In a fast-changing world is a business
plan still necessary? Alon Rozen -‐ Asst. Dean, Professor, Consultant, Business Owner
September 28, 2013 – Conference on Entrepreneurship
Why is this question worth
answering ?
“Fast-changing” = challenge?
What is a business plan (anyway)?
If BP = Road Map
then a destination
seems necessary…
If BP = Road Map +
Strategic Plan then is
a destination necessary ?
In a world of what do start-‐ups need to know about their business?
pivots Q1
Q2 What do start-‐ups need to know… before talking to angels and VCs?
Business Plan
NewCo
Why is the subject of this discussion appropriate a?er all? What has indeed changed?
Start-ups Business Plan
NewCo
>
Work Biz Plan Start
Work Biz Plan Start
B4
2day
Business Plan
Part of a
process
So in a fast-changing world is a business plan still necessary?
YES, but… 1/ Not as the objective 2/ From Bplan to Bplan development 3/ In a new form factor