Have you ever miscalculated how long it would take you to complete a task? It’s easy to do, especially if it’s your first time at doing something, or you’re depending on other people to help you get the job done. The same is true for your product and business development. The more times you produce an item, the better able you are to predict how long it will take you the next time. And the fewer outside people you rely on, the lesser are your chances of delay. Investors know what a realistic schedule looks like, and if your’s is not, they’ll suspect you’re naive and inexperienced or trying to make your business sound better than it really is. You need a schedule that shows the timing and inter-relationship of major events necessary to get your business off the ground and attaining goals. This not only helps you plan your business’ course, but also lets investors know whether your management team recognizes obstacles in your venture’s growth and can minimize these risks.