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Developing a business plan is not a “someday maybe,” but rather the determining factor to whether your business flourishes or fumbles.
Don’t believe me? Consider this eye-opening study:
In 1979, interviewers asked new graduates from Harvard’s MBA Program about their goal-writing habits and found that:
- 84% had no specific goals at all
- 13% had goals but they were not committed to paper
- 3% had clear, written goals and plans to accomplish them.
In 1989, the interviewers again interviewed the same graduates of that class. Here are the staggering results:
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