Expert Views on Business Plans

The views on business from the experts below did bring a lot of insight on how to successfully handle a business. To begin with, America’s Top Chef Bobby Flay owns several high-end restaurants, and casual dining burger places. Together these establishments gross million of dollars a year (bpexpertviews.com, 2011). The one thing I thing is important to highlight in this expert’s vision is that he diversifies. I believe that diversification would be a great tool to make use of in my business plan. For instance, this businessman did not limit himself to restaurants; he became a spokesman and an author but managed to keep his vision within the original industry.
The next successful businesswoman I admire the most is Oprah Winfrey. To try and number all of Oprah’s accomplishments would take book. She started out as a broadcasting pioneer, and went on to become a titan in the entertainment industry (Allen, n.d.). Oprah’s vision is and always has been of particular interest to me. Oprah is the perfect example of how one can be successful in any business when one works for a community’s best interests. With all her success, Oprah has always found the time to do her fair share of charity work, community involvement and much more. I think a part of a business plan should always include giving something back to the customer’s that keep the business profitable. For instance, a lot of businesses contribute to charities and encourage employees to do so by offering to match a percentage of their donations to the charity of their choice.
Another businessman who has left his mark in the business world is Donald Trump. He is the New York real state magnate. His vision has always been to lock the best business deals he can. Donald Trump has countless properties and has become a true entertainment personality having host a business show (Investingvalue.com, n.d.). The one quality Donald Trump has is his people skills. Although this term has become meaningless overtime it is an asset on the business world. A key to running a business is learning how to read people and what they do. Today many businesses even train their employees on reading body language in the workplace. This to me would be the take away I would incorporate into my business plan.
In closing, when starting a business one has a lot to learn from those ahead of us. Their ups and downs are something we should always study carefully and learn from.

Allen, S. (N.d). Reader’s most admired entrepreneur. Retrieved June 22, 2011,
Fromhttp://entrepreneurs.about.com/od/famousentrepreneurs/p/oprahwinfrey.htm
BP Experts Views. (2011). Bpexpertsviews.com. Retrieved June 22, 2011,
From http://bpexpertviews.blogspot.com/
Investing Value. (2011). Investingvalue.com. Retrieved June 22, 2011,
From http://www.investingvalue.com/investment-leaders/donald-trump/index.htm