As we headed into the Business Plan class, my expectations included learning about the structure of the plan, and what needed to be included in the plan. Of course I knew that we would have to research items such as: marketing budgets, staff budgets, sales budgets, and start-up cost however, I didn’t expect to fill out spread sheets on Microsoft Excel. This proved to be a good surprise as it was very similar to the project the class did in our Project Management class. It was great to get away from the writing process and crunch numbers to actually see how it fits with the overall theme of the Business Plan. I think it’s a great idea when presenting to prospective investors to have a spread sheet in which they can see the actual data with projections to help them make a decision on our company.
What I found interesting was the small tidbits of information from business owners like Jayson Whitmore and Sara Blakely. Sara Blakely CEO from Spanx spoke about failure and its ability to either propel one forward in their quest for success or delay one’s ability to reach their goals by not having the proper mindset in defeating failure. I feel that this information is essential not only for business, but for having the proper attitude to move beyond those times when one is not feeling as confident as they would normally. It served as a life lesson!
Jayson Whitmore has a few videos one of which speaks on the ability to sell oneself and the things he looks for in a prospective employee. Understanding that most individuals who go to a university have the tools, he focuses on one’s creative aspects and humbleness. In the other video he focuses his attention on professionalism and how important it is to be professional in all aspects of one’s brand because it is viewed by prospective clients, customers, and investors as one of quality.
Mastery Journal link: https://wordpress.com/view/robertmolinasmasteryjournal.home.blog
Reference
“Jayson Whitmore Selling Yourself” Steven Burhoe. YouTube.com. 3 May 2013.
“Jayson Whitmore Professionalism” Steven Burhoe. YouTube.com. 3 May 2013.
“Spanx CEO Sara Blakely offers advice to redefine failure” Business Insider. YouTube.com.
8 September 2016.
Robert Molina's Mastery Journal 