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Asav Patel

How to Write an Internet Business Plan?

When you want to start your own Business and you will Google the web, literally thousands of so called Internet Marketers and Finance Gurus will tell you that, You will require a Great Internet Business Plan to succeed Online. Actually they want from you that, you buy some sort of eBook or a program or a readymade business plan from them in exchange of money.

Now, i am not saying you that a Business Plan is not important for any Business. I am just saying you that, for start-ups you don’t require any professionally written Business Plan. You can just take a piece of paper and write down your Spiritual Mission, Business Mission, Goals, Deadlines & everything else. This piece of paper will work as your Internet Business Plan during the start-up days of your Business.

Let me give you my Example. When I started “My Journey To Billionaire Club”, I did not have any budget to write down sophisticated Business plan. This is because I started this Business out of Scratch only. I did not have any seed capital to write a Business Plan. So What I Did? I took a piece of paper and write down my Business Plan.

Here is my First Business Plan for this Blog Business that I wrote on a piece of paper only.

# - Spiritual Mission – To provide World class level of Financial Education to people around the world and create value in their lives. To Create such an Information rich Blog that by reading just 2-3 articles of that Blog, the Financial IQ of the people won’t remain the same. But It will increase by several folds.

(Well, Yes. This was the Main Spiritual Mission of my Blogging Business. I wanted to add value in the lives of millions of people by developing a world class level of financial education blog.")

# – Business Mission – To Make Money from the Content I create by applying various Income streams mainly Google AdSense. To create world’s Largest Articles Portfolio on Money & Personal Finance.

(Of course, the Business Mission of any Business is to make profits and so was mine. There is nothing wrong in it. Your Business will be successful or failure on your Spiritual Mission and not on your Business Mission.)

# – Marketing Plan – Comments on other blogs, Articles Submission to various Directories, Facebook, Orkut and other social media marketing.

(Well Twitter was not popular in March 2008 when I started this Blog so I did not include Twitter Marketing in my very first Business Plan. But well, today it is included.)

Thus, the above was my very first Internet Business Plan on a piece of paper. And still, I have make a successful profitable Internet Business.

What I want to teach you here is that, There should be Business Plan for your Business before you start your Business. It should not necessarily a software generated or MBA written Business plan during the early days of your Business when you are alone.

A hand written Business plan simply on a piece of paper will also work. So take a Paper & Pen and write down your future Business Plan Now. This will be a great financial exercise.