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I think with a five year projection, he's missing the point. It's purpose isn't to show where you'll be in five years, but rather to allow you to show your assu
by ig1 17y ago
I think with a five year projection, he's missing the point. It's purpose isn't to show where you'll be in five years, but rather to allow you to show your assumptions and understanding of the market. Are you plucking number out of the air, or have you derived your figures in a logical and well-thought out manner with the assumptions clearly identified ?
- the_real_r2d2 17y agoBut as a entrepreneur, Do you really know that data? What are your sources? What are your tools to make the forecast? Yes, generally you do not have any of them and they know that. Your forecast is just a very empirical calculation with a large margin of error.