One of the essential rules of your Triangle is to “treat your life as a business”. In fact, this is side one. You may not be a business, but who has ever wanted to live their life in the red. Living in the red means that you are living above your means, or your expenses are eating away at your profits and you are making Zero dollars. When a business opens up they have their first year to find their footing into success. After that they are left with two more years to find a solid security in growth. Ultimately if you are not in the black by year three than you are a failing business.
While you may not be a business, your life should be your business. You want to live. You want your business (life) to strive and succeed. You want your actions and products (actions / ideas) to be fruitful and advantageous to your personal path. This all comes from treating your life as a business. Take responsibility in your options and opportunities. Even if you have a job working for someone else, that job is only a source of income that helps sustain your life (business). Budget your time, money, and income / outcome. Know what you spend and why you spend it.
How does a “Business Plan” really help with this? It gives you direction into your personal goals and ideals. Where, in your life, do you want to be in the next year, five years, and ten years? This is explored in your business plan. Look inward to your life and what you are or have been searching for. Learn to handle your actions as if it meant the fall or rise of your company. After all, it does mean the fall or rise of your life. Businesses have four levels to their foundation. They are only doing one of these; Struggling, Surviving, Growing, and Expanding. Which one is in your control? They all are.