Execute Your Idea and Make It Happen

In addition to being risk takers, entrepreneurs share another common trait: a strong desire to implement their business ideas. Their motivation is based on the reality that business ownership can only happen when you put your ideas into practice.

“Execution is what creates the separation,” explains Publicis New York Strategist Keith Stoeckeler in his article, A Great Idea is Nothing Without Proper Execution, which he posted on Ihaveanidea.org. “It shows the drive and passion that exists to make the idea happen and bring it to market,” Stoeckeler adds.

Some entrepreneurs are very good at coming up with big ideas, but fall short when it comes to execution. Why is it such a challenge for them to execute their ideas? Scott Belsky, author of Making Ideas Happen, argues that most entrepreneurs suffer from idea-to-idea syndrome, jumping from one big idea to the next while executing none.

According to Belsky, developing your organizational habits and leadership capability goes a long way towards honing the skills you need to make your ideas happen. That’s why he founded Behance, a firm in New York City that operates a networking Website for creative professionals, and 99U.com, Behance’s research and education unit that takes its name from Thomas Edison’s famous quote: “Genius is 1 percent inspiration, 99 percent perspiration.”

Frans Johansson is an entrepreneur and thought leader. In this 99U.com video presentation, he illustrates how relentless trial-and-error – coming up with an idea, executing it on a small-scale, and then refining it – is the distinguishing characteristic of the greatest artists, scientists, and entrepreneurs.

Three guidelines when creating a business plan (from a Tufts University senior).

I recently read a post from Tufts University student and RightofWei blogger Arthur Wei, who shares his Top 3 Thought Provoking News of the Week. One of his news items entitled, Your Idea Isn’t Worth Anything, refers to an Inc.com article that lists 10 questions to ask to determine if your idea is worthwhile.

Arthur takes the article’s premise one step further by saying, “even if you have a business plan, your idea may not be worth anything.” In his post, Arthur writes:

“I think this was one of the biggest pitfalls for me when I studied entrepreneurship. In class projects I was told to come up with business plans that will generate large amounts of revenue and require lots of investing as practice. However, I’ve become disillusioned that these are the plans I, as an entrepreneur, am limited to create. Seth Godin showed me that I, as a college student, instead should follow these three guidelines when creating a plan:

  1. Watch out for business plans that require heavy investing. You’re a college student with no experience.
  2. Create plans that do not require a lot of outsourcing.
  3. Shy away from plans that market to the mainstream masses. Focus on either the early adopters or the laggards.

Business plans never follow through. Sometimes it’s better to start small and to get big.”


Home-based Jewelry Business Idea

If you are already crafting jewelry items as a hobby, why not take it one step further and obtain an income from doing what you love? Starting a home-based jewelry business can be a rewarding business venture. To help get you started, I’ve sprinkled a few hyperlinks below, pointing to some resourceful guidelines for earning money from your own home-based jewelry business.

As a business idea, jewelry making is a great one, particularly for a home-based enterprise. With only the cost of jewelry supplies and tools, you can focus most of your budget on marketing. MySmallBiz.com recommends these steps to learn How To Start A Jewelry Business, including how to acquire the skills, where to get your supplies and how to sell your work.

Once you get started, running a home-based jewelry business requires you to do a little bit of everything, from bookkeeping to marketing, and most of the time, you can create your own schedule.

The Home Jewelry Business Guide Web site was written for both aspiring and established jewelry designers who want to grow their home based businesses into a successful and profitable stream of income.

Selling beaded jewelry at fine craft shows and jewelry shows is another way to start earning money through your own home-based jewelry business. If you don’t know how to bead, watch this video to learn the basics of beading as Karla Schafer, Auntie’s Beads designer, demonstrates how to make a bracelet.

Driven by her creative instincts, Sandy Rueve started She Beads in 1993 in Wilmette, Illinois, as a small cottage business, designing and selling jewelry and accessories. Now Sandy’s son Andrew and her daughter Alex work side by side with their mother to manage a thriving family business that exports jewelry around the world.

The realities of running a jewelry business.

