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What is a great idea? How do you take an idea and turn it into reality?

in Blog

So you have the idea for your new business, but are afraid what others might think of it, or worse still might steal it.


Ideas


What can you do?

  1. Find the passion that started your journey.
  2. Review, and if necessary, rewrite your business plan.
  3. Do your SWOT Analysis (strengths, weaknesses, opportunities and threats) on your business as it currently stands.
  4. On completing your analysis act on it. Match your strengths to your opportunities, look at your weaknesses and see how to develop them. Plan for your identifiable threats and how to combat them.
  5. Get a business development guide to help. Seeking professional advice can save you substantially more than it costs. Going in be clear on what, specifically, you need support in. 
  6. Look at those who have FAILED in your industry, for these are the people who will tell you what went wrong, as opposed to those who succeeded.
  7. I was reminded a long time ago that the man who never failed never tried. Failure only occurs when you give up. If plan A doesn't work there are plenty more letters in the alphabet.


    Dawn



    This email address is being protected from spambots. You need JavaScript enabled to view it. and let our years of experience assist your years of upcoming success.