It's a New Year - To Plan or Not to Plan? That is the Question (Part 3 of 3)
This is a three-part post... it stands on its own. However, if you missed Parts 1 & 2, you can read them by clicking here.
To quickly recap Part 1 and Part 2.. My good friend, Ken, with some guidance from me, had assembled a detailed business plan for 1996 and had acquired the client rights and assets of the company he previously worked for from the bankruptcy courts. With the business plan complete, he embarked on the most challenging component of any business... the actual execution of the plan. Execution became his Strategy. He excited his new team about their new plan and opportunities. He was masterful at the execution, creating employee engagement and accountability throughout the organization. He guided the execution every day, creating a detailed list at the end of each day as to what had to happen the next day to keep their progress on track or sometimes what had to be done to get them back on track. He held weekly meetings with his Executive team. This consistent attention to the Execution of the plan ultimately resulted in massive success.
In 2001, a little less than 6 years after Ken launched Instrumentation Engineering, he sold the company to Flextronics (Nasdaq:FLEX) for 300 Million. Let me remind you, that his journey to success all started with a plan.
So I ask you — To plan or not to plan? - Is it really even a question?
The Big Problem — Research tells us that only 21% of companies have a yearly strategic business plan. So, it should not surprise you that 20% of businesses fail in year 1, and 65% fail in the first 5 years.
Marc's Execution Tip — It's simple: you need a plan for 2025. A plan will outline the strategic initiatives and related projects that will help your business succeed.
If you have a plan, you are on your way to success. Research tells us that companies that have a plan grow 70% faster than companies that do not.
What if you do not have a strategic business plan? Perhaps you don't have the time or know where to start. I can help!
The Solution — Join my Strategic Planning Academy, invest just 2 -3 hours per week, and by month-end, you will have a Strategic Plan. A roadmap to success.
What's at Stake? — Fairly straightforward... Potential failure. Do not be one of the 65% of businesses that don't have a plan and fail.
What to Expect with a Plan — With a Strategic Business Plan you will have a blueprint for success. No more sleepless nights you will have focus and clarity as to what has to happen next to grow your company.
A business plan increases the chances of growth by 30%. Approximately 70% of businesses that survive for 5 years follow a strategic business plan. 71% of fast-growing businesses have plans.
If you don't have a plan for 2025, it's not too late—
A special Introductory Rate of $95 to create a Strategic Business Plan for your company with Marc.
(Regularly $595, Now just $95 for an entire years access)
Click to learn how to Start Planning with Marc Now!
I'm dedicated to helping you have a Happy New Year! — Cheers, Marc
Marc L Daniels
The Billion Dollar Coach
