Successful business ideas have a time and a place to be born. This is a bit of a “way out there” concept that Andrew Jeffers borrowed from Bob Procter. Nonetheless, knowing when to launch your idea into a new business is probably the most important decisions you will make in your life as an entrepreneur.
In this 2 Minute Accountant episode, watch Andrew Jeffers as he discusses the premises that ensure the launch of a successful business, from idea to implementation.
There is a time and a place for all successful business ideas
When you have a new business idea, you need to launch it to water. It doesn’t matter what time it is or who is around you or whether you are tired. If you trust that idea to have a true potential for success, you need to transform it into action.
You need to get it out and ensure you understand it.
Obviously, what backs it up is action. But having that idea, there has to be a right time for it. There is a time and a place for everything.
Are you about to launch your idea into a business? Learn about key tips for putting the right price on it.
Launching a business: getting the right support
Think about having a baby. When you have a baby, the baby comes when the baby is supposed to come.
The important thing for the mother who is about to give birth is that she is surrounded by people who support her. She doesn’t have people around who say, “Oh, you’re an idiot for getting pregnant! You’re an idiot for having a child so young! You’re an idiot for having a child so old!”
She has her support network around her and as soon as the baby comes into this world, everyone rejoices with the new family.
A business idea is similar in the sense that there is a process of “giving birth” to it.
It needs time to grow and develop; then, there is a time for it to be tested and checked for potential threats. Finally, the idea is ready to be launched.
And throughout this entire process, you will need a support network. It makes a huge difference when you are surrounded by people who will support you in pursuing that idea. You don’t need the naysayers, even if they are the people who love you that they tell you, “Awww I don’t want you to fail”.
Surround yourself with people who will say to you, “Yes, you can do it. Yes, I’ll stand by your side and yes, I’ll help you get into it.”
Bulletproof your new business idea: learn why hiring a professional accountant can help your business
Successful business ideas are backed up by action
Having an idea without having a good habit and pushing forward with action is useless. You can have a million ideas. God knows, I have a million ideas every day! But if you don’t put them into action, then you can’t make them work.
So the takeaway point here is when an idea is ready to come, embrace it and surround yourself with people who can help you foster and care for it.
Now, here’s the good news: We’re going to run some free webinars to provide this kind of support, training and mindset for success.
Still testing the waters of entrepreneurship? Here are 4 things you need to understand before starting a business.
Successful business ideas: ready for take-off?
Here at Shuriken Consulting, we’ve made it a habit to assist young, courageous businesses achieve success. If you have one or more successful business ideas and you want to materialise them into a company, we’re here to help. Let’s get in touch!