No business plan survives its first customer.
This is important business advice, regardless the business or industry in which you start your company. You study. You research. You plan. You execute. And then…
I would guess there are those that got it right on the first attempt, but I would also guess that most successful businesses have had to adjust and tweak their original plan. The assumptions made on paper didn’t match the needs and demands of the market.
Does this miscalculation imply failure? Only if the entrepreneur fails to change.
Six months in at The Piedmont Bistro, … more »