So you have a great idea for a new business, and maybe you’ve already started working on your business plan, but lately it’s been pushed aside because you are intimidated, tired, not sure how to finish it or just too busy. Overcoming procrastination is one of the biggest problem entrepreneurs face in the process of defining their ideas and officially putting them down on paper. Working on a new business plan is time-consuming and challenging, so it’s no surprise that many people put it off for months and sometimes even years. If you’ve hit a motivation slump, there are a few simple adjustments you can make to change your attitude and get your business plan ready for action.
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1. Forget the big picture for now.
Planning a new business can be exhilarating, but thinking about tomorrow can actually slow down your progress today. Worrying about sending your plan to investors who will decide the fate of your business can make you feel anxious and overwhelmed. Instead of focusing on the final results, think about small tasks that are relevant to getting your business plan completed as soon as possible. It’s a good idea to break the project up into manageable steps, so it doesn’t seem as complicated and intimidating. You have to start small to plan big.
2. Boost your confidence with research.
Insecurity and anxiety are two major reasons why entrepreneurs have a hard time with finishing projects on schedule. The more you know about crafting a great business plan, the more confident you’ll feel about building yours. You can find tons of invaluable information online including business plan samples and insider advice from experienced investors.
3. Use digital tools.
The Internet makes it possible to instantly access dozens of useful entrepreneur-friendly tools from the comfort of your living room. You can find a variety of websites and software that can help motivate you to finish your project ranging from downloadable business plan templates to convenient project management timers. If you have a smartphone or a tablet, you can even download to-do and task management apps, so you can stay on top of your project when you are on the go.
4. Create a schedule and stick with it.
Finishing your business plan can be very difficult if you have a busy schedule. Writing your schedule out and breaking up your project into small sessions can help you manage your time better. Working on your plan for an hour or even 30 minutes at a time is better than putting it off indefinitely.
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5. Don’t worry about getting it right on your first try.
Worrying about every sentence you put down makes writing a business plan tedious and time-consuming. Most entrepreneurs end up revising their business plans over and over again down the road, so the first draft is just a start. Keep moving forward instead of fixating on one section or idea for hours at a time. It’s much easier to spot mistakes and edit your plan well after it’s fully completed.
Peter