Simon Squibb

How To Build A Business Plan [Real Life Example]

13 snips
Jul 2, 2025
Learn how to turn creative ideas into thriving businesses with a step-by-step plan. Discover innovative funding options and the importance of networking to maintain control. Uncover unconventional marketing strategies that can generate income and foster partnerships within your community. Tune in for practical advice on transforming your business vision into reality!
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ADVICE

Use Mind Mapping to Start

  • Build a mind map around your business idea including product, branding, distribution, and marketing.
  • Identify brand alignment with distribution channels and list potential influencers and sales targets early.
ADVICE

Ask Help, Not Money

  • When raising money, ask for help instead of just money to attract valuable support.
  • Avoid giving away large equity too early, especially to investors who offer little help.
ADVICE

Protect Equity and Control

  • Never give more than 25% equity to one investor without dilution clauses and control safeguards.
  • Use shareholder agreements to retain control and prevent investors from blocking business decisions.
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