Ok, so you have a great idea. In the early
hours of the morning this idea has the potential of Google as it floats around
in your semi-sleep state. You wake up and write it all down with flow diagrams
and income streams all neatly defined. Now what?
Taking an idea from concept to reality is
what makes us Entrepreneurs. People who are able to think in solutions and not
problems. Living out of the box takes energy, courage and risk, but this is
what makes change happen. We are the ones who move the cheese.
Here are some simple questions to explore
when next you have an entrepreneurial epiphany at 3 am.
- Is this concept still real once it has been
written out?
- Is there a need for this concept in the
current or near future market?
- Is there a want for this concept in the
current or near market?
- Can a need or want be created for this
concept?
- Is the technology currently available to realize
this concept?
- Who else is currently doing something similar?
- How is your idea different to theirs?
- Who can I chat to get a second opinion on
this concept?
Knowing the answers to these questions will
assist in placing your concept on the road to reality. On the other hand, here
are some points of warnings to be followed:
- Never share new ideas with your mom, she
will always protect you from change and say no.
- Never share new ideas in a pub or braai
once you have had a few frosties, it always comes out wrong and others could steal
your ideas.
- Never go to market and announce your
brilliant concept at the next networking event without having done any
research.
- Do not make a website and print business
cards until a full feasibility study has been done.
Always Google the idea before thinking you
are the first, even the wheel was invented in 6 different places around the
world at the same time. Make sure you have a solid platform to stand on before
you begin shouting, you do not want to end up on YouTube idiots of the week
show.