’ve read make the same mistakes. Getting it right conveys that you know where your business is going, and you know how to get there.

Here’s the first three areas you’ll need to nail to prove you’re building a success story. 

1) Company Overview: A few concise and compelling sentences describing your company’s purpose/goal. The Mistake: More often than not, the company’s purpose/objective is vague, common, not compelling.

2) Pain. Identify the specific market pain you will reduce or remove. At the same time, explain why your product or service is crucial. The Mistake: Some entrepreneurs don’t properly address pain. For example, a social media company recently said it didn’t address pain. I disagree. One of the draws to social media is to feel you are expressing yourself and part of something larger than yourself. Feeling invisible or isolated is one of the key human pains. Voila.

3) Solution. Explain in detail what your solution is to the market pain and exactly how it works. The Mistake: Missing the mark on this is a fast ZERO on results.

To your amazing and IMMEDIATE success,
Christine Comaford, 7 Figure Business Builder
CEO of Mighty Ventures, Inc.
NY Times Best Selling Author

PS: In the spirit of great free gifts, if you have not gotten my FREE CD on building a 7 Figure Business, you’re missing a vital key to your 7 Figure Success Story. http://www.bit.ly/iBmuI

Share
Christine Comaford
Christine Comaford

Related posts

January 8, 2023

Your Brain On Silence


Read more
December 7, 2022

The Neuroscience Behind Mental Exhaustion—And How to Prevent It


Read more
November 2, 2022

Quiet Firing: Is It Happening To You?


Read more
Learn how to lead your team through change, create emotional resilience, and ensure growth. Join our Emotional Resilience mini-course

415.320.6580
775 E. Blithedale Avenue, Suite 210,
Mill Valley, CA 94941
© 2020 SmartTribes Institute. All Rights Reserved. Privacy Policy