If you aren’t in any kind of hurry to bring revenue in the door, then perhaps this approach can work.
But as many entrepreneurs juggle full time day jobs and family commitments alongside their side projects, getting to revenue as quickly as possible might be the difference between staying the course and giving up.
Without a doubt this business plan will grow and change to reflect your successes and failures, and it should.
Fizzle’s Business Sketch Template distills the questions you need to ask around problem, solution and revenue with a simple layout that won’t require you spend your precious time crafting a 45-slide Power Point presentation.
This one page game plan summarizes your high level strategy in one page, so naturally there are a lot of questions to answer. How will you turn that value into something people will actually pay for? Fizzle’s Business Sketch Template serves as a guide through these aspects and beyond, breaking all the essential elements into straightforward questions.
These questions can be grouped into a few critical components: The problem – Who will you serve? Bridging problem & solution – How will you explain your business in a compelling, concise way? Business reality – What will this business require? These are the building blocks of your business fitting together on just one page.
In Fizzle we frequently talk about business archetypes in an effort to profile the most common methods for making money.
For the revenue portion of the Business Sketch Template, the key questions to ask are simply, For the maker – Makers are characterized by having some type of physical good for sale.
You wouldn’t build a house without a blueprint, and a pilot wouldn’t fly an airplane without a flight map.
So why doesn’t every single entrepreneur have a written strategy to serve as a guide through the ups and downs of business building?