Ideas are worth NOTHING!

Ideas are worth nothing, until executed.

You might have gotten an amazing idea even just while reading this which can fetch you your first million dollars. We come across so many people talking about their ideas and sometimes, we ourselves get many everyday while bathing but its the implementation of that Idea which plays the major role.

Well, I must say you are still on the more productive side of life, if you are the one discussing Ideas with people than other people.

Here I wanted to talk about how to get into the process of implementing your ideas.

Know the presets!

Understand your Idea. Have clarity that how exactly it helps people. Whats its purpose?

Understand the Industry. How that industry works? Do your belong or work in the same industry or its new for you?

Understand the competition. How do the market participants work in that Industry? The lesser the competition, the better it is for you.

Is your Idea unique? More the uniqueness of your Idea, the better it is going to be for you.

If any of the above point makes your feel unsure, you need to rethink it and that's where we move to the next step

Research!!!

Research is gold. If you do not have clarity over any of the points above, your need to dig deep. Know the industry, know the target clients, interested participants, know your own expertise, your strategies, plans, market share of participants, quality of the product or services which they provide and of course, whether it is going to fulfill your purpose of either making millions or may be just impacting people's lives.

Reach out!!!

You know, no one can do everything alone. You need people and good people. Network. Reach out to people who may have expertise in their respective fields. Take the inputs.

Who can be your customers, buyers, investors, workers or anyone else. Take advice (just listen, don't believe them blindly if they say its not gonna work). Ask regular people if any such product or service is there, would you pay for it or would you be a part of it or simply invest your precious few bucks on it?

Decide if you are you ready to take the plunge?

Business and ventures need energy, time, efforts and lots of patience. Rome was not built in a day! Are you passionate to put all of it in it or its just an excited electron jumping here and there.

Write it down!!!

Its important that you have a master plan for it, once your idea has passed through all these tests. Write all your findings in that one big piece of paper, that gives you complete clarity of how everything and keep adding your finding.

Once you are convinced of your own proposition.

EUREKA! YOU ARE GOOD TO GO!

NOW, IMPLEMENT!

Now comes the real and most crucial part of your business, if this isn't done, every thing above is worthless.

How to do it?

Write things, as much as you can. Keep a journal of your daily, weekly, monthly and yearly goals. Track it on a regular basis. Have a deadline. Fulfill them.

and the most important, Have patience and don't give up until you are done!

Thanks for reading! :) Have a Great Day! :)