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Business Plans – Crucial Or A Waste Of Time?

A well-researched business plan can be a waste of time, but it can also show your ability to follow through on an idea.

Here is what legend entrepreneurs – Kevin Ryan, founder of DoubleClick and Gilt Groupe, Marc Andreessen, founder of Netscape, and Facebook’s Mark Zuckerberg – say about the importance of business plans:

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Kevin Ryan
Founder of Gilt Groupe and former CEO of DoubleClick
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Thomas Gensemer
Managing partner at Blue State Digital
[image url="http://static.businessinsider.com/image/4aba9af2314e230c27b97ccf/image.jpg" link="http://www.businessinsider.com.au/innovation-series-marc-andreessen" caption="" source="" alt="" align="left" size="xlarge" nocrop="true" clear="true"]

Marc Andreessen
Founder of Netscape
[image url="http://static.businessinsider.com/image/4acf359b000000000097ddc0/image.jpg" link="http://www.businessinsider.com.au/innovation-series-mark-zuckerberg" caption="" source="" alt="" align="left" size="xlarge" nocrop="true" clear="true"]

Mark Zuckerberg
Founder and CEO of Facebook
Disclosure: Marc Andreessen is an investor in The Business Insider.  Kevin Ryan, is also a co-founder of SAI.

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