Ideas are like babies. When you get them, you feel the simple excitement that a baby feels in a happy moment. The possibilities seem infinite in those moments. If you take your ideas seriously, you’ll nurture and protect them until they’re standing on their own, off and running.
Who wouldn’t want to see that sprint end with seven or more figures at the finish line? If everybody could generate million dollar business ideas, who wouldn’t?
If only everybody knew they could if they just learned how to do it. Generating ideas is a skill. It’s a rare skill. It’s a lucrative skill. Whether you’re looking for a new business to get into or you want to find new opportunities within your current business field, your biggest problem isn’t finding ideas. It’s choosing between all the amazing opportunities you’ve got in front of you. Good or good?
To narrow down all the options, choose a field that you love. It’s got to be the right business for you! If you don’t like the business or product, are you going to be very passionate and enthusiastic about it? That’s why passion is so important. Passion is your energy! And what are people buying? They’re buying the energy and if you’re not excited and passionate in what you’ve got there’s no way you can market or sell it.
Also, think about people’s two primary motivators … pleasure and pain. Which is stronger? Avoiding pain! If there’s a problem people want it solved. So there we have the definition of an entrepreneur: a person who solves problems at a profit!
Another way to create million dollar ideas is to improve something. Nothing is perfect. That means every single thing can be improved! Everything of the millions or billions or trillions of products and services out there can be made or done better. All you have to do is find the way! So you have at least a million business opportunities right there.
By the way, why is improving a product or a concept even better than creating it from scratch? It’s already a proven entity, a proven market. You don’t have to spend a fortune educating anyone. They’re already buying it. There’s a good chance that if you make it better they’ll buy it from you.
Let somebody else educate the heck out of them and then you come in when they are already educated. You’ll have the money left over to expand while the first guys spent all their money educating. It’s better to be second than first!
There’s a saying: you can always tell the pioneers because they’re the ones with the arrows in their backs. I didn’t make up that one up. I’m just saying.
Ideas are not as hard to come by as people make them out to be. With a little focus, knowledge, awareness and insight, anyone can literally create a million dollar baby!
Now it’s your turn! Do you have any experience with an idea coming to fruition? Or regrets about an idea you had that someone else soon after made happen? It’s your turn to share your insights and experiences. Your sharing could generate even more ideas!
Next week we’ll look at three more ways to generate million dollar ideas.
Ideas are like babies. When you get them, you feel the simple excitement that a baby feels in a happy moment. The possibilities seem infinite in those moments. If you take your ideas seriously, you’ll nurture and protect them until they’re standing on their own, off and running.
Who wouldn’t want to see that sprint end with seven or more figures at the finish line? If everybody could generate million dollar business ideas, who wouldn’t?
If only everybody knew they could if they just learned how to do it. Generating ideas is a skill. It’s a rare skill. It’s a lucrative skill. Whether you’re looking for a new business to get into or you want to find new opportunities within your current business field, your biggest problem isn’t finding ideas. It’s choosing between all the amazing opportunities you’ve got in front of you. Good or good?
To narrow down all the options, choose a field that you love. It’s got to be the right business for you! If you don’t like the business or product, are you going to be very passionate and enthusiastic about it? That’s why passion is so important. Passion is your energy! And what are people buying? They’re buying the energy and if you’re not excited and passionate in what you’ve got there’s no way you can market or sell it.
Also, think about people’s two primary motivators … pleasure and pain. Which is stronger? Avoiding pain! If there’s a problem people want it solved. So there we have the definition of an entrepreneur: a person who solves problems at a profit!
Another way to create million dollar ideas is to improve something. Nothing is perfect. That means every single thing can be improved! Everything of the millions or billions or trillions of products and services out there can be made or done better. All you have to do is find the way! So you have at least a million business opportunities right there.
By the way, why is improving a product or a concept even better than creating it from scratch? It’s already a proven entity, a proven market. You don’t have to spend a fortune educating anyone. They’re already buying it. There’s a good chance that if you make it better they’ll buy it from you.
Let somebody else educate the heck out of them and then you come in when they are already educated. You’ll have the money left over to expand while the first guys spent all their money educating. It’s better to be second than first!
