Growing Pains

We’ve all been in this situation– we’re sitting around when, KABOOM, a fabulous new business idea knocks us out. We are giddy with joy! We can quit our job, be in charge of our destiny, and make lots and lots of money. The future suddenly looks very bright and everyone is on board. So how do you start? Do you need a business plan? Who can help? And with time, more concerns arise: raising capital, market penetration, sustainable growth. Later on you start to question if your wonderful idea is indeed that wonderful. And, eventually, you come to a fork in the road: Do I keep trying or is this an exercise in futility?

Implementing any new idea or business is tough stuff. As you become more informed, you realize there’s a fine balance of persistency (Did someone else capitalize on your idea?) and knowing when to move on (It’s time to walk away from that slot machine). Only 10% of new businesses succeed. But then again, practice makes perfect. The more ideas you have, the more questions you ask and answer, the more you surround yourself with people who share your values and complement your experience and skill set, the easier it will be to see positive results. It’s not an easy course and no one succeeds over night, but people like da Vinci, Ford, and Trump have proven the process works.

Let me know if I can help ground your next idea in reality!

All my best,

Aruna

PS: As things are slowing down for a lot of us, including myself, don’t forget to ask yourself if there’s something you can do to help others – personally or professionally. I’m using my blog to drive new business, as my friend, JD Walsh, is using his Facebook page to make the world a better place. I figure together we can get this thing jump-started!
 

    
  Genius is one percent inspiration and 99 percent perspiration.
  
 Thomas Edison

This entry was posted in Newsletters and tagged , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *