Oprah Winfrey and Donald Trump are two of the most
successful entrepreneurs in business today. They both have been through trial
and tribulations in life, which led them to financial greatness. Both
individuals are business oriented an have given essential advice to potential
business owners.
Oprah Winfrey spoke on the importance of having intellectual
people around you to achieve high results. I intend to incorporate this in my
business plan by not selecting friends, but people with the same vision as me.
I have a problem with helping others when I should focus on my main goals. In
the same thought those individuals I help will not return the same actions,
when I need it. This can be a drastic fall for my business if I continue to
cater to those less ambitious than me. The changes I have made in my business
plan upon Winfrey statement will be my staffing. My staffing will be limited
upon request due to start up, and equipment cost. I will only hire people who can
intellectually help me take the company to the next level, with the proper
expertise and passion.
Donald Trump gave excellent advice to potential business
owners when writing a business plan. Trump understands how far a good idea
could go with the proper plan behind it. He stresses that a solo practitioners will
be the worst off in this situation, and a solo practitioner I am. I will review
my actual plan so I understand it thoroughly, and can explain to an investor to
understand quickly and clearly. The changes I have made to my plan, is to keep
it realistic and reachable. I cut my start up cost, and added more product
lines to generate profit easier and quicker as well.
Duboole OO Visions business plan will be ready for investors
December 2012. The most important sections in my business plan are the company descriptions
and marketing plan. The company’s description will grab the investor, through
morals and intentions of the company; it will describe the social need for the
company’s service. The marketing plan will diverse me from other similar business
because the structure is unorthodox.
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