What I learned from ChatGPT about Business Plans With AI being all the rage, many people think they can save time and money by having ChatGPT write their business plan for them. So, I asked ChatGPT what it would say about its ability to write a business plan?? (OK, I stacked it a bit in…
It’s 2025… Is this happening in your business? “5 blind men and an elephant” In the parable about “5 blind men and an elephant,” each man touches the elephant in a different place and concludes something entirely different from the others. A tree, a wall, a vine, a big leaf, a… wtf? They are aware…
A lot goes into writing a good business plan. Before you even get started, here are a few important considerations that will make your business planning and presentation more successful.
If strategic planning were as easy as “re-painting” your business, where would you start? When was the last time you painted something? A piece of furniture, a fence, a room, a house, a car… How did you go about it? Did you just grab a can of spray paint or a brush and start painting?…
Many years ago at the University of Texas at Austin, I was a judge for a business plan competition. There were 3 venture capitalists and me on the panel. The odd thing that struck me was that every team at some point stated, “We’re going to do a million dollars our first year.” Hmmm… I…