Many jewelry designers have failed in the craft business because they have been unable, or unwilling, to deal with the realities of the business world. Therefore, it is important for you to not only learn more about effective ways to sell your products, but also how to manage your business—no matter what stage you have already reached.

If you’ve got a business idea you believe is a winner, you really need to take time to validate your vision to see if it passes the test. This is a great post that discusses the value of feedback in the validation process.

Share Your Expertise By Becoming an Instructor

If you have technical expertise that you would like to share, you might want to become an instructor. Whether you are a carpenter or a computer programmer, this new business venture could turn out to be an opportunity of a lifetime — helping you continue your hobby or career, while you make extra income and meet other lifelong learners. You’ll have experience the satisfaction of teaching lessons in an informal setting to students who are eager to benefit from your real-life skills.

Deciding on a venue for your instructing practice should include finding a facility with traditional classrooms and labs for hands-on training.  At the very least, you can hold lessons out of your home or you can create partnerships with local schools, community centers and other businesses and hold lessons there.

A good place start is with a new company called Skillshare, a marketplace that is making it easy for individuals to share their knowledge in a classroom setting, and get paid for it. Skillshare, which offers classes in person and online, is powered by a community of teachers and students driven by a passion to share real-world skills through collaborative learning.

Skillshare began as a way for individuals to teach and take classes on everything from programming to entrepreneurship to cooking. The company was started in November 2010 by two entrepreneurs, Michael Karnjanaprakorn and Malcolm Ong, who wanted to change education by creating a community where everyone can contribute in learning and teaching.

Now they are focused on expanding their service  to help anyone organize online and offline classes to teach anything. Classes range in price, which is set by the teacher, but tend to cost around $25 per class (Skillshare charges a 15% fee on all tickets sold).  One of Skillshare’s most popular hybrid classes is Launch Your Startup Idea for Less than $1,000, which is taught by Karnjanaprakorn.

The most vibrant local communities include New York City, where Skillshare is headquartered, and San Francisco.

How to Invent a Catchy Sales Gimmick

You probably won’t find “sales gimmicks” topping the list of things consumers love most. In many cases, businesses that promise free price quotes or offer deals too good to be true are probably covering some hidden costs or just looking to bait customers. Nevertheless, there are some “good” gimmicks you may want to consider using to promote your products and put potential customers at ease.

Here are a five ways to use first-rate gimmicks to help promote and sell your goods.

  1. Make up a good gimmick if you want to make your business look better. For example, if you are selling chocolate, then you could say that the chocolate releases endorphins in the brain that makes you smarter.
  2. Come up with a catchy introduction. For example, if you are selling hand-beaded bracelets, you might say, “Welcome to (Your store name), the only place where you can buy quality handmade bracelets locally.”
  3. Make your customer feel welcome, so that he/she might buy your product.
  4. Make sure that there is no bad material in edible products that might offend or worry a child’s parent.
  5. Befriend your customers. This helps generate repeat and referral business.

A few warnings:

  • If you are selling edible products, make sure they are not expired. You can do this by checking the expiration date on the container (cake mix, drinks, dry mixes, candy, etc.)
  • Make sure any or all edible food products are fresh. If you have frozen products, keep them cool in a refrigerator, the freezer, or a cooler.
  • Do not lie about a product or you may be sued for false advertising.

Article excerpt from Wikihow.com

Innovate Your Way to Six Figures

What got Apple Inc. from being valued at $5,309 in 1977 to $1.79 BILLION in 1980? Steve Jobs, you say. Partly, I say.

Innovation. Steve Jobs was an innovator. A pioneer in the technology world. His big focus was not money, yet he attracted more than most. How does that work from a Law of Attraction perspective?

When you are running on passion for what you desire to create, your emotions escalate into a new height of positivity. With those positive emotions you attract the people, circumstances and resources to cause you to move to the leading edge of whatever industry you play.

And isn’t breaking new ground super fun? Yes, it might come with a few setbacks because what you’re doing is new but it’s still thrilling.

Since every business owner has an Inner Business Expert that they can tap into within themselves, there is also an Innovator waiting to be called forth. All you have to do is ask.

Pick an area of your business and start with a general inquiry: What can I do that is super cool and has never been done before?

