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Post by hayleymcglothren on Jun 12, 2013 15:14:10 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
This article is so true. Millions of people daily have ideas, but they don't always put those ideas into motion to create something original. Sometimes you have to present your opportunity more than once. The difference lies in the willingness to not give up on your idea and turn it into an opportunity for yourself. People all over come up with ideas, but we do not always set those into motion to try and create an opportunity for ourselves. In my opinion, ideas and opportunities go hand in hand to be a successful business person.
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Post by Deleted on Jun 12, 2013 15:55:45 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
Entrepreneurs are always outgoing and wanting to learn and know more. This is especially true in today's world. Taking a risk is a big deal, and only entrepreneurs are known to take such a jump. Being able to change is one of the key factors to entrepreneurs. New ideas are ways to change things for the better and grapsing those ideas can help business owners in the long run.
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Post by anthonytaormina on Jun 13, 2013 8:42:31 GMT -6
Alt link 12: INSTANT MBA: If You Want Your Business To Grow, You Have To Travel
Today's link makes some sense, you can not grow your business just by getting supplies that you are told about, or see pictures of. You have to actually get a hold of the product in person so you can get a real feel for it. Then you can truly make an informed decision as to which components are satisfactory and what components are inferior.
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Post by blaine on Jun 13, 2013 19:15:42 GMT -6
This article talks about taking opportunities that come your way. These opportunities should be valued and looked at as a way for your company to grow. Sometimes they maybe small but they can have a huge impact on your company. I also think that you should never pass up an opportunity for your company because you never know what other doors it will open.
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Post by leannthompson on Jun 14, 2013 7:44:45 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
I never really thought about the difference between an idea and opportunity. Thousands of ideas are generated daily, but probably less than 10% are actually formulated into an actual opportunity and of those opportunity a small portion of them are successful. Entrepreneurs take on lots of risks when exploring an opportunity and when it turns into a great one they receive high rewards.
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Post by gabrielle on Jun 15, 2013 15:56:33 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
Tim Westergren has a valid point in this article, there is a difference in ideas and opportunity. Anyone can have ideas, but an entrepreneur is a person who takes those ideas and turns them into business or investment opportunities. An entrepreneur will have and idea and accept the risk it takes to put that idea into action, even if the opportunity does not offer guaranteed success.
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Post by blaine on Jun 15, 2013 20:59:58 GMT -6
I think that this article made several good points. In business you should take every opportunity that you can to help benefit your business. These opportunities, even the small ones can have a huge impact on your business. It is great to have ideas, but you have to be able to execute those ideas and put them into use. In order for your business to be successful you must be open to ideas and opportunities and know how to apply them.
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Post by dmholstein on Jun 17, 2013 18:10:03 GMT -6
I feel like you are responsible for putting yourself in the situations you need to be in to see the opportunities you can create for yourself. You are the only one who cares about your success. Every now and then you may happen to handed the opportunity of a life time but this hardly ever happens. You are the only one who can make you succeed. Take the idea to think and come up with ideas that will present you with the opportunities you want to get out of this one life.
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Post by jeff on Jun 17, 2013 21:23:44 GMT -6
Instant MBA: Pandora Founder Says You Should Know the Difference Between an Idea and an Opportunity.
This is what separates successful start ups from everyone else. Anyone can have an idea, and any idea can be good or bad. What makes the difference is the ability of the person having the idea to make an opportunity out of the idea. Not all successful business seemed like good ideas originally, and some very good ideas did not turn into anything. Idea and Opportunity are two sides of the same coin, and the person who has the ideas makes all the difference.
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Post by campbell22 on Jun 18, 2013 13:24:27 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity I agree that an idea is a thought and an opportunity involves the execution of something. An idea does not always bring opportunity and opportunity does not always come from an idea but the two of them can relate to one another. An opportunity can be created if someone has an idea and actually try to make it reality, which is what I feel is better than just simply waiting for an opportunity to come. If you create your own opportunity you will for as if you accomplished something for yourself and will have more pride in what you do instead of waiting for an opportunity because if this happen you would have the mindset that you was lucky that an opportunity came by.
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Post by gretchenb on Jun 24, 2013 13:29:13 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
I like how this article expresses the difference of the two subjects, an idea and an opportunity. It states "you merely think of ideas, but you take opportunities." This means that just because you were the one to think of something doesn't mean that it will actually happen. You must follow through with the idea to put into play, and now you have taken the opportunity to make it happen. It is very important to remember the difference between the two because you can't necessarily be successful with an idea, but you can with an opportunity.
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Post by msimoneaux on Jun 24, 2013 17:43:33 GMT -6
Nice and very true article. I always looked at ideas as opportunities as you never know the outcome if you don't venture at the opportunity. However, it's scary to venture at most ideas as it's a risk. But then again, it's the venture that can bring you success as an entrepreneur. I would love to be an entrepreneur but I'm scared of failing.
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Post by Michael Miller on Jun 27, 2013 7:16:49 GMT -6
This article is true to an extent... If everyone went around jumping and throwing money at "ideas" in hope of an opportunity, we would have a lot of homeless individuals. This day in age it is quite difficult to come up with "next best thing". Almost everything has been done before it seems like. The most viable option to me is taking someone else's vantage point of an idea and polishing it to make it more efficient. Be careful reading this article, it seems shiny and nice but there is much more to successful entrepreneurship.
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Post by shebilemoine on Jun 27, 2013 17:41:12 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
An idea is something that you think may be a good opportunity. An opportunity is something you risk doing in order to gain something. For example, if you already have a job and your offered another job then you are taking the opportunity to move to a different job. An idea, for example, is when your thinking about getting a new job but don't actually do anything to get one.
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Post by minerva on Jun 30, 2013 21:32:53 GMT -6
INSTANT MBA: Pandora Founder Says You Should Know The Difference Between An Idea And An Opportunity
I do believe that entrepreneurs are people who are willing to jump in and see if there's an opportunity. Entrepreneurs do go after ideas they strongly believe in and they do try to create their own opportunities. They do take ideas and work hard to execute and take action. Taking action in life is vital for success. I also believe that entrepreneurs are people who are willing to take a chance on their opportunities.
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