Business Plan – Why it is important

Business Plan is a direction of what will going on to you business. Its show up all what activities you will do by step, from the beginning until achieve to the goal. For the detail of all activities are Operation Plan, Management Plan, Marketing Plan, Financing and include all risk analysis. Then we use to setup the direction and position of your business to follow the plan until achieves the goal.

What will you get for Business Plan:

- It helps to set the direction for entrepreneur
- It helps all staff can join, brain storming and respond to set up the direction of organization
- It shows what the organization will going on in future, will be able to face the competitor, and will be able to face to the unpredictable of economic, also it can change a strategy and operation with efficiency.
- It will be the direction of all part of your organization to follow up your strategy.
- It can create the truth of outsider, because business plan is a reflection of your professional organization management.
- It shows a potentiality of your organization.
- It can show the demand of your capital in both shot term and long term plan.
- It is a tool that can measure of your organization movement (fail or achieve)

Compare to simple case:

If you want to get a beautiful girl to be your girlfriend, will you go direct to her an request her to be your girlfriend? Mostly people didn’t do like this right, but if someone say “Yes”, will you thing that girl will deal on your request at that moment. Absolutely “NO” (except you are great handsome, billionaire or that girl is crazy). If I compare you as a Product, do you think you have a perfect good looking on yourself or not. If not you have to develop yourself right; such as your cloth, your decoration or other option that can increase your value up. After that, you have to analyze the share market of this girl, and do you think will you get how many percent of first attraction or do you have any competitor you have to get that share market. Then you have to look for the Place or Channel that possible to get close to her or how will you present to her. If you have any promotion, you have to put everything to let your targeting attend on you. If some way fails, do you have reserved plan (Plan B). And you can’t forget to thing about the financial of you. How much will you invest in all activities? Anyway, your targeting is to get that beautiful girl to be your girlfriend. You must set up your plan to achieve your goal, but if there is some fail you can change the direction on the right way. If you didn’t plan for all “Do you thing, it is easy to get that girl?” Right…

Things before being an entrepreneur?

Courage and Moderate Risk Taking
Yes, this is a first main thing you have to have. You might have heard “High risk high return”. All business have its risk, if you courage enough to fight with that risk, you have a bloody of entrepreneur. There is one book said about “the one meter of your courage”, it has 3 types of space for you to jump; first one you have to jump across one meter pit that down the pit has only water, do you dare to jump? Next, there is the same one meter pit, but down there has a crocodile, do you dare to jump? The last one there is the same one meter pit, but down there is a 300 meters deep hole, do you dare to jump? There are the same one meter pits, but it is depend on you that you courage enough to jump or not.

Action Orientation and Success Orientation
If you want to be an entrepreneur, you should have an intention to work hard on your duty and intend to follow your target mission. All entrepreneurs suppose to work hard, and enjoy with the work. You have to like it, love it and imaging there is one part of your life.

Perception of Opportunities
Have you heard this “money is in the air”; it is truly that everything is money. It is up on you that how will you tell the people to believe and buy your product or service. In many companies always think that how to get money form your pocket as much as they can, so that why we need to have a marketing strategy.

Goal Setting and Continuous Goal Setting
Everything that you are doing have a goal. Goal came from your need, what you want to be and on that need it should focus and concentrate to achieve your goal.

Long Term Perception
You might see CEOs visions for many companies. That is a long term perception for them. Why is it important, because it is a thing that your and your organization should do something to success on that vision. You have to plan what, how, where, when and why your company should on that future.

Motivation and Energy
It is very important for you’re to be an entrepreneur, you have to love what you are doing, and also you have to motivate other people to work like you too.

Response to Failure
Every road always has threat; this sentence would be best common for easy understanding. When you are doing a business, you should put down your broken heart (fail) to one hand. It can be a teacher that gives you an experience. Also this experience will be the strong energy for you to run on the future. Don’t feel the fail is bad thing. It is a good thing for you; you will have a knowledge protector in your business life.

Problem-Solving Behaviors
Individual or group work is one thing that you will receive in your business life. When you have discuss with all people such as; partner, customer, supplier or yourself you might feel that why this happened, but in fact the problem that give a strong knowledge in to your business life. If we are looking to people, we have a lot of diffidence idea for individual. Some people can work with other, but some can’t. That’s why we have to study on human behavior or managing behavior, to study why people act like this.

These are only one simple part of entrepreneur character. Mostly all knowledge will come out when you step on business. You will look for how to be survive from all situation of business. Its can say that Your Experience is a big important part of all.

Will you start for now???

Mission of Wee Knowledge

Hi all,

My name is Watcharin Keovimol, I still studing on Master Degree (MBA) at Rangsit University, in Thailand. My friend and I will to create a blog that give and share the information of business issue to the publish. My publisher partner are Mr. Fastz and Mrs. PL.

Why I called Wee Knowledge, because I am just only a small part of cyber world, but in a small blog I would like to share as much information of business skill to all people in cyber world. In future I wish to publish my own company name Wee Corporation (LOL) Yes! it is a small company but it will have a great of managing in organization.

Mission of Wee Knowledge

• Wee Knowledge will publish a business information to people all around cyber world. In the business information will compair with our real life in present. As we know our world are changing everyday. So, if we are not flexible to what it is going on we are unable to be stand still. In Wee Knowledge blog will tell the technic what will going on and what will do in our business life.


• Wee Knowledge will be a discussion blog for people who like to enjoy doing a business and be an investor. Wee Knowledge will tell you how to make and deal a business with people.


• Wee Knowledge will be a place of all generation.