|
Post by leetaranto on Oct 3, 2013 11:00:30 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
This article says that you do not have to worry about the perfect idea in a business because this idea will most likely change over time. This seems to be true because business are always ending up with a different idea then when started. Companies may come up with a different idea because of other companies or because of the economy changing. As long as the business can adapt to the change then the company should be able to come up with a different idea in order to be successful. This article could help one to not stop at the idea and keep on coming up with different ways as competition comes into your way of business.
|
|
|
Post by banessau on Oct 3, 2013 12:35:24 GMT -6
A Perfect Idea Is Not The Most Important Thing When Starting A Business
The fact that it mentions that the "idea" we have to create a business can take over and consume all of our time is SO true! An example of this would be if you went to a fortune teller and she said something so specific and the day that it would happen, among many other details, you would be so stressed and concentrating on that to make sure it happens. In that process you get side tracked and put up walls. You also become close minded and don't look at the whole picture. In the end, this relates to a business because it could make the company fall apart. I also love how it mentions that the end result may not be what you planned!
|
|
|
Post by blaircavalier on Oct 7, 2013 19:45:30 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
This is probably one of my favorite links of the day so far. I have never really thought about this concept of business. You always think that a successful business always started with a million dollar idea, but in reality that doesn't have to be true. It makes sense that an idea doesn't need to be perfect from the beginning, but that it must change and adapt over time. Things won't always play out exactly how we think they will. I also enjoy the outlook on the type of business partner to look for. A lot of the time, business becomes way too personal and ideas die out because of this. When you find someone who compliments your aspects, you are on the right track to something big.
|
|
|
Post by brittanyfury on Oct 10, 2013 10:50:59 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
When starting a business, you should not stress out over your business idea, that is the least important part. Your business idea should just be enough to get you started on your venture. The idea doesn't have to be one that will last forever. As you gain experience and insight, you can use your knowledge to modify or enhance your idea along the way. It is possible to end up with a completely different idea then when you started. The important thing is to choose an idea that you are passionate about and will not mind working with.
|
|
|
Post by dipanjali1 on Oct 13, 2013 13:41:40 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
This article gives us a strong message. Most people think that it's most important to have the perfect idea when starting a business;however, business idea is not the main factor that affects the business. Infact, business ideas can change over time depending on the business environment. Its rather important to have a team of mutually skilled employees that work together towards business objective.
|
|
|
Post by christiebrown on Oct 17, 2013 9:41:12 GMT -6
This article has a lot of good points. A lot of business people think that if they don't have the right idea right from the start, that there will be no hope to bounce back and get the ball rolling again. That is definitely false. People change the way they do business all the time. Also, I believe that it is very important that you choose the right people to partner with in your business, and that you don't rely on them to the point where you lose your focus and your passion about what is equally or partly yours.
|
|
|
Post by bneedham on Oct 20, 2013 13:16:44 GMT -6
Instant MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
I agree with Mr. Berenguer to some extent. I also think the idea has a larger impact on starting a business though. I don't believe that just deciding "I'm going to start a restaurant" and then looking for people to compliment your strengths and weaknesses is the proper way to begin working on opening your business. I believe the idea should be something unique and necessary to your market. If you decide to open a generic burger restaurant in the same area as three or four of the big chain burger restaurants and don't have an amazing idea of how to distinguish yourself then you will probably get destroyed by their marketing and pricing structures very quickly. If you thought it out and realized that the area had several burger places and no chicken places, then you would most likely be more successful offering consumers more options.
|
|
|
Post by danielleolivier on Oct 22, 2013 11:25:19 GMT -6
This article seems to be a summary of some previous Links of the Day, hitting the important points of business starting. Just an idea won't get you to where you want to be. The idea is the spark, the very beginning of the timeline. Ideas can transform and expand and become something that you never knew it could evolve into. With help from carefully selected people who are as passionate about this idea and vision as you are, it can become something great. The original idea may be just one small part that starts the process but, passion and collaborations bring ideas to their full potential.
