Have you ever woken up in the middle of the night sick with worry that you have gone too far? You may have decided to take the next step to launch your side-income small business and feel that it’s just too much for you to handle. You could have pursued a line of action where you are coming up against huge resistance in your personal or business life and you are experiencing doubts that you may have overreached. If none of this applies to you, you may want to still read on because the opposite is overconfidence where you may jump into something believing you can do it only to find out some time down the line that you bit off more than you could chew.
A young man who has moved to Johannesburg to start up a computer business has been prospecting in light industrial areas for a month now with only one sale. He was running a computer business of his own in KwaZulu-Natal in a small town but now is starting up from scratch.
He’s done cold calling, knocking on doors of every business he could find in the first industrial area that he tackled. From these efforts of prospecting over several days he made one sale. He has now moved on to another light industrial area and will be prospecting there for the next few days and perhaps weeks. The young computer entrepreneur has chosen these light industrial areas because they are not too far away from where he has set up residence. Thinking ahead, he doesn’t want to be too far away from his potential customers because of the sky-high fuel costs. Continue reading “When things seem hopeless, keep prospecting”
I recently went through some notes I had clipped together in an A4 folder, looking back at the origins of Idea Accelerator. These notes went back many years. They were filled with plans, goals and new business ideas.
You’re not supposed to have regrets but I couldn’t help noticing the things I didn’t action soon enough. The ideas that took sometimes years to get off the ground.
What had gone wrong? Why couldn’t I see my own shortcomings and have done something about them? What was the one single obstacle that had held me back?
I had good business ideas but in some cases it took me years to implement them. If only I could have brought them to life sooner… Continue reading “The biggest mistake I made with my early ideas (what’s yours?)”
I came across a story this week about a man who has come up with a way to make a diesel-like fuel from waste plastic and old tyres. William Graham is testing his fuel in a diesel powered vehicle. His fuel costs 40% less than regular diesel.
William, who believes “nothing is impossible”, also came up with a desalination system for producing fresh drinking water. His technology is used in plants around the world.
Moctar Dembele from Burkina Faso and Gerard Niyondiko from Burundi have created a malaria-repellent soap using local herbs. They won the $25,000 Global Social Venture Competition.
These are people who believe in their ideas and work on them until they become reality.
What about those who walk around with an idea in their hand but don’t do anything with it? Continue reading “Hey Joe, where are you going with that idea in your hand?”