How to capitalise on business ideas?
I have various business ideas but not able to capitalise on any of them. One of the reason is I think in many different directions and areas. What approach should I adopt to harvest my ideas.
Public Comments
- You need a business mentor. A mentor can help steer you in a positive direction and start the business for a reasonable price. Their experience will also be able to tell you what ideas are good money makers or not. Check out vegagroupinternational.com. Dan Vega is a top notch business mentor based out of Springfield, MO. He gives great business advice. Requesting information is free. If you request information from him just let him know that Mike Dunn sent you. Dan does have national reach but there may be other mentors in your area that can help you too.
- Prospecting for ideas is the fun part of getting something going. The tougher part is to focus and add details to the ideas. Bringing diverse thoughts into a business concept is a good thing, and could be the factor that sets you apart. I would list your ideas, then do searches to find out who is doing something similar. Then figure out where your ideas are unique. Refine the ideas until you have something that makes sense when you share them with others. When you promote your ideas, you need to be able to show why you are an important connection to the idea ...perhaps you have a patent, copyright or skill set that adds value to the idea. Idea people are important, but not really valued just for the sake of the idea. If you connect with somebody that has integrity, they will give you credit for a good idea and you may get a piece of it when it is commercialized.
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