Tuesday, May 12, 2009

What Do YOU Need To Succeed?

There are thousands (upon thousands) of business ideas out there. And it only takes ONE to be successful. But which one is it going to be? That’s the million-dollar question, right?

Take a look at this list of 999 business ideas drafted up by Seth Godin’s Alternative MBA team.

If you are anything like me, as you go down the list you are blown away by all the great ideas and think your head is going to burst because you don’t know which one to pursue first.

But the point this team is trying to make is if you don’t act on an idea nothing will come of it. The truth is most people won’t act on a good business idea. Even entrepreneurs will never follow up on every eureka moment they experience in their lives.

So what does it take to make an idea work? That’s the REAL million-dollar question.

And the answer will be slightly different for each individual. Given your personality, availability, financial situation, strengths, and weaknesses, what has to happen for you to succeed?

Tomorrow, I will share a few things I have recently learned that I need to succeed, in hopes that it will help you determine your own needs.

[Until then, don’t get too caught up in your 15 new ideas you pulled from SAMBA!]

1 comment:

Matt said...

hey tim

i see this all the time in chemistry. so many chemists and professors have great ideas on paper but never take it to the lab. like the story of formula 409. it was the 409th formula that was tried and it worked. that to me is perserverence and passion where the payoff was multibillions.

good to see you back to blogging

matt gordon