Why Writing a Business Plan Destroys Entrepreneurship

At the tender age of 7, my swimming coachbusiness plan consisted of at least thirty pages and I
attempted to drown me.struggled vehemently to get past the first two pages.
Growing up in Nigeria, a full-sized swimming pool wasThe plan required too much information. You needed a
very hard to find. So it was a pleasant surprise when Imission statement, a budget, a five year vision, a
discovered that my neighbors from across the streetbusiness name and much more.
had an actual pool. Unfortunately, my excitement wasMy inability to get past the first two pages of my
quickly dampened by a lingering reality, "I couldn't swim."business plan inadvertently stalled my business dream.
While the other kids jumped and splashed around theAnd would have killed it completely, if it weren't for a
pool, I remained rooted in the shallow end engulfed in asimple phone conversation...I needed price-quotes for a
resplendent glow. A glow that emanated from thewebsite to complete the budget section of my
numerous orange colored swimming aids thatnever-ending business plan. So I called upon the only
prevented me from drowning in the shallow end! Forweb developer I knew, my older brother. To create a
years I sat at the edge of the pool wondering what itwebsite I was informed I would need at least $1000! I
would feel like to swim unassisted in the deep end...untilwas shocked but intrigued at the prospects of having
one summer I met Coach Mike.a website created.
Coach was a rocks answer to floating. He was what I"But I don't have a business name and my plan is not
needed to overcome my fear of the deep end.complete" I blurted out to my brother. The response
Coach's promise was that he would have meover the phone was an almost one minute long bout
swimming laps around the pool by the end of summer.of uncontrollable laughter.
The next several weeks would prove to be grueling"Business plan?" my brother stuttered incredulously.
as I was subjected to a strict regimen of numbing"You don't need a business plan to build a website and
exercises; from the wall-paddling to the free-stylesurely you don't need a business plan to start your
"float assisted" glide. Soon I became an expert,business."
conditioned to swim effortlessly in the shallow endBut everyone said you needed a business plan. Even
without any assistance.the lawyer at the entrepreneurship forum echoed the
After weeks of intense training, it came time for us toneeds of a business plan. But then I remembered she
test our skills in the deep end. Now this was the truestarted her law business only because she got laid off!
test of swimmers. It was what separated the rocksBut what about Kamil? He had written up to 3
from the feathers. All we had to do was dive into thebusiness plans, all of which were brilliant. However, he
deep end with floaters and swim across the face ofstill did not have a business. He had three concrete
the pool to the opposite end. One by one, each kidproposals, but no business. At that moment, I realized
splashed, wriggled and paddled their way to the targetthat contrary to common knowledge, my business plan
destination. Every kid, except me. Overcome by fear, Iwas actually an obstacle that had prevented me from
stayed planted to the edge of the pool. The coachstarting my dreams.
employed different strategies to get me to jump. HeThe next morning, I took a leap of faith and mailed out
tried encouraging me, but that didn't work. He evena $250 check as a down payment to begin work on a
tried screaming at me, but the more he yelled, thewebsite. I didn't have a business name; neither did I
more terrified I became. By this time the entire poolhave mission statement. But with $250 invested in a
area had come to a quiet standstill, everyone hadwebsite, my mind suddenly became productive. And
stopped swimming. The resulting silence was suddenlywithin a week I had come up with two different
disrupted by a loud scream and subsequent splash.business names, a mission statement and a one page
That was the sound of me being flung several feetbiography. An act that led to the creation of Ofili
across the pool, landing awkwardly in the now stillSpeaks Inc and a business. A business that has seen
water...I struggled frantically to stay afloat, kicking andme travel all over America and potentially author a
paddling with the conviction of a man doomed to abook. Accomplishments that were never captured on
bitter fate. In all the chaos I could hear the muffledthe pages of a business plans.
sounds of bodies splashing around as they dived toAs I write today I reflect deeply on the instance I made
rescue me. But in my state of confusion and panic, Ithe decision to start. That moment allowed me to
kept paddling frantically and then suddenly I stoppedbegin a journey. A journey marked by tears, laughter,
struggling and just swam...I could swim!disappointments and occasional triumphs. But most
Several years later, I found myself in a similarimportantly, a moment that enabled me to struggle but
predicament. As I stared down the deep end of life,swim against the harsh currents of business
yearning to jump in. But this time, I was stuck in theentrepreneurship. After I was forced into the pool, I
shallow end of corporate America, working a 9 to 5realized that I had always possessed the potential to
routine job. I had a passion trapped inside of me, aswim. But yet I was stuck at the edge, paralyzed by
strong desire to impact my community through publicfear and weakened by excuses.
speaking and writing. Instead I was stuck on the edgeToday's business dreams are trapped, in the same
of life crippled by my inability to come up with away, on the edges of great minds like yours. Your
business plan. I had heard the business-plan-advicedreams are waiting to leap unto a website, a brochure,
everywhere, from financial advisors to legala store...but sadly they lie dormant, waiting for the
practitioners...perfect set of circumstances to bring them to life.
"You need a business plan to start a business"Unfortunately, those circumstances often come in the
"A business plan is a must if your business is to stayform of layoff's or financial difficulties. Your dream is
afloat"too precious to be imprisoned by a metaphorical
So for years, I tried working on a business plan, but thisbusiness plan. Start your dream, discover your potential
turned out to be quite an impossible task. The averageand draft your business plan as you swim along.