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3 Parts of the Heart of Your Plan

Monday, November 24 2008

The heart of your business plan is like the heart of your business, an intermingled enmeshed combination of three elements:

  • Your unique business identity: strengths, weaknesses, core competence, keys to success, etc.
  • Your special market: your real target customers, how well and how narrow the target is defined, what they get from you (benefits, needs, etc.) and how you reach them.
  • Strategic focus: what are your key priorities, the things that are most important. Keep it unique to your business, tailored, and realistic.
Palo Alto Software has posted this as a 10-minute Web video, a portion of the webinar we did for Global Entrepreneurship Week last Monday, 17 November. 

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