Chapter 21

Business Plans: Preparing Blueprints for a Thriving Business

IN THIS CHAPTER

Bullet Using AI as your business plan assistant

Bullet Generating precise prompts

Bullet Capturing your ideas and planning your content

Bullet Creating a simple business plan

Bullet Adding clarity and direction

Bullet Avoiding common pitfalls

In 1994 Jeff Bezos — and we all know who he is — left his job in finance and founded Amazon, operating it exclusively as an online book retailer. He formulated his business plan on a cross-country drive from New York City to Seattle. Today Amazon is a multi-trillion-dollar company. So, whether you’re a mom startup, you’re opening a factory, you’re operating online, or any combination, heed the words of Benjamin Franklin: “If you fail to plan, you are planning to fail.”

Think of it in this way: Embarking on a long-distance trip without a GPS is like navigating the treacherous waters of entrepreneurship ...

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