We live in a world where ideas rule the market, creates turnover worth billions of dollars over time. It would amaze you to know that there are so many business ideas that never make it out of people’s heads; some that make it out would never be implemented. Interestingly, some of these ideas would have changed the world completely.
Highlighted below are reasons why these mind-blowing life changing ideas never see the break of light.
FEAR
A wise man once said "what if kids were too scared to fall. Then no one would have walked". At the conception of an idea, this monster called fear always creeps in, triggering auto questions like " what if nobody likes and accept my idea?", "what if people laugh at my idea?" and most people ignorantly dwell on these fears and gradually the idea fades away.
At the beginning, nobody was interested in the IDEA of then young Steve Jobs. Decades later, his company, Apple Inc is practically the biggest technology company in the world. You never can tell what your idea can do until you implement and follow it to the end. Do not let fears of the unknown hinder the known or else you will live a life of continuous regret and shame.
ACTION POINT- Love your Ideas more than your fears (failure)
.
IGNORANCE
This is the greatest enemy of mankind. A popular saying goes "If you are not informed you are deformed". People dive into businesses without having the necessary knowledge and information on how to start, run and succeed in it, leading to failure of the business. They blame the government, economy and every other thing but themselves.
It’s necessary that before you start any business, be it small or large scale, not minding how good the market looks, you sit and do an in depth background study of the market, top gainers, top losers and those that have failed to find out why they failed, so as to better overcome those challenges.
ACTION POINT: "Nothing empowers you for success like knowledge". Study the business before starting the business.
LAZINESS
An idea will remain just an idea until you start working it out to reality. Most people are not willing to put any effort to bring their dreams and ideas to reality, rather, they just sit and hope that someone would come by or something great will happen to them with their hands folded. Well, something great may happen or they will continue to wait forever.
ACTION POINT Get up and drive your ideas.
LACK OF FUNDS
One major challenge facing young entrepreneurs today is lack of funds.
These big thinkers have great ideas but limited resources to execute them. Overtime, different strategies to raise funds have been developed but the most effective is to "work for your dream". That market you hope to be a part of, get a job at a company that is already part of your desired market. That way, you can learn and get paid at the same time.
ACTION POINT Get a job in a company directly related to your intending start up plan.
DISCOURAGEMENT
It is advisable never to share your ideas with pessimists because they will kick you out of it. Also, the environment and present situation you are in may not be favorable. These factors can only discourage you if you take note of it and make it a major factor. Make up your mind and chase your dreams and ideas with all that you've got. People will laugh at the beginning but never mind, the end will justify the means.
ACTION POINT: Don’t let situations, conditions and people talk you out of greatness put your back into it.
FINALLY
Do not let that idea of yours remain just an idea. It’s high time you convert it to success and greatness, get to your feet and become better than you are now or you will spend the rest of your life regretting why you held back on turning your idea into a physical success
Post a Comment
I loved this! From the first point I felt motivated to become an author (one of my dreams and fears). Thanks!
Wow that great, glad you love it.
What great ideas and so positive! I think every young person needs to read this and follow your pointers. So positive and motivated!
That's a good article! Pointing at all my bad parts and motivating at the same time!
Thanks Martha.
Thanks many,Motivating drives you as an entrepreneur you need it always.
Great Post Jimmy. Its such a nice post to encourage all people to start their business. its very motivational for us. Positive and real article.
Thanks Abhi
Great article thanks for sharing. I think Fear is the biggest barrier that people face and a lot of the other barriers that you mentioned can be attributed to this. I read a great book years ago, it was called "feel the fear and do it anyway". It is very famous and I am sure you have heard of it. Anyway it really helped me at the time and started me on a journey to freedom. Thanks again Godwin, awesome work!
Thanks Neil
Wow great post Godwin!! My fav one is "love your Ideas more than your fears (failure)". This has really been an inspiration. I have experienced doing business in the past so I can truly relate to this points listed here. I've also heard about getting a Job in the area of business you are looking into. That one is actually easier said than done lol but I understand what it can do to the individual in the process! Ok currently exploring ideas that I can do in my current situation. So thanks for sharing!
Your are welcome, as for the getting a job in your niche it may be quite difficult but we can shift a little to something related to the business in mind.