Here are some clips that might be helpful for your search on business plans:
- "Flexible Planning" from episode 719 with Reid Hoffman: Reid shares his advice on flexible planning for entrepreneurs, emphasizing the importance of having multiple sets of plans B that are off your strategy and investment thesis for plan A.
- "Strategic Planning" from episode 93 with Jocko Willink: Jordan and Jocko discuss the importance of stepping back from the weeds to see the bigger picture in strategic planning for entrepreneurship and tactical operations.
- "Family Business Red Flags" from episode 532: Jordan advises a listener to do serious due diligence before taking over a family business, suggesting hiring a qualified accountant and lawyer to look over the books and avoid inheriting any serious liabilities.
Remember, a business plan is not a one-time thing, but rather a living document that should be revisited and adjusted as needed. Good luck with your planning!