Planning is vital for success in business! #GreatMinds

An entrepreneur must work on the development of a sound and robust business plan to succeed in his venture. S/he must meticulously follow this business plan all through the implementation and operational phases of the business. Whereas a competent entrepreneur can create a wonderful business even from an ordinary business plan, an incompetent one can ruin even a first-class business plan with no worthwhile outcome.

Here’s what Warren Buffet, American investor and business tycoon, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.