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🎙️ Episode 74: Do You Need a Business Plan?
In this episode of Money Sex Gen X, hosts Eric McLoyd and Scott “Big Stew” Stewart dig into the often-asked question: Do you really need a business plan to succeed?
They break down:
- Why one in five businesses fail in their first year
- The difference between formal education and real-world experience
- The most important components of a business plan (spoiler: it’s not just the executive summary)
- How to validate your idea with real market research
- And how to get your first customer before even writing the plan
Plus, Stew introduces Planet AI, a new tool that helps you create a business plan in minutes, not months. Whether you're planning to raise money or just want to organize your vision, this episode gives you the clarity—and tools—to move forward with purpose.
Key Quote:
"You already have a plan. I just want you to write it down." – Eric McLoyd
Plannit.aiCreate a business plan in minutes
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