Thread by @c_shepherds

Dear friends, welcome to today's episode of #navigatewithidy. Today, @IdyEnang will be looking at a vital topic that is paramount to building a successful enterprise.

Curious to know what that is? Join the conversation on @LagosTalks913

For you to be established in business, you must be a rule-breaker. This implies that your mind must be transformed, this is not about you breaking the law.

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

Today, we are looking at "How to Write A Business Plan." Most business plans are usually long on information but short on ideas - not pointing clearly to the way ahead because the person doesn't know what that 'way ahead' really would be

#navigatewithidy @IdyEnang @LagosTalks913

If you are an entrepreneur - a small or micro, or medium-scaled entrepreneur, you must get into the habit of putting together a plan.

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

The difference between the 2 Greek philosophers Socrates & Demosthenes is that the former drives a lot of thinking while the latter is invested in making things happen.

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

So, these two philosophers are always found in every business plan. So, are you a Socrates who believes in thinking but never match or a Demosthenes who believes in 'moving.'

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

If you are writing a business plan, think like Demosthenes and not like Socrates. The purpose of writing a business plan isn't just to define what you want to achieve, it is to define how you want to achieve it.

#navigatewithidy #businessplan @IdyEnang @LagosTalks913

Things that go into a Business Plan:
1. Start with a very simple statement of the objective. The question you must ask yourself when writing a business plan is this: "what is my aim?"

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

This shouldn't take more than a sentence or two. Make everything you do simple, there is greatness in simplicity.

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

2. Justify it: Why do you want to achieve that goal. If the answer is not brief, it is not right either. Details can be very important in a plan, but it is only to support the main ideal.

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913

What you need to do is to spell out that big idea clearly. If you don't spell it out clearly first & foremost, every other thing that follows will just be attachments that do not resonate with the main matter.

#navigatewithidy #businessplan @IdyEnang @LagosTalks913

3. Positioning: Where do you see yourself? The ultimate place is for you to have a positioning statement. You must see where you are going or have an idea of where you want to be

#navigatewithidy #businessplan #tuesdaymotivations @IdyEnang @LagosTalks913