There’s a saying: you can always tell the pioneers because they’re the ones with the arrows in their backs. I didn’t make up that one up. I’m just saying.
Ideas are not as hard to come by as people make them out to be. With a little focus, knowledge, awareness and insight, anyone can literally create a million dollar baby!
Now it’s your turn! Do you have any experience with an idea coming to fruition? Or regrets about an idea you had that someone else soon after made happen? It’s your turn to share your insights and experiences. Your sharing could generate even more ideas!
Next week we’ll look at three more ways to generate million dollar ideas.
I believe ideas are there to be use for good purpose and the own to benefit .this is just what i needed to go a head thank
truth! I will share with friends and put it in action my self thank you!
I used to work at an Internet start-up and people joked about the Pioneer with the arrow in his back all the time, sort of gallows humor. Well that company fulfilled that prophesy and went belly up.
Now, I'm a pioneer in the energy healing field and it's actually going very well. But I do spend a lot of time educating people about the power and effectiveness of Resonance Repatterning Proxy Groups. I just started an Affiliate Program as a way to enlist help with educating the public. I figure that my Affiliates will have their own unique way of describing the benefits they get from my proxy groups and they will connect to a whole different set of people than I could reach with my description. Using lots of different perspectives to talk about the same thing has a wider impact.
Hey, I really enjoy Million dollar baby, It's truth in what you just say. if you do not have passion behind what you are doing you will not be able to sell it to know one.
Great thoughts! I also like to coach people on finish what the start. Often the good ideas will pop-up and the current project is a banded, only to have this happen over and over. So when the good idea comes up, write it down, finish what’s been started and then go back a review the idea. If it’s really a great idea, it will still be there.
Back in the early 1990's it was clear that there was a *GAP* between printing companies and their buyers.
At the time, electronic files were replacing film as the preferred way to supply your document for printing.
The problem
Clients supplied files to the printer and the printer would deliver a job that was not looking like what the client expected. i.e. Graphics would get blown up. Fonts would get changed or text would go missing altogether. I saw entire pages missing from books!
The printing company's standard answer was, “you supplied the file, we just printed what you supplied the way you supplied it.”
The printing companies lacked customer service, probably because they lacked knowledge.
The Solution
I saw the *gap* and started a business around the gap. I fixed peoples electronic files (outsourced) and made sure they knew what the finished job was going to look like before we proceeded to press. By providing awesome customer service my name got around quickly as the *go to guy* if you want your stuff printed right the first time!
Before the printing company’s finally caught up with customer service, I made a lot of money in those first 5 years.
Living Life By Design
Entrepreneur Edition
http://www.joegriffith.me
Who I am is the innocent, the You that you forgot, the moment you were born. What I am is your Self, the Spirit of your Spirituality the You that your parents, society, teachers and peer groups have taken so much trouble to make you forget….
When we learn to see the world through the eyes of our innocent child (baby) self, no dream or idea is impossible, excerpt from http://www.anunda.com xx
Harv, I have ideas but do not posses the technical skills to realize them. I know there probably would be a huge market/demand for it. I just do not know how to proceed. Any ideas.
Babies (and ideas) may be fun to make and most time pretty easy to do but it takes someone with real maturity to nurture the baby (and the idea) into a living breathing self dependent entity.
Josh Bulloc
Kansas City, MO
This is a good post. After the bulb that lights in our heads and a brilliant idea is made, what's next? The first step may be more difficult.
https://www.facebook.com/?sk=messages#!/?ref=home we need to have the simple mind of a child, this is brilliant xxx
Please can you delete this link, it was a mistake, I meant to post a dancing baby that had been posted on my facebook, thanks,
I'm looking at a great *GAP* like Joe explained. I have the skills, knowhow, money and time to jump right in to it.
There is 1 thing missing: the guts to go for it
'Don't be afraid of failure' they say. 'Failure doesn't excist.'
I dare to take on things that cost 1 week effort so to speak.
If it blows up, it blows up.
But a project that's gonna take more than 1 year to find out it'l be successfull or not? That gives me the shivers.
Talk is cheap. I know.
We will do very well listening to Harv and doing our best what he says.