Business Fundamentals |
7/20/2020 4 Comments I Need a Business Idea !“I would start a business if only I could come up with an Idea” Here’s an idea for a business. If I could collect a pound for every time someone has said that to me – I would be, well, better off than I am now! In all honesty, I hate hearing that phrase. What makes people think they have to come up with a new idea? Have a look at the Sunday Times Rich List. There are 1,000 people in there. But how many of them have come up with a new idea? Very few is the answer and yet most people that I come across still say that the only thing holding them back is that they cannot think of a new idea. I have a challenge for every person out there who wants to start their own business (and is serious!) and says that all that is holding them back is an idea. If you follow the guidelines I will give over the next few weeks on how to read a newspaper and the Economist (it is my bible!) I will promise you that you will have lots of ideas that mean that this time next year you will have no excuse not to have started your own business! Some promise – but as I see it you have nothing to lose. The only person to lose would be me as I would have lost credibility with you the reader. I will start issuing my guidelines from tomorrow – so please do drop in again. In the meantime, I would like to mention another bugbear of mine; exhibitions and shows aimed at ‘inspiring success and business”
They are a racket – please stay away from them! I have probably met close to 500 Entrepreneurs in the last ten years or so. None of them were inspired to start a business by attending a workshop. These events are great as pick-me-ups – but if you are serious about starting something you will not need to be inspired to start a business! Don’t get me wrong – I like these events and I think they can be a tremendous boost for you when you are feeling a bit zapped of energy, a year or so after you have started your business. But if you are low on energy to start a business – trust me – running a business is not for you!
4 Comments
7/3/2023 03:52:33 am
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7/3/2023 03:52:57 am
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Israeli Lawyer Moshe Strugano
9/2/2023 03:24:23 am
Don't get me wrong; I enjoy these gatherings and believe they can provide you a great boost when you are feeling a little depleted of energy about a year after starting your firm. However, if you lack the motivation to launch a business, I can assure you that running a business is not for you.
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2/21/2024 05:20:14 am
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