Don’t Let a Forecast Fool You By James Benham Howdy! In today’s newsletter, I want to talk about something we all love to build, and almost always get wrong: forecasts. Revenue projections, growth models, burn-rate scenarios, you name it…we all obsess over the numbers because we turn spreadsheets into strategy. But here’s the problem: A forecast is not a plan. In reality, it’s just a guess. Sometimes an educated one, but a guess nonetheless. I’ve built forecasts that looked amazing on paper. They told a great story. They were detailed, optimistic, and backed by data. But, when I zoomed out and looked at what really drove outcomes in my business, it wasn’t the forecast. It was the discipline behind the daily execution. Because, truthfully: You can’t predict what your team will actually follow through on. You can’t model market timing or customer adoption with perfect accuracy. You definitely can’t spreadsheet your way around a broken sales process or an undisciplined spend. What I’ve learned the hard way: Forecasts are helpful only if they’re grounded in operational reality Overconfidence in your own numbers can blind you to what’s not working Discipline in the day-to-day matters more than any projected growth curve And most importantly: Hope is not a strategy. A forecast built on hope will sink you faster than no forecast at all. Important question to ask yourself this week: What part of your business are you forecasting… instead of actually fixing? Share This Recommended Articles Who is a Disruptor? 01/20/2024 Being a Bootstrapped Entrepreneur 02/01/2024 3 Ways To Nurture Corporate Innovators 03/19/2024