Jennifer Hoffman is burning up the blogging world in her new post at My Organized Biz. She’s asked us b5media bloggers to comment on simplicity. Here’s my contribution:
I am a firm believer in the “KISS” principle - that’s “Keep it Short and Easy.”
Henry Thoreau said, “Our lives are frittered away by detail; simplify, simplify.” And Einstein said, “Things should be made as easy as possible, but not simpler.”
In business, this principle is of primary importance. I’ve seen far too many business owners try to over-complicate their businesses, and their lives. For example, in putting together a business plan, they spend a lot of time and money buying business plan software, and agonizing over the details. Then they take their 40+ page business plan to a bank, only to find out that the banker wants to know only two things:
1. How much money do you want?
2. How will you pay it back?
They could have answered these questions with a one-page business plan. The simplest solution to a problem is usually the best. It’s also usually the shortest distance between here and there. Working on the KISS principle can help your business, and it can also make your personal life a lot easier.
Tags: baby boomers, Business Plan, Einstein, KISS principle, simplicity, small businesses, Thoreau
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