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Living document

Living document

Search complete. 3 mentions across 1 episode found for "Living document".

Sep 24, 2026

speaker_2HOST
16:36
Precisely.
speaker_1HOST
16:36
So what does this all mean for the daily reality of running the business? The guide introduces the concept of the plan as a living document.
speaker_2HOST
16:44
Yes.
speaker_1HOST
16:44
Let me push back on this, though.
speaker_2HOST
17:28
Exactly.
speaker_2HOST
17:29
When a market condition suddenly shifts or a core assumption about your customer acquisition cost proves to be wildly incorrect in the real world, you don't just panic.
speaker_2HOST
17:38
You return to the living document.
speaker_2HOST
17:41
You update the financial model with the new, harsher reality.

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