Lately, I've been working with too many people who don't have a clear vision and plan of where they want to go and what they want to accomplish in their life and business. If you don't know where you want to go, then any path will get you there. You'll end up meandering and then wonder why you're not really getting anywhere in life or business.
The crazy thing is recently when I was talking with Brien Gearin about coming on board to help us grow Millionaire University, he asked me if I could send him a business plan, and I realized I didn't really have one...Well, I did sorta but not anything that I could easily send over to him. This allowed me to think through our plan to grow MU to a Billion Dollar Organization over the next 10 years and helped me think through more about how I come up with and write business plans, and how and when you should write a business plan of your own.
I hope you enjoy this episode. Feel free to send me your plan and or any questions you have at [email protected]
00:00 Introduction to Millionaire University00:09 The Importance of a Business Plan00:36 The Vision for Millionaire University00:55 The Role of Stock in MU01:22 The Challenge of Articulating a Business Plan01:48 The Process of Creating a Business Plan02:01 The Problems Millionaire University Aims to Solve02:15 The Mission and Vision of Millionaire University02:28 The Importance of Tailoring Business to Individual Strengths02:59 The Role of Business Plans03:25 The Importance of Having a Business Plan03:35 The Role of Business Plans in Starting a Business04:05 The Challenges of Writing a Business Plan05:02 The Importance of Adapting Business Plans07:20 The Importance of Vision in Business13:50 The Role of Personal Vision in Business23:47 The Importance of Goals and Timelines in Business30:14 The Role of Problem Solving in Business31:09 The Importance of Execution in Business34:56 The Role of Partnerships in Business45:42 The Importance of Smart Leadership in Business Growth45:59 The Role of Flexibility and Adaptability in Business46:42 The Power of Teamwork and Shared Vision47:07 Exploring Different Strategies for Business Growth47:15 The Potential of Podcasting in Business47:33 The Value of Diversifying Business Tasks48:02 The Impact of Effective Marketing and Advertising49:33 The Importance of SEO in Business50:36 The Role of Investment in Business Growth51:46 The Power of Sponsorships in Business52:47 The Importance of Email Marketing in Business52:54 The Potential of Business Growth through Podcasting53:23 The Importance of Having Fun, Making Money, and Helping People in Business55:01 The Potential of Mastermind Groups in Business55:34 The Value of Content Creation in Business56:19 The Power of Networking and Connections in Business01:02:09 The Potential of Business Growth through Equity01:12:16 The Potential of Business Growth through Marketing Agencies01:14:38 The Importance of Aligning Incentives in Business01:15:59 The Importance of Taking Action in Business
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