12 Things that Successfully Convert a Great Idea into a Reality (Infographic)

12 THINGS THAT Successfully Convert a GREAT IDEA INTO A REALITY Incubating Business Ideas DOMAIN KNOWLEDGE & BRIDGE THE RESOURCEFULNESS VACUUMS DIVERSIFIED THOUGHTS TIME ACTIONS GO FOR WELL A TRIAL CONSTANT CORRECTIONS Pick a pool of seasoned advisors to look to Be confident and believe in your thought & action Henry Ford's automobile idea failed thrice due to bankruptcy, conflict with partners and lack of sales in succession, but still he found ways You are prone to mistakes at times and advisors help you travel in the right direction. Anyone needs some- one with a better perspective to look to when things are going wrong. out. Enjoy taking calculated risks Build patience and maintain a cool head Patience is not synonymous with It is quite true that "Fortune favours the bold". So if you can't take risks, accepting defeat. It is the test of endurance. you can never reap good results. Extend your horizon and expand your business Win clients with innovative and promising solutions Thinking different and outstanding gains you a loyal client base. Don't confine yourself to a limit. Expand the scope of your business both in size and verticals. 6. Focus on the goal and act with a purpose Never lose heart and be passionate Trying situations are must to survive, Focus is the key to excel win over and shine. 9. Refine ideas to improve constantly Gain pace as you expand Once you think that you are doing quite stable and if the markets are heading in the right direction expand aggressively. To taste the real flavor of success, you must always make your ideas better to be in the business more than being in pursuit of new ones. 10 11 Have a sense of balance Create heritage in the with work and life process Remember that whatever you earn is to make a better living and thus a Don't just sell your products and ser- vices but the value that is transferred. great family. On the other hand you must sacrifice personal priorities at times to meet targets. Balance is the key to be found. Carving a niche is the line of separation for a commodity and a brand. 12 Be Inquisitive and ask Questions FIVE GOLDEN TIPS TO EXCEL AS AN Slip into action from the solutions Fix achievable targets with a timeframe ENTREPRENEUR 4 Maintain a pool of creative inner circle Buzz about the organizational vision, mission and values IDEA = 1% Inspiration-+ 99% Perspiration Top Ten Blunders that Shatter your Ideas 10 Taking too long for the ground research 9. Worrying about the risk and family Whining for lack of inspiration Constant Planning too much procrastination with no action for some reasons 4 Craving for the Yielding to fear of failure best technical fit 5 2 Doubting the ability to compete Thinking that it is not original 3 Lacking dedication The Best ways to find ideas that find a shape 50% 65% Creating a Roadmap initially Promising anyone about implementation 40% Deciding the deadline right from the scrap stages 95% Reporting the advancements to guys who receive results 25% Innovating out of intuition 10% Hearing to many Designed by: www.samplequestionnaire.com graphs.net Sources: http://timpeters.org/general/how-to-lead-creative-people-and-bring-ideas-to-life/ http://www.forbes.com/sites/alanhall/2012/07/10/how-to-create-a-world-class-business-idea-in-six-easy-steps/ http://www.youngentrepreneur.com/blog/the-3-most-common-mistakes-when-growing-an-idea-into-a-business/ http://the99percent.com/tips/6842/99-excuses-for-not-making-ideas-happen