|
|
|
Post by sbardwell on Oct 24, 2013 9:27:31 GMT -6
Instant MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
This business principle is very reminiscent of the Nike catch phrase, “Just Do It.” Many people get caught up in planning and perfecting the idea and never accomplish anything. Some of the most perfect plans fall apart at conception, so it is best just to start with a rough idea and go with it. A friend of mine has planned over 20 parties for many different occasions, the best and coolest ideas. The food and decoration layout was planned out to the detail, yet she has not had one party to date. It is the initiative to make something happen, not think about how something should happen.
|
|
|
Post by cory on Oct 31, 2013 11:42:03 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
I agree with the subject of the article. The idea of your business can change at any time. Most businesses evolve over time due to the changing preferences of the customer bases. But the most important factor when starting a business is having a dependable structure to build upon. The article mentioned finding a partner that compliments your skills, not necessarily someone you want to hang out with because you will be good friends. I agree with this as well. As long as you are in an industry that you know will keep you interested for the amount of time you plan on running this business, the ideas will present themselves when needed.
|
|
|
Post by w0384905 on Nov 4, 2013 20:21:58 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
This article talks about ideas and how having a perfect idea isn't the most important thing when starting a business. You have to have more then just an idea. You have to have the know how, resources and everything else that comes with a business. You also have to be passionate about your business and really love what you're doing.
|
|
|
Post by jessicareid on Nov 5, 2013 10:03:00 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
Mr. Inaki Berenguer is the co-founder and CEO of Pixable, a mobile photo browsing and sharing product. His advice today is that your idea is allowed to be imperfect, because you can modify it over time. He also states that you should partner, not necessarily with people you get along with, but people whose skills complement your own. "Most businesses start with a different idea than the one they end up with." As long as you are surrounded by a team that is flexible and highly skilled, and you have a good enough business plan that can adapt to a changing idea, your business will thrive. The most important concept is to pick out an industry and a product that you are passionate about, because starting a new business consumes your life for five to seven years. This advice is pretty great but I would feel very anxious about moving forward with my business idea that I hadn't yet perfected and committed to. That uncertainty freaks me out, and ultimately, is why I will never be an entrepreneur.
|
|
|
Post by darrell2009 on Nov 7, 2013 13:08:21 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
I really enjoy the article because most business owner who want to start a business don't realize how challenging it is to start a business they don't understand the in's and out's of a business market. People hear small detail on how to start and carry out your dreams but most time you when get into the situation you wanted but it's a more then what you have plan for or more cost you expected. Which intel you to plan or rethink your plans all together. But Having a plan or business that you really enjoy is very important.
|
|
|
Post by arielberthelot on Nov 9, 2013 16:02:44 GMT -6
INSTANT MBA: The Perfect Idea is Not The Most Important Thing When Starting a Business
I agree with this article 100%. There really is no such thing as a perfect ANYTHING, so why waste time on having a perfect idea to start a business. There are more important things to worry about in starting a business. Such as having the right people hired on to your team that will help you produce ANY idea into a success. While owning my own company I realized that when you start out you think you have the perfect idea, but everything slowly starts changing. You find out that some ways are easier and more efficient than the ways you originally started with.
|
|
|
Post by ashleylevernharrison on Nov 9, 2013 19:24:51 GMT -6
INSTANT MBA: A Perfect Idea Is Not The Most Important Thing When Starting A Business
I don't think that anyone that is first starting a business will have the perfect idea, but I do think that it has to be closer to perfect than not perfect in order to make the business work. Ideas do have to be cultivated and restructured over time in order to work, but if you don't have a specific idea in mind when you first start your business then it will probably fail. The people that will be working for you have to also understand the idea and how you want it implemented. If the employee doesn't know how to do this, then this can also be why the business is failing.
|
|