| Subject: What is your personal biz-plan? |
Author:
Lorenzo Bocchese
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Date Posted: 07:13:46 08/22/02 Thu
Ciao.
In Hentern it was discussed the need to work on the biz plan of the Fools Residential Community (F.R.C.).
At the moment there is the blurb I wrote, but what is still missing are the down-to-Earth statements that allow to realise what the F.R.C. is about in terms of resources, money, abilities, skills etc.
F.R.C. BIZ-PLAN = CONTAINER AND OPTIMIZER OF PERSONAL BIZ-PLANS
So, it is necessary for all the Fools who are interested in the F.R.C. to be able to self-support in order to start off the F.R.C. healthily, avoid dependence and create the conditions for interdependence.
In Trier, discussing just before separating, it was possible to realise that the F.R.C. biz-plan needs to be the result of the resources and potentialities of the single Fools who are involved. Starting from there, the F. R.C. biz-plan will represent and optimize them all.
EXPRESSION CREATES FREEDOM AND INTERDEPENDENCE
Fools showed different ways to involve themselves in the F.R.C. According to the different aims they have got, some Fools want to live there, some others want to stay there for some months or a shorter period of time, some others are interested in giving help but are not interested in the residential issue.
At the state, it seems important to give everybody the chance to express. Once it is clear what the resources are, it will be possible to think of a healthy way to manage them.
The F.R.C. is/will be the result of the commitment of several individuals joining it, but it will be also something more than the simple sum of the singles. It will be alive on its own: what I see is that also the relationship between the F.R.C. and the individuals that are creating it will need to be interdependent. Therefore it will be important to work towards creating the conditions for the F.R.C. to be freely alive not depending by the presence of the singles.
If this is important from the masks point of view, as the AoL DG members already know, it is also fundamental from the resources point of view.
That is why the direction needs to be that no-one will own the F.R.C. and it is necessary to set the conditions for the F.R.C. to support itself.
WHAT IS A BIZ-PLAN?
We all, even if unaware, have got a biz-plan for their own life.
On one extreme it is to plan, schedule and budget everything. On the other extreme it is to go deciding every single moment, with no plans at all. Both extreme are valuable and bring consequences. In between, there is a whole range of different mix.
As a single individual, I am free to choose whatever suits me.
As a member of a Community, I am free as well, as long as, expressing and making clear where I am, I give freedom to the other members. They need to be able to take consequences from my decision, in order to protect both themselves and the Community and to be free as well.
RESPONSIBILITY AND COMMITMENT
In my life experience, different matters involve me in different ways and get me to choose differently. But when I get to a life decision, like the one of being involved in the F.R.C. as a Residential Fool, then clarity, both for myself and for the others, is really necessary. Even if it is clarity about expressing doubts.
Again, in my experience amongst Fools expression is the only effective protection I can ask for. Once I know what the situation is, the rest is about me just committing to take responsibility of my choices. And being player, available to fight for them.
For me one of the big challenges that the F.R.C. issue offer is the fact of keeping to think in circle. At the moment what I see is that the circle is gathering, the masks are naming themselves.
SOÉ
Please find here onward the biz-plan form that is the actual frame used for building the Community biz-plan.
Use it for yourself. And, in particular, answering the questions about your own life biz-plan:
1. make clear how and where your personal biz-plan matches with the Community one in terms of mission.
2. For surviving you probably need money. Whether you already have it or you want to earn it working, state what sort of work, that you would anyway provide for yourself, can be of help for the Community. How can the Community be of help to you? Are there pluses that you, or the Community through you, can offer to the market you want to address?
3. State what your resources (masks, abilities, skills, money, time and whatever else) are, resources that could make you live anyway your life on your own, but that you are willing to share in the Community.
4. State what your wishes for the future are in terms of using your personal resources and giving a directions to them that can help the Community to come alive and, in the middle-long term, to self-support. Can you set a time reference point for yourself to fulfil your wishes?
5. Are you aware of what is the value of the resources you make available, what are they worth of? This is important because if, as it seems, at the beginning of the F.R.C. money is a scarce resource, it will be necessary to find a way to validate any energy available in a different way (a LETS system?). But, till then, as value-wise money is the main reference point for the 'normal' daily life, can you translate into money the value of your resources? In order to check this out, when pricing it is important to keep the market as a reference point: in your experience is the market available to pay what you ask for what you offer?
6. In the F.R.C. project there are some risks. Can you list the ones you see for yourself, what you are available to do in order to minimise them, and what you need from the others?
7. Can you list and schedule time-wise what your next steps are for your personal biz-plan? What do you want to do in order to go towards your personal aims and, in your opinion, how does this match with the F.R.C. project?
OK. This it, for the moment.
I tried to wear the biz-facilitator mask in order to write this down. If it is incomplete or you feel that something is missing you are welcome to complete it. If something is difficult for any reason, please let me know.
Till the next.
Ciao
Lorenzo
FOOLSPACE (my working title)
Act of Life
Mission Statement
A clear statement of your company's long-term mission. Try to use words that will help direct the growth of your company, but be as concise as possible.
The Team
List CEO and key management by name
Include previous accomplishments to show these are people with a record of success
Summarize number of years of experience in this field
Market Summary
Market: past, present, & future:
Review those changes in market share, leadership, players, market shifts, costs, pricing, or competition that provide the opportunity for your company’s success.
Opportunities
Problems and opportunities:
State consumer problems, and define nature of product/service opportunities created by those problems.
Business Concept
Summarize key technology, concept or strategy on which your business is based
Competition
Summarize competition
Outline your company’s competitive advantage
Goals & Objectives
Five-year goals
State specific measurable objectives
State market share objectives
State revenue/profitability objectives
Financial Plan
High-level financial plan that defines financial model, pricing assumptions, and reviews yearly expected sales and profits for the next three years.
Use several slides to cover this material appropriately.
Resource Requirements
Technology requirements
Personnel requirements
Resource requirements
Financial, distribution, promotion, etc.
External requirements
Products/services/technology required to be purchased outside company
Risks & Rewards
Risks
Summarize risks of proposed project
Addressing risk
Summarize how risks will be addressed
Rewards
Estimate expected pay-off, particularly if seeking funding
Key Issues
Near term
Isolate key decisions and issues that need immediate or near-term resolution
Long term
Isolate issues needing long-term resolution
State consequences of decision postponement
If you are seeking funding, state specifics
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