207. Baking it Down - Nobody Likes a Party Planner

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💡 No One Likes a - Party planner (ideas without execution).

💩 A forced a play on words from "no one likes a party pooper" - but in this case, we're focusing on 🧠 "ideas guy" who love to plan and fail to launch. These folks talk up "the next great thing," and yet the idea never exits the ol' cranium to make it to market.

🗺️ Having a plan is good - but too much of a good thing, and you've got either a perfectionist or a serial starter, but you definitely 🚫 don't have a viable product. ⚔️ And that's why planning is a double-edged sword. You have to have a plan, but some bakers turn "making a plan" into a never ending excuse as to why they've not launched [that cookie class] or [that new bakery item] or [the vendor event that's now since come and gone] or [that cookie cart]. You get the point. 🚧 They turn planning into roadblocks.

💭 They spend their whole baking lives in the dream stage so that they never have to take the risk to launch and possibly fail. But our challenge is to accept failure and fail forward. Here's some ways to ensure you're not a party pooper... I mean, planner.

💡 1. Determine your mvp

MVP = minimum viable product. 🤏 That's the "least amount I need to do to be able to take this concept to market for a v1 release." In simpler terms, what's the simplest thing you can produce from your idea and use to test if your marketing would bite? 

This "MVP" concept forces the forever-planner's hand by making them launch as soon as something is good enough. They can't wait until it's perfect because it's no longer the minimum viable product. Take Stupid Car Tray (podcast sponsor - use code SUGAR to save 15%). They're on their v3 tray. What if they'd only launched when they felt their product was super refined? 🤑 They would have missed years of sales. Same with you, ya party planner. Stop planning, start pushing out product. See if they bite. If they do, then improve. 🚀 Launch and learn.

💡 2. Two types of "party planners"

Okay, maybe "party planner" wasn't my best play on words, but there are two types of "ideas guys" - which camp do you tend to find yourself in? 

• 🏢 The Perfectionist - The perfectionist builds the perfect skyscraper. It's got the best finishes, the best appliances, the most amenities, but they never list the condos for sale. They're in a perpetual state of trying to make everything good, better, best. They never fail because they never open.
• 🏚️🏚️🏚️🏚️ The Serial Starter - The type of person who lays the foundation for many ideas, but never builds a single house. This planner loves an idea, runs out to source materials, then panics at the thought that they weren't naturally talented at the thing and jumps on the next bandwagon, leaving a trail of partial starts (and budget buster) in their wake (and basement storage closet).
• 🏡 We need to be the single home builder who lays the foundation, constructs a modest home (aka MVP), sells it, then gets hired to add on to the home later. At all stages, this planner is generating income while improving their craft.

💡 3. Plan = yes | Overplan = hard pass

Planning is a business necessity. 🗺️ Venture out without a map and you're bound to get lost. 🧭 But business (and life) exist in the gray areas. Same with planning. ❌ Spending no time planning is just as bad as spending all your time planning. 👎 Plan enough, then take that first step out there. Remember - you can always tweak. ⏳ But you can't time travel, meaning we can't go back and lau