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The $100 MBA Show

MBA2514 How To Create Your Business Plan in 15 Minutes

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.91.2K Ratings

🗓️ 30 August 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

Struggling with the idea of creating a business plan? Do visions of 90-page documents and months of work scare you away from starting your entrepreneurial journey? If that sounds familiar, you're in for a treat because today’s episode is just what you need!

Transcript

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0:00.0

Hey everyone welcome back to the hundred dollar MBA show I'm your host

0:09.1

Omar Zen Home and in today's lesson you'll learn how to create a business plan in just 15 minutes.

0:16.3

Yep you heard that right 15 minutes. The reason for 15 minutes is because I want you to get it done.

0:21.8

I don't want you to think this business plan has to be 90 pages and take you months of work.

0:26.6

No, you want to create a business plan that gives you just enough information so you can get started and start creating.

0:33.6

Today we're going to be using the one-page business planner

0:36.3

to get it done quickly and effectively.

0:38.2

This was adopted from the business model canvas

0:40.4

that was created over a decade ago.

0:42.2

In fact, we used it when we got started and I'll show you the example in today's episode.

0:47.0

But we just gave it our own spin simplified and made it easier for you. Now, if you want to download this one-page business planner you

0:56.8

could do so by clicking the link in the description or if you're listening to

0:59.9

the podcast and you want to download it later and walk through it again.

1:03.6

No problem. Just go to 100 MBA.net slash worksheet.

1:08.1

But before we jump into the worksheet, did you know that having a clear business plan can increase your chances for success by 30%?

1:17.0

Yes, please, I'll take that. That's amazing. That's according to a study by Palau's software.

1:22.0

Business plan doesn't have to be this long-winded thing

1:25.9

like we mentioned.

1:26.6

It could be simple.

1:27.3

It could be one page, and that's what we're gonna do today.

1:29.7

So make sure you have downloaded the worksheet

1:32.0

if you're watching so that you can go ahead and follow along and do your business plan right now in 15 minutes.

...

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