Even if you are starting out in, say, affiliate marketing, blogging should not be an activity that you ignore. Once you've started your own blog make sure you employ the lessons we've talked about in this article. In the long run, blogging and IM are quite complementary, so don't waste any more time before setting up your own blog or using these lessons to help you improve the blogs you already run.Ī recent study of 29,000 business startups noted that 26,000 of them failed. Of those failures, 67% had no written business plan. Here's the top 10 myths Solo Entrepreneurs often have about business plans-usually, the reasons why they don't have one. Myth: I don't need a business plan-it's just me! De-bunk the myths, and see how having a business plan for your solo business, can actually be easy and fun-and can jumpstart your success!ġ. Starting a business without a plan is like taking a trip in a foreign country without a map. You might have a lot of fun along the way, and meet a lot of friends, but you are likely to end up at a very different place than you originally set out for-and you might have to phone home for funds for your return ticket.
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