A new idea is merely combination of two or more old ideas. The creation of a new idea is critical first step in establishing any business. People who dream of setting up their own business but don’t succeed, generally fall into one of three categories:
(1)too few ideas (2)too many ideas or (3)waiting for ‘perfect idea’.
Any of these three states of mind may hinder budding entrepreneur.
‘Would be entrepreneurs’ with too few ideas.
These individuals typically say “if only I had ‘an idea’ for a business.”
Just remember that if you say you don’t have ‘an idea’ it really means you have ‘no-idea’! If this applies to you, you need to get cracking on that ‘first idea’ fast! As soon as you are able to dream something up, you’ll have essential ingredient that all successful businesses are built upon.
‘Would be entrepreneurs’ with too many ideas.
Can you ever have ‘too many ideas’ I hear you say? Well if your creative process leaves you feeling overwhelmed for choice then it’s definitely a possibility! Many highly creative people experience inertia in business purely because they have so many ideas. They don’t know where to start or which idea to implement first!
If you fall into this category, just pick one of your ideas (it doesn’t need to be your best one!) and begin to mentally develop it further. Consider first key steps you need to take to push your business idea forward. Remember that you don’t have to have a 100 page business plan or a fully formed idea before you can start taking action! All you need is a little focus.
‘Would be entrepreneurs’ waiting for perfect idea.
This is equivalent of expecting to know how to swim once you’ve found perfect swimming costume.
If you fall into this category, even if you do manage to find ‘perfect idea’, ask yourself whether or not you are going to have right skill base to get it off ground. Many successful entrepreneurs have failed many times before their ‘perfect idea’ came along. It is through being prepared to fall down and stand up again that you develop tenacity required to succeed in business.