Many have asked about it, and Gavan is finally ready to reveal!

Today in The Speed Mentor Podcast, Gavan shares the secret sauce that he has been using ever since in making his business plans. Discover how you can make your business plan to stand out and to serve its purpose to your prospect investors, partners, and staff. Gavan discusses the six essential parts of a business plan and his 17 great tips on how to create it. Start building a business that can survive and thrive in this market with or without you, so start listening in Walruses!

KEY TAKEAWAYS

• 6 Essential Parts of A Business Plan:
  • Executive Summary – It should highlight the key points of the whole business plan and can serve as a standalone document.
  • What’s the opportunity? – This section should answer questions about what you’re selling, what need are you satisfying, and what market are you providing for.
  • What’s the sales and marketing plan? – This section shall detail how you’ll reach your target market and how are you going to deliver what you offer.
  • What’s your company and management plan? – This section should manifest how reliable is the company and the team. Consider putting in the bios of the people and the outsourcing tactics you’ll use in your business.
  • What’s your financial plan? – Include the monthly sales and revenue projection for the first 12 months. Work out your profitability and cash flow.
  • Appendices – Use this for the manuals, illustrations, figures, maps, etc.
• Establish first who will be your audience, the people who will benefit from what you will put out.
• Brevity is important. It should be clear and concise. Use a language that will be easily understood by the one who’ll need it – the investors, the customers, and the team.
• How to make your business plan stand out:
  1. Be confident.
  2. Get yourself plenty of time in writing it.
  3. Don’t be afraid to go over the top.
  4. Before you do your business plan, build up your public profile.
  5. Invest in a good mentor.
  6. Think deeply about your vision, your values, and your culture.
  7. Try out your idea.
  8. Think if you have any IP or trademarks.
  9. Don’t be too attached to your original idea.
  10. Ask yourself if your plan is scalable and monetizable.
  11. Know your acquisition cost per customer.
  12. Think about the benefits of a lean start-up.
  13. Know your USP.
  14. Build your personal brand.
  15. Leverage free marketing platforms online.
  16. Read The E-Myth Revisited by Michael E. Gerber
  17. Make sure your business plan fits your personality and motivations.

BEST MOMENTS

• “It’s all about the people and the innovation they bring.”
• “Some investors would invest in a mediocre idea with a great team behind it rather than an amazing idea with a mediocre team behind it.”
• “I don’t leave the narrative cold. I commit myself to the plan to show that I’m all in, and I have the history of doing what it takes to succeed.”

VALUABLE RESOURCES

• The Speed Mentor Podcast: From Mentee to J.V.! | Apple | Spotify | Stitcher
• The Speed Mentor Podcast: The Greatest Ever Tax Giveaway You May Not Know About | Apple | Spotify | Stitcher
• The E-Myth Revisited: Why Most Small Businesses Don’t Work and What by Michael E. Gerber

ABOUT THE HOST

Welcome to the Speed Mentor Podcast.

Do you want success and abundance in your life?!

Do you want to hear how to achieve it?

Then you’ve come to the right place where the world’s only Speed Mentor, Gavan Wall will mainline you with micro bite-sized chunks of inspiration fused with knowledge, built into a daily routine to help you deliver success.

After walking away, a decade ago from his gilded life as a leading Barrister and property investor, Gavan Wall started his entrepreneurial career in inauspicious circumstances as he lost everything in the property crash.

But he refused to give up, re-building a financial fortress from scratch, until now he leads multiple successful multi-million £ companies across FMCG, Franchise, Tech, Property and Mentoring.

He’s the Speed Mentor and serial entrepreneur, who shares with you all the breadcrumbs of success and just as importantly the failures. If you listen, you can avoid the potholes and learn to conquer your fear and live a life of success and abundance just like him.

But be warned, his message can be stark and will not be for those seeking shortcuts. If you’re wanting to be told that the law of attraction will deliver success wrapped in a bow to your front door, then this Podcast isn’t for you, as that’s never going to happen! It’s time to own your own sh#t, never blame others and take the massive action to create the attraction.

The opportunities and whitespace are everywhere. Gavan will help you get outside your comfort zone, connect with others, shed the scarcity mindset, set gorilla goals and achieve so much more.

If you want to make your ideas soar…then talk to the Wall!

CONTACT METHOD

• Gavan’s LinkedIn: https://www.linkedin.com/in/gavan-wall-b828a56b/
• Gavan’s Instagram: https://www.instagram.com/gavanwall
• Gavan’s Twitter: https://twitter.com/gavanwall
• Speed Mentor Podcast Facebook: https://www.facebook.com/SpeedMentor
• Subscribe to Gavan Wall’s YouTube Channel: https://www.youtube.com/channel/UCZyfsl7Au5_tM7gKA_vuitw
• Gavan Wall Official Website: gavanwall.com
• Email him at success@gavanwall.com