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Burn the Business Plan

What Great Entrepreneurs Really Do
in: Startups
Summary:

The book challenges the conventional wisdom that writing a detailed business plan is crucial for launching a successful startup, arguing instead that flexibility, creativity, and learning from experience are more important. It presents case studies and research to support the idea that many successful entrepreneurs thrive through experimentation, adapting to change, and taking calculated risks without following a traditional business plan.

Key points:

1. Unpredictability of Entrepreneurship: Schramm believes that adaptability is key for entrepreneurs, not rigid business plans.

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