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| So how does an entrepreneur who is bursting with good ideas surpass this obstacle? I've been thinking about this a lot lately ... business has been good to m
by thaumaturgy 18y ago
| So how does an entrepreneur who is bursting with good ideas surpass this obstacle?
I've been thinking about this a lot lately ... business has been good to me, and I'm on my first "cusp" -- the point where I've got too much business to handle, but not enough resources to expand -- and so I've found that I'm starting to get ahead of myself in thinking about what's going to happen next.
The thing about good ideas is, they're almost worthless by themselves. They're only one part of a much larger formula involving things like hard work, dedication, focus, and good teams.
The funny thing about more money is, it doesn't really make any of the other parts of the formula any easier. A little, maybe -- I'd love to have just a few thousand dollars extra to cover my first employee's paychecks and do a little marketing -- but it's not going to make sure that I keep working hard, or that I stay focused on the task-at-hand, or that I remain dedicated to my purpose.
So, to get back to your question, an entrepreneur needs to write down their good ideas, when they have them, and then remind themselves to get back to work, and realize that funding is just one minor obstacle, and solving that one won't make their business much more viable.