39. Our Vision and Plan to Make Millionaire University a Billion Dollar Business and How to Create a Business Plan of Your Own with Justin and Tara Williams

Lately, I've been working with too many people who don't have a clear vision and plan of where they want to go and what they want to accomplish in their life and business. If you don't know where you want to go, then any path will get you there. You'll end up meandering and then wonder why you're not really getting anywhere in life or business. The crazy thing is recently when I was talking with Brien Gearin about coming on board to help us grow Millionaire University, he asked me if I could send him a business plan, and I realized I didn't really have one...Well, I did sorta but not anything that I could easily send over to him. This allowed me to think through our plan to grow MU to a Billion Dollar Organization over the next 10 years and helped me think through more about how I come up with and write business plans, and how and when you should write a business plan of your own. I hope you enjoy this episode. Feel free to send me your plan and or any questions you have at [email protected] 00:00 Introduction to Millionaire University 00:09 The Importance of a Business Plan 00:36 The Vision for Millionaire University 00:55 The Role of Stock in MU 01:22 The Challenge of Articulating a Business Plan 01:48 The Process of Creating a Business Plan 02:01 The Problems Millionaire University Aims to Solve 02:15 The Mission and Vision of Millionaire University 02:28 The Importance of Tailoring Business to Individual Strengths 02:59 The Role of Business Plans 03:25 The Importance of Having a Business Plan 03:35 The Role of Business Plans in Starting a Business 04:05 The Challenges of Writing a Business Plan 05:02 The Importance of Adapting Business Plans 07:20 The Importance of Vision in Business 13:50 The Role of Personal Vision in Business 23:47 The Importance of Goals and Timelines in Business 30:14 The Role of Problem Solving in Business 31:09 The Importance of Execution in Business 34:56 The Role of Partnerships in Business 45:42 The Importance of Smart Leadership in Business Growth 45:59 The Role of Flexibility and Adaptability in Business 46:42 The Power of Teamwork and Shared Vision 47:07 Exploring Different Strategies for Business Growth 47:15 The Potential of Podcasting in Business 47:33 The Value of Diversifying Business Tasks 48:02 The Impact of Effective Marketing and Advertising 49:33 The Importance of SEO in Business 50:36 The Role of Investment in Business Growth 51:46 The Power of Sponsorships in Business 52:47 The Importance of Email Marketing in Business 52:54 The Potential of Business Growth through Podcasting 53:23 The Importance of Having Fun, Making Money, and Helping People in Business 55:01 The Potential of Mastermind Groups in Business 55:34 The Value of Content Creation in Business 56:19 The Power of Networking and Connections in Business 01:02:09 The Potential of Business Growth through Equity 01:12:16 The Potential of Business Growth through Marketing Agencies 01:14:38 The Importance of Aligning Incentives in Business 01:15:59 The Importance of Taking Action in Business To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices