There is always a question like; how do you develop a good business idea and the motivation to make the idea a success? I guess this is why entrepreneurship is probably not for everyone.
Not many of us were born with a silver spoon in our mouth and not many of us will be at the very top of “who-is-who” in the finance and business circle.
Many of us will work for others while many of us will actually be able to employ other people to work for us. The people, who worked for others for their whole productive life, lament during their old age.
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Developing good business ideas in an uncertain future
Everyone was not born to be at the top of the affair and earn good money for life and during old age. Many of us will end up having monthly bills to pay and some debts to manage because we don’t want to be our own boss because of the fear that we might fail.
But the people, who risk their jobs and ventured into an uncertain future with just an idea to start a business, might be able to make an impact and create business empires around the world.
The fact is that all the big companies of today were started by individuals who were not only courageous but also had a vision for a better future.
Most of the big businesses have roots in a small startup in the spare rooms, garages, and warehouses. Companies like Apple and Microsoft were once garage startups.
SEE ALSO: How To Say Goodbye To Your Boss And Start Your Own Business
The founders were able to make a mark with their original ideas and created a well-founded business. It is not only IT, there are many other fields where you see neo-successful people.
Neo-salaried success
Have you ever heard of the neo-salaried successful man? Income from salary is limited but business gives you the avenues to explore the high paying territories.
“It takes more than a killer business idea to be a successful entrepreneur”
Someone jokingly said that to be successful in business, you’ve got to have hard skin to overcome criticism and negative feedback for your ideas. It is true to some extent.
SEE ALSO: Is Entrepreneurship For You? Have You Got The Right Attitudes?
Business ideas and partnership
Besides hard skin, you must have the determination to follow the path and find the people who can help you. Many great businesses were started by two partners.
An insight tells that one partner was technically sound and another partner was great in marketing the idea.
You may be having the ready product but you need to have customers to buy it. That’s the job of the people who have experience in marketing the products.
You can partner with your college buddies and friends who have the passion to be successful. Think of this, many founding CEOs of top Fortune 500 companies are dropouts from college or schools.
SEE ALSO: Top 5 Reasons Why You Should Aspire To Be An Entrepreneur
Is there a relationship between higher education and business success? There may be agreements but practically, there is no relationship at all.
If you have business ideas then motivate yourself and get started. The world wants to see and hear many success stories.
Maybe after a few years, you may inspire someone to start his or her own business.
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14 Comments
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Hi Anthony,
Entrepreneurship isn’t for everyone. In fact, some people would prefer not to have the stress, long hours and frustrations that often come with it. But for those who have a passion to follow a dream, entrepreneurship certainly has its rewards. Thanks for sharing with the BizSugar community.
I wholeheartedly agreed with you that entrepreneurship is not for everyone. To me, it’s like an unknown destination where only the strong and courageous ones will be able to succeed. I personally like where Anthony (the writer) mentioned “Many of us will work for others while many of us will actually be able to employ other people to work for us.”
I think, to start a business in a certain community, it is important first to determine the needs of the particular community. So that the opportunity to provide their need in exchange for a payment must be grabbed by a starting entrepreneur. Surely this can create a good Brand.
Great post, Anthony:
I don’t necessarily believe that a FULL business plan is necessary, like one of those thick book type plans. But I do believe that some type of road map is required to achieve your goals.
What I like to do is make “action lists” (my new word for checklists :).
At the beginning of each weak I make an action list for each day of the week, specifying the specific tasks I need to take action on and complete daily.
I couldn’t do without my action lists because it gives me an unbelievable since of productivity and I know that I’m taking the right actions to propel me towards my goals. I try to make sure that I don’t go to sleep without completing every action on my list and so far I’ve been successful at that.
Thanks for sharing your insights with our bizsugar community.
Ti
I understand where you are coming from. I think it’s not just about developing good business ideas but also about being motivated to ensure that that “good business idea” actually come to reality.
Thanks for reading and commenting!
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