I know I get excited just asking the question to myself. It ignites all possibility.

When you open yourself up to the internal brainstorming session, please leave money out of the equation. It can become the bottleneck to the best ideas. When you focus on money, things can go from inspiring to heavy very fast.

Professor Clay Christensen wrote The Innovator’s Dilemma, which deeply influenced Steve Jobs. The dilemma is the pursuit of money.

As a business you need to make money, but if money drives your decisions you dampen your Inner Innovator. Apple’s focus is to make great products and sell them. It works pretty well, right? But it’s the opposite of the way most business owners run their company.

I see most entrepreneurs falling into two categories: Those with a passion for what they do, but they don’t monetize it. Or those who create products and services to make money, but they don’t really connect to what they’re selling.

As you tap into your passion and become the innovator, you can monetize your creation and have the best of all worlds.

When I launched a new program recently, my creativity surged for how to give the most value possible. Did I care about making money when I created it? YES! But what is driving my passion is the question I keep asking, “How can I make it even better?”

How can you make what you do even better? How can you tweak it or give it a makeover so that when you see the finished product you think, “WOW! This totally rocks my world and people are going to love it!”

Steve Jobs didn’t pull every facet of the Mac computer out of thin air. He tweaked many ideas from other great innovators who had already done it. He improved upon them and added his creativity and vision. You can do the same.

Be an innovator in your own business, in your own world. Your ideas don’t have to be brand new, just tweaked or pulled together in a new way. Shake things up. Be excited.

Then monetize it for six-figures or more. A very important step.

Last inquiry of the day: How can I generate six figures or more from this?

Oh what fun you’ll have.

Jeanna Gabellini, is a Master Business Coach who assists high achieving entrepreneurs, corporate leaders & their teams to leverage fun, systems and intentionality for high-octane results. An entrepreneur for 20 years she has a treasure trove of kick-butt tools to give you peace & profits. A Gift For You! Get your complimentary Business Building Audio CD “Transforming from Chaotic Entrepreneur to Conscious Leader” for the entrepreneur who wants to be a SUPERpreneur: http://www.masterpeacecoaching.com/freecd

Article Source: http://EzineArticles.com/?expert=Jeanna_Gabellini

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Green Options for Small Businesses

Many small businesses are starting to realize the benefits of going green, but the cost and quality of energy-efficient products remains a big concern. Green options can actually save your business money and won’t force you to compromise quality, according to a report based on the Office Depot Small Business Index released earlier this year.

Office Depot, one of the nation’s largest office supply companies, surveyed 1,002 business professionals and found that half of all professionals are interested in making their offices greener, but cost and understanding are the two primary factors preventing businesses from going greener at the office.

According to the survey, professionals say they currently take part in the following green purchases and practices:

  • More than half (54%) recycle paper and magazines
  • Nearly a half (48%) recycle bottles and cans as well as ink cartridges (45%)
  • Only 24% purchase Energy Star rated technology, e.g. computers, monitors, copiers, etc.
  • One-third (33%) use energy-efficient lights
  • A quarter (24%) print double-sided copies
  • Only 16% purchase remanufactured ink and toner cartridges

The good news is that many businesses are starting to go green and are realizing the benefits. Creating a greener office is probably much simpler and less expensive than you think.

More about the survey in the infographic below:

Office Depot Survey Finds Small Businesses Trying to Go Greener

Browse more data visualization.

People, Planet, Profit.

Gennaro Brooks-Church, director of Eco Brooklyn, is doing his part to turn Brooklyn into the most eco-conscious borough in New York City by saving homeowners money while producing the benefits of energy efficiency. Eco Brooklyn is an innovative green building company focused on turning New York green through low resource material usage and energy-efficient construction.

In addition to completing Brownstone renovations for clients, Eco Brooklyn also invests in houses and “greens” them. These houses are used as New York community outreach platforms to help train local workers and educate the community in good green building techniques.

Top 10 Green Business Ideas

From green cleaning to composting to organic products, there are hundreds of green business ideas available for the eco-conscious business owner. About.com small business expert Alyssa Gregory compiles a collection of 10 green business ideas that will allow you to build a profitable business while helping the environment.