Can my ideas work? Can my business model work?
Can my ideas/business model work? From time to time I may feel doubtful on the ideas that I am working with. I believe every startups may have the same question as I do. Not to mention, for those who has an idea and are still afraid to make the move to face the challenges, maybe the following tips that I used to self hypnotize myself may ease you in making your decision.
If Thomas Edison did not invent the light bulb or if Graham Bell fails to create a telephone. Do you think you still could still see in the dark without wood and fire, or do you think you could communicate with your loves one over a far distance. How many times do you think they have failed?
If you said you wish to fly in the sky today, no one will annoys you, because the teasing has been ended since the The Wright Brothers invented the first airplane.
Thomas Edison started today’s world famous General Electric and Graham Bell owns a Bell Telephone Company that has evolved into today’s AT&T (American Telephone & Telegraph Company). Hence, there must be something in common that these inventors/entrepreneur possess to make them what they are today. There are 3 things that I always keep in mind, which I am still learning to master it.
- Thick Face – Prepare to be called an Idiot. Are you ready to face the laughter, annoys, teasing, and harassment from your loves one and friends.
- Passionate and Determination – Are you able to accept failures! Fail and Restart all over again? Do whatever it takes to make things happen?
- Believes - Do you believe in what you are doing? do you believe in your idea? Do you believe everyday is a great day?
When someone pointing at you saying that your ideas won’t work. Are they really saying that the ideas will not work? or are they saying that they themselves are not able to do it? or is there a flaws in your ideas like for example, the targeted market, competitive advantages, the niche in your product that you have miss out? So, you should be glad that some one is telling you that your ideas don’t work, because opportunities still lies ahead of you.
The above mentioned items is generally known by everyone, however, how many did manage to master it? Saying is easy, Mastering is hard. Starting is always the hardest part, to really kick start an idea, first must master the above mentioned items. Next you should look at your approach, strategy, marketing, product niche and etc that will determine and strengthen the success to your ideas.
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Life is interesting, its all about experimenting, trial and errors and self improvments. This blog is all about my personal experience. I am full with ideas, and i will achieve every one of them step by step.
Hi, would you mind helping me with my Pre-Seed’s application? My email is alwiser at gmail
Thanks a lot in advance, I tried to find your email address but failed.
Hi Chee Hong,
I am another entrepreneur like you that have an idea/dream that I do not know whether it will work or not. I plan to apply for the MDEC Pre-Seed Fund and probably if you would like to share with me your valuable experiences when me and my friend meet up with you? Please drop me an email when will you be available.
Thanks heap.
For software idea, I will develop a prototype or a scaled-down version and use it to test the market.