User Power
Value/Post Ratio
170%
- Jul 28, 2013
- 1,278
- 2,178
I wanted to ask for advice on committing to a biz so completely that you are willing to think about it 24 7 from those with experience, but I also want to add some value, so below is what I understand so far. Please feel free to not address the below directly if you have a more direct and efficient view regarding the topic.
Thankyou
Initially its really difficult to want to commit to any business in particular.
We all start, liking great "ideas" and talking some general shop wisdoms, but commiting to following through on investments isn't as easy.
I think we like ideas because we are not really looking for or ready for a great investment.
We like ideas because we think that "easy money" ideas exist, but the truth is that only "easy money" commitments exist and commitments are always a hairy proposition.
When you operate upon an idea you disconnect from the work as soon as you are done writing down new aspects of it. But when you operate on a committd investment it is in your blood day and night, which will be uncomfortable unless the investment was wise enough.
Limbo:
There is a place between an idea and an investment, and the real difference of the investment is when you have put enough "stock" "proof" "faith" into the idea that you look at it as an oncoming reality.
When you finally understand that your idea is a worthy investment of your time, and you have allowed it to become an oncoming reality, it will cause you to be nervous about the 24 7 commitment you are now under. You start to encorporate your business planning into your 24 7 activities and thoughts. The task is then to "be okay with this for the forseeable future".
Ideas are great for flattery, but all that seperates it from an investment is becoming comfortable "living with it".
Can you live with your idea yet?
If yes, then it is time to invest, live and learn about the nature of your ideas when up and running as a venture.
(please excuse any weird grammar)
Thankyou
Initially its really difficult to want to commit to any business in particular.
We all start, liking great "ideas" and talking some general shop wisdoms, but commiting to following through on investments isn't as easy.
I think we like ideas because we are not really looking for or ready for a great investment.
We like ideas because we think that "easy money" ideas exist, but the truth is that only "easy money" commitments exist and commitments are always a hairy proposition.
When you operate upon an idea you disconnect from the work as soon as you are done writing down new aspects of it. But when you operate on a committd investment it is in your blood day and night, which will be uncomfortable unless the investment was wise enough.
Limbo:
There is a place between an idea and an investment, and the real difference of the investment is when you have put enough "stock" "proof" "faith" into the idea that you look at it as an oncoming reality.
When you finally understand that your idea is a worthy investment of your time, and you have allowed it to become an oncoming reality, it will cause you to be nervous about the 24 7 commitment you are now under. You start to encorporate your business planning into your 24 7 activities and thoughts. The task is then to "be okay with this for the forseeable future".
Ideas are great for flattery, but all that seperates it from an investment is becoming comfortable "living with it".
Can you live with your idea yet?
If yes, then it is time to invest, live and learn about the nature of your ideas when up and running as a venture.
(please excuse any weird grammar)
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.