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Overplanning Can Kill Your Business Idea

Overplanning Can Kill Your Business Idea

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    Most articles about starting a business cover planning. Creating your business plan. Creating your marketing plan. Creating page upon page of plans, plans with great intentions and perhaps excellent potential for success. There’s nothing wrong with planning itself; if there was, I’m sure we wouldn’t see such an emphasis on it in business literature.

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    But not so often mentioned is the dark side of planning, and it’s the dark side that captures many a bright and hopeful entrepreneur into its trap ensuring that their great ideas never see the light of day: overplanning.

    I’m sure most of us have known, worked with, or even been the person who falls victim to overplanning. It’s no surprise as the planning phase is a tempting comfort zone; the idea is that the more there is planned, the more that is lined up in a perfect row and ready to go for launch, the better things will work. Things rarely work out this way. Businesses tend to grow organically, despite the best-laid plans, and when they explode with popularity from the very beginning it’s often plain luck. They may have had a good plan to help them on their way, but so did a slew of viable business ideas that didn’t succeed.

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    What’s important to note is that people who get stuck in the planning phase and never move on to execution are often stuck in planning because they are scared. They’re afraid of how their idea will be received, whether it’ll succeed or fail, and scared that if it does fail it’ll reflect on their abilities.

    Execution of plans is an art, because few people can draw on the courage to make things happen.

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    Two Alternatives to Overplanning

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      So what can you do to avoid the trap of overplanning? There are two approaches that might work for you:

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      Ready, Fire, Aim: I’m not sure who first coined this phase that describes a particular way of operating, but the first place I read about it was in this article a few years ago. The premise is that you dive straight in and start executing based on whatever plans you had to start with — in other words, acting on your idea as a plan in itself — and making adjustments as you go along. This way you’re organically growing your business as you plan its future, making sure you don’t get stuck in an unprofitable no-action phase. It’s a good concept and can be applied to plenty of businesses, especially fairly basic ones that involve providing a service as a freelancer or selling a digital product.

      Plan Deadlines First:
      Another way to try and dodge planning paralysis is to make the first act of planning the deadlines for implementation. You might stipulate that you should be advertising and working with your first client by the 1st of the next month, or your information product will be edited and ready for digital distribution within three months on a specific day.

      The hard part about making this concept stick is that you might just change the deadlines. Do what you can to make yourself accountable. Many people suggest telling a family member or friend about your self-imposed deadline but I don’t think this works effectively. It’s better to book an ad with a non-refundable deposit or make some other sort of business arrangement for that date so you’re forced to be ready!

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      The first objection to that method of keeping yourself accountable is that you’re screwed if things go wrong and you simply can’t get ready by the deadline. I think it’s a fair risk to take and losing a deposit is much better than getting stuck in the planning phase!

      Lastly, I want to say that there are certain projects and endeavors that do take extensive periods of time to put together and coordinate before they can be launched. These are rare, few and far between and incredibly difficult to get off the ground, but they do exist. Chances you’re first business will be one of these? Well, I wouldn’t say it’s out of the question, but it’s also not too likely, so don’t use it as an excuse!

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      Joel Falconer

      Editor, content marketer, product manager and writer with 12+ years of experience in the startup, design and tech digital media industries.

      3 Simple Strategies for Dealing With External Distractions How to Use Parkinson’s Law to Get More Done in Less Time How to Master the Art of Prioritization the Right Way The Importance of Scheduling Downtime How to Make Decisions Under Pressure

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      Last Updated on May 23, 2021

      10 Best Free Job Apps You Need For Effective Job Hunting

      10 Best Free Job Apps You Need For Effective Job Hunting

      Seeking for the right job but not sure how to do it in a more effective way?

      Try job search apps!

      To make the job hunting process easier, I’m recommending 10 best job apps that can help you look for the right match anywhere at any time. The best of all? They’re all free!

      1. jobandtalent

      jobandtalent

        Great for browsing new jobs as you commute home via subway, bus or carpool, the jobandtalent app is like a Pinterest for job seekers.

        Easily browse, save and revisit job postings from your smartphone and receive notifications about jobs that match your professional qualifications.

        Download it for iOS and Android.

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        2. Jobr

        jobr

          This job hunting app is unique in that it lets you anonymously browse job listings based on your professional resume. If a company that you like also shows an interest in you, the app let’s you chat directly with a company rep. Great for getting your foot in the door and making a memorable impression.

          Download it for iOS.

          3. Monster Job Search

          monster job search

            I’m a big fan of Monster. It’s one of the first job sites employers think of when they want to list a new position online. The Monster Job Search app functions pretty similarly to the normal website, so it’s very easy to use for not-so-tech-savvy job hunters.

            Download it for iOS and Android.

            4. Jobs and Career Search

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            job and career search

              This is a good, simple app for browsing global locations for your next job. With a job index of more than 50,000 jobs listed globally, this app is a good choice if you are moving to a new area and want to line a new job up quickly.

              Download it for iOS.

              5. Hyper Networking Groups

              hyper networking groups

                This job hunting app isn’t so much a job hunting app as it is a connections hunting app. It’s great for learning who’s who in your desired field and forming connections. It also shows you how you and your industry connections are connected via your social networks, so you can follow up with them on your other social sites.

                Download it for iOS.

                6. CardDrop

                CardDrop

                  CardDrop is an awesome job hunting app that let’s you digitally drop and pick up virtual business cards. This app is great for helping you make new connections at seminars, interviews, meetings and conferences. You can also attach social media profiles to the cards you pick up or send to enable easier connecting on social networks.

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                  Download it for Android and iOS.

                  7. Job Interview Questions

                  interview questions both

                    Okay, so this app looks kind of outdated, but it’s super useful for getting you into the swing of answering any kind of interview question that is thrown your way. The big benefit of using this app is that it explains to you what your interviewers motivations might be for asking you a specific kind of question. Learn what your interviewer is looking for in your answers and be more prepared for the real interview when the time comes.

                    Download it for Android.

                    8. 101 Interview Questions and Answers

                    101 both

                      This app is great because it provides guidance about the kinds of answers you should give for each kind of question. Think of it as an essay rubric but for job interview questions.

                      Download it for Android.

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                      9. Job Interview Question-Answer

                      q and a

                        Feeling confident with your text-answered interview questions but concerned about doing the face-to-face interview? This app prepares you for interacting with your interviewer by simulating an employer asking you questions.

                        You can record your response and see what you look like to the interviewer to understand what movements, vocal pauses, etc. you need to work on.

                        Download this app for iOS and Android.

                        10. HireVue

                        hirevue

                          HireVue is a great job hunting app for those times when your interviewer wants to get some preliminary questions out of the way.

                          When an interested employer wants to interview you, they send you a request via HireVue and you can answer it in your free time, when you’re ready. Your interview might consist of a some FaceTime, some multiple choice questions or open-ended text answers and can be completed and sent to the interviewer when you’re finish.

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                          Download it for Android and iOS.

                          Featured photo credit: Yura Fresh via unsplash.com

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