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Controlling Multiple Concepts/ Business Ideas

Tags: idea business

It's a basic concept... Take one Idea or concept and capitalize on it. It's not always that simple though. When starting a business your mind goes into hyper drive. The juices are flowing and the ideas come flooding in. Controlling these ideas is key to success. I have learned that it is imperative that I control and manage all of the creative ideas that strobe into my mind. Admittedly many of these ideas are great ideas that could be the next best thing. However, if we don't focus on one element and become an expert at that one thing we will never move forward as a leader of that one area. Perfect first, add and expand later!

This is a lesson that I am learning with my business right now. Literally, I just had a conversation today to regain focus on what were are perfecting. We have 7 functions in our business. Unfortunately, at this moment we are not the best at any one of the functions of our business. That's a hard one to swallow for me. What's important is that we identified a broken model. Identifying the problem will allow for our company to grow strong and stamp our footprint in the industry.

Now that we have identified and recognized our shortcomings we can fix it and sustain a viable business model that is solidified by expertise. The mission for the next month and a half is to become a perfectionist in our industry. Begin by breaking down every fiber of the business function, understand each weave and how it intertwines.

The lesson I am learning here is that no matter how many ideas I can't truly breath life into it unless I focus on one thing at a time and take it from its primitive stage and foster it until I know 360 degrees of that idea/concept.


This post first appeared on Young Entrepreneur- Success And Failures, please read the originial post: here

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Controlling Multiple Concepts/ Business Ideas

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