Good Ideas are a Dime a Dozen: It’s How You Execute

Ever notice how some people can turn an idea into a seemingly overnight success while others work their tail off and never even attain a fraction of that success?

You might argue that the person with the success story had a better idea. Don’t be so sure. Good ideas are a dime a dozen and can only take you so far. It’s what you do with the idea that makes all the difference. In essence, a good idea without proper execution has little value. It remains just that; a good idea.

There are a number of steps you can you take to ensure your idea has a shot:

Make a plan

The first thing you need to execute an idea is a plan. You’ll want to start with identifying your desired result. Once you know where you’re starting and where you want to end up, you can identify the steps that will take you from conception to execution.

Ask a successful entrepreneur how they brought their idea to fruition and most will tell you that they mapped out a plan.

Identify each milestone needed to achieve your goal. From there, break down each milestone into increments. Make a list of the tasks that need to be accomplished to ensure each milestone is met. Breaking steps down into small actionable tasks makes the overall process less daunting.

Get started

Looking at the big picture often leads to a feeling of being overwhelmed and often results in idleness. If you don’t get started, you’ll never achieve success. It’s that simple.

This is the single most important, step you’ll take. One of the biggest obstacles people face is the inability to get started. They get caught up in wanting everything to be perfect. They won’t allow themselves to start until all their ducks are in a row. In reality, that day will never come.

Just keep taking steps forward each and every single day. It may feel like things are moving at a snail’s pace, but in the grand scheme of things you’ll be surprised how much progress you’ll make if you just keep at it.

Share your idea

Entrepreneurs often make the mistake of trying to keep their ideas under lock and key. They anticipate all the success they’ll achieve once their brilliant idea hits the market. When nothing happens, they’re dumbfounded.

A closely guarded idea doesn’t stand a chance. Ideas need to be tested. Sharing your idea with others gives it room to grow and thrive. Use feedback to make necessary tweaks. Market research is a key part of the process. You need to know if your idea will sink or swim. Critiques provide valuable insight into the direction you should be taking your idea.

So go ahead, put the feelers out. Take notes and adapt.

Gain Support

Most successful entrepreneurs make connections with other leaders to gain support for their idea. Having others who back your idea can go a long way in supporting your success.

Don’t be afraid to network and pitch your ideas. The more you do it, the easier it’ll get. The more influencers who buy into what you’re selling, the more hype you can create around your idea.

Having this support can propel your idea to new heights, provided you capitalize on it.

Nurture your idea

Like anything else, ideas evolve over time. A successful idea is one that has been nurtured and cared for, which allows it to survive the test of time.

Don’t be hasty to get your idea to market. Don’t let greed get in the way and force you to skip crucial steps. Remain diligent and keep following the plan.

Roadblocks are bound to pop up along the way. Never give up no matter how long it takes to execute. Consistency is key. Keep pushing forward and you will be rewarded.

Remain flexible

Even a good idea with a solid execution plan can fail. The key to success is being flexible. Don’t put all your eggs in one basket. No matter how sure you are that your idea will be successful, it is always good to have a backup strategy.

This doesn’t mean that you should expect to fail; it just means that you have contingencies in place in case things don’t go as planned. Be flexible with your plan. Don’t be afraid to tweak it as you go along if you notice that something isn’t working.

Never shy away from difficult questions, because if you don’t ask them, consumers will. Invite opposition. Allow yourself and others to be critical of the idea and test its integrity. Doing so will tell you if it has the legs to go the distance.

In today’s creativity fuelled, hyper-connected world, ideas are everywhere. From the brilliant to the mundane, thousands of ideas are being turned into profitable businesses every single day. People are refining their ideas, spreading their message, building with passion, and launching into the unknown, determined to find success.

Those who execute their ideas effectively will rise above the rest.