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Special Forces, Startups and the P.A.C.E. business plan| Havok Journal

Special Forces, Startups and the P.A.C.E. business plan| Havok Journal

To quote one of my more colorful and influential Special Forces instructors during the train up for SF selection, who we will call ‘Mike’, “Have a plan. And have a plan for your plan… because you are ignorant and your first plan sucks.”

In the old days of Silicon Valley it was required to have a detailed business plan before pursuing external investment. However, in today’s ultra-high paced startup environment, a formal, 55-70 page business plan, with requisite 3 year pro forma, is no longer relevant.

Source: Special Forces, Startups and the P.A.C.E. business plan