Are Business Plans Really Necessary?

For a new venture, a business plan is an essential part of attracting investment and ensuring success. Or is it? In this spirited discussion, reminiscent of "Point/Counterpoint," Eapen Chacko of GrowthFire, LLC, and Brent Goldfarb of the University of Maryland argue both sides but part friends.
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DOI: 10.17919/X90P4WComments
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"Built Not Born"
Tom Golisano, Harper Collins Leadership, 2020Tom Golisano is the founder and CEO of Paychex, which went from a shoestring operation to a $3.8 billion company with more than 15,000 employees. His book's 184 pages are filled with lessons for new entrepreneurs, based on what Golisano learned the hard way, and with rollicking tales of his first entrepreneurial ventures. It's a quick read that sounds more like a conversation with a very wise mentor.