My time with Full Sail University is winding down. This month, I'll be putting together my business plan. As I was going through the program, I always wondered how that worked. I thought we would have to put our whole business plan together as an assignment that was due at the end of the month. Thank God I was wrong. I really enjoyed the fact that things were broken down into sections. This makes putting the final plan together much easier.
For the Leadership Portfolio for this class, we have to write about what experts thought about the importance of business plans. The main thing I learned from this is the importance of researching. You could have the world's greatest idea for a business, but if you don't have the supporting data then investors might not support you. Another thing I found interesting was the fact that one of the experts mentioned the term "ego business". This is pretty much someone who creates a business just to satisfy their ego, not because there is a need or a chance that people will have interest in it.
During this time, I had to privilege of attending a seminar entitled "Starting Your Own Production Company- A Primer". It was held at Future Media Concepts in Washington, DC. Since starting this program, it's something that I've considered. Who says I have to work for someone else? Why can't I be my own boss? I'll take the things that I learned from the panelists and apply it to myself if I ever decide to start my own production company.
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