Session 9 - Review Pro

I think the point about not having a business plan is interesting.  The books, articles, and speakers that I have read/heard in the MBA degree have all mentioned this to some degree.  One book called 'Art of the Start', says explicitly not to write a business plan.  This is akin to the advice I've gotten from many, which is: 'Don't talk about doing it, just do it'.  I.e, start working on your prototype right away, then worry about the formal business plan later, when your customers have expressed interest in your product or service.  This is also key since may times, entrepreneurs see a market for a service or product that others don't, and no business plan will show that the market exists or will exist, and it's the power of the prototype that gives would be customers a firm idea about your business.

His point about the commitment was really great, since it is clear that anyone who genuinely wants to start their own business should know that you will end up working their ass off for the first few years.  Entrepreneurship is clearly not a 9 to 5 job, and total commitment is required.  In essence, I like how he said that you can't really look at this as a day job, nor is it something you can do part time.