Wednesday, January 27, 2010

Ron Kornfeld's Visit

I don't know why I keep putting off these blogs, I have so much information I could have input on if I just "liveblogged" it...maybe with an iPad soon...

Ron Kornfeld stopped by today to talk about business planning and the understanding of where he is with his business, NimbleSource LLC today. His explanations focused on the building up a business plan which is dynamic to the opportunities, plans, goals, and operations within the business and outside as well.

  • Document Choices
  • Expose Fallacies
  • Force Internal Consistency
  • Induce Self-Reflection
  • Demand Rhetorical Alignment


His five step outline on making sure the plan stays current was dead on. Making a commitment to these five properties keeps the vision in sight for those in leadership and also on the investment side of the business. Even years into the business, Ron explained, the plan cannot look the same as it did when it was first put in place or even how it did in the later stages of building.
  1. Identify Audience
  2. Outline Plan (Everything extremely important should be able to fit into a tweet according to Ron)
  3. Write Plan
  4. Review Plan
  5. Update Plan
One of the major problems Ron focused on was the drafting of the business plan. May times over, he explained, no one ever proofread anything in their own business plans. Outright, Ron would turn them down. Ron has obviously gone through this process many times over and helped to create business for people across the Puget Sound, as well as maintain what he preaches in his own businesses.

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