Tag Archive: Business Plans

10 Lessons for Entrepreneurs, from LinkedIn Co-founder Reid Hoffman

I was fortunate enough to be present at Saïd Business School on Sunday, to hear LinkedIn co-founder Reid Hoffman in conversation with Dean Peter Tufano. At the start of the session, Dean Tufano announced that Hoffman, who studied philosophy at Oxford, is donating $1m to help fund The Oxford Foundry, a new hub for future student entrepreneurs from across Oxford.

Starting on such a positive note, the ensuing hour was packed with insights and takeaways for entrepreneurs and business leaders. Here is my Top 10:

So, What Would be Unique About a POSITIVE Business Plan?

What do you think of when you hear the words “Business Plan”?
• A dry, weighty document, full of jargon?
• Pages of spreadsheets, showing income and profit projections?
• (Perhaps) a “Mission Statement” on the cover, with (perhaps) a picture of the CEO above it?
• Something for senior management – never to be read or engaged with by the wider Team?

Imagine if your business plan was an inspiring piece of work…