That one special idea.
Finding the right idea for your business plan is just like falling in love with that special someone – you know because you get so excited about it that it’s just impossible to ignore.
I’ve spent my weekend pretty productively, attending a Cashflow 101 workshop organized by the NTU-NUS Alumni Entrepreneurship club as well as fallen in love with two very special business ideas.
Now it’s just time to put my plans into action for I can ignore them no more.
#1 by Tian Chad on September 6, 2009 - 1:23 pm
Hey Kevin are you still writing on blogspot?
#2 by Kevin on September 6, 2009 - 1:28 pm
Yup I still am.
This is a totally different blog with a totally different focus from Hamlet’s Hero. This blog is all about my personal journey through self improvement and will be pretty focused on articles concerning money, entrepreneurship, health and relationships.
The crazy, funny stuff will still stay on Hamlet’s Hero. But I will do all I can to provide top rate articles on this site at least twice a week here, so bookmark this page!
#3 by Kevin on September 6, 2009 - 2:38 pm
Just to add and share with the rest of you guys out there, this is what Jye Yee had to share on Facebook.
Tan Jye Yee:
Sounds about right, but I wouldn’t work on the ideas like crazy before I talk to everyone else who matters (i.e. other successful entrepreneurs and investors). Steer clear of bitter business professors though (serious, they’re often more discouraging than you think).
***
Kevin:
Yup, totally agree with you on the talking to the people that matter bit. A good business partner (or even better, a group of good business partners) makes a world of difference!
Don’t have any experience discussing such matters with the bitter business professors though! Will let you know if I encounter such experiences in the near future!
#4 by roger on September 7, 2009 - 12:12 pm
Agreed with the discussing with other people part. More importantly, make sure said ‘other people’ think differently than you.
Balance turns out to be what works.
Two out-of-the-box thinkers produce largely impractical ideas that look great on paper but produce failblog.org worthy results when put into practice.
A team of traditionalists on the other hand lack the innovative edge to suceed. They’ll simply produce what has been done to death and obtain only mediocre results.
So, if you’re traditional go talk to the flamboyant, far out, yet fucking intelligent business mentor.
If you’re out-of-the-box, go talk to the down-to-the-earth-let’s-do-things-the-tried-and-tested-way muggertron
#5 by Kevin on September 8, 2009 - 12:26 am
Looks like I need to find myself a nice Muggertron!
But as different the other people are, I really cannot stress more on the importance of having similar goals and values!