…because some thoughts are worth remembering
Entrepreneurs are told to put in their 5 year projections in their presentations to pitch investors. It seems silly because it’s probably going to be wrong. There are so many factors that entrepreneurs have no control over. But that doesn’t mean that the requirement for the 5 year projection is unreasonable. It’s because the investors see the plan as a way to require the entrepreneurs to have thought their ideas through.
Once again, it’s the case of writing as a thinking tool and a process rather than cherishing it as a product/output.
“In preparing for battle, I have always found that plans are useless, but planning is indispensible” ~Dwight D. Eisenhower
Photo: Trees that lined Lake Lagunitas, Fairfax, California