Without this, you won’t get your new business idea to fly

(Copyright © 2015 by Chesney Bradshaw, all rights reserved)
(Copyright © 2015 by Chesney Bradshaw, all rights reserved)

A small business owner has been running his service business for more than two decades and now wants to chuck it up and go into a niche in the tourism sector. It’s a promising new business idea which he has been working on for the past two years.

But will he ever get it off the ground?

There is a huge difference between coming up with a promising new business idea and implementing it. Virtually anyone can do some personal brainstorming and can come up with some promising new business ideas. But probably only one in 10 – or it could be far less – have the commitment to follow through. Without implementation, there is no innovation. Continue reading “Without this, you won’t get your new business idea to fly”

How hard are you prepared to work for your small business?

English: Jack Ma speaks during The Future of t...
English: Jack Ma speaks during The Future of the Global Economy: The View from China plenary session at the World Economic Forum Annual Meeting of the New Champions in Tianjin, China 28 September 2008. (Photo credit: Wikipedia)

An interesting video surfaced on the Internet just after the Alibaba IPO in the United States about how Jack Ma, the billionaire founder of the Internet e-commerce site, started his business.

If you look at the video, you will see that Jack had a clear vision for his Internet company, Alibaba right from the outset. In other words he came up with a creative vision for not only having one of the top e-commerce site in China but also in the world. In his address to his five or so new employees he tells them that their goal is achievable but they must not underestimate how much hard work the Silicon Valley crowd put into their companies. He said that it was going to take them three to five years of tremendously hard work to get up and running and to build their company with the international presence of an eBay, Yahoo or Amazon. He went on to point out that they would not be an eight to five pm company but that they would have to put in the hours, working hard, if they were to succeed. Continue reading “How hard are you prepared to work for your small business?”