Dying Entrepreneurs…

Today is the world of entrepreneurs. Just think, how many Ideas have become the viable business model and took off to become the best organizations in the world in their specific domain.

But do you know that only 10% of the business ideas are even being started and hardly 1 to 2% of these ideas survive the business ocean?

Why these ideas never even start to take their seed in the mind of entrepreneurs is mostly because

• They want financial security for themselves and for their family
• Too afraid to start something because their idea might fail
• A similar idea exists in the market
• Thought that their idea is not good enough
• It's just too much for them to handle along with their job and family

These are some reasons that even the most effective world-changing idea never even takes seed in the great entrepreneur's mind.

But again this is also true that every idea that comes to you might not be pure gold…

So, what to do to analyze if it is gold or not?

Well, the first step towards solving any problem or understanding an unfamiliar situation is that you start Analysing it!

In a matter of starting a new business as well, the first step is to analyze the market, demand, supply, and if it will be profitable because at the end of the day you and your employees got a family to feed.

If your idea passes all these tests then the last one is to see from the future perspective…

Do you remember a man who just brought the 100 horses right before the motor vehicle was introduced… Of course, his idea of expanding the business failed because his vision was not future-proof.

So don’t start something short-lived if that's not what you want…

Today, because of the internet anyone can do these analyzing studies from right where they sitting, all you have to do is search with the right keywords.

During these analyzing study, you might find both types of result either there is a lot of expanding to be done in these specific idea or these type of idea is not even worth to try…

Now is the time to judge yourself and your idea, a decision-making process…

In this step, you can either avoid all the facts and still go on executing your idea or you might stop completely.

But it doesn’t have to be either this or that, you can think around your idea and the analysis you just did and come up with an even better idea…because at the end of the day improvising is the best tool any entrepreneur has their toolbox.

One more thing to notice here, improvising doesn't just have to be good for you it must be useful for your user, they must feel that your product is valuable and worth paying for…

Your product must come up as a qualitative-affordable product as per your end user.

Because at the end of the day, a happy user is the most important thing you must have to run a business no matter how big or small it is.

This is one way an entrepreneur in you can breathe and stay alive until it lives…