Typically if you read business books or talk to anybody about starting a business, you would hear advice that is centered on the importance of having a business and sales and marketing plan; the focus is on numbers, figures and logistics that you would need in order to turn your idea into reality. But rarely would you hear the advice about having a Life Plan. That’s right, regardless of the size and the nature of the business you’re planning to launch, if you are an aspiring business owner, you must assess whether you and your life is actually ready to take on this venture. Overlooking this can often prove to be a costly mistake and a lot of unnecessary headache can be avoided by paying attention and planning all aspects well.
So what do I really mean by a Life Plan?