A business plan should not be based on a monetary goal like the number of transactions you’d like to complete, or how much money you’d like to make. You should also be careful not to make your business plan too complex, or base it on another external source like the company you work for, what your peers are doing, or even what your loved ones think is right for you.
In this video, the first in a 3-part series, Matt and Jamie discuss how the first step in creating a business plan is to identify what you want your LIFE to look like, in order to determine how your business can support that.
Is retiring at 50 so you can travel the world what you’d like your life to look like? How about having enough free time outside of work to make sure you can be involved in all of your kids’ activities? Whatever it may be, the first (and perhaps most important) step is determining what exactly that is.
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