The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

I found a need to be fixed...now what?

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.

AlbertR

New Contributor
Read Millionaire Fastlane
Jul 18, 2021
10
4
15
I finished TFM, over halfway through unscripted . Im training myself to find needs and consider ways to fix them. But when I figure out the need...then what? Imagine, years ago, I came up with the Snuggie, how would I execute on this idea?

I’m transitioning from the slow lane. I’ve had ideas in the past and never executed. With my new mindset of finding needs, I want to be ready to execute when the time comes. I want to make great use of my time while I’m searching for needs.

Is there a way I can practice steps of execution, even if I’m not executing a current need, just to practice the steps? I’d imagine practicing that execution phase would be money and time well spent, even if I executed on a product which is already saturated in the marketplace. This way I’m gaining practical education and will know execution steps to take when i find my next great idea.
 

Flint

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jul 14, 2020
221
400
197
I'd start with finding my first paying customer and delivering on the promise.
 

Raoul Duke

Turd Ferguson
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Feb 26, 2016
1,936
6,377
1,495
C0QkjUP.gif
 

MTF

Never give up
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
May 1, 2011
4,572
22,409
4,304
Imagine, years ago, I came up with the Snuggie, how would I execute on this idea?

Assuming it's an idea similar to the snuggie, I'd figure out how to make a prototype and ideally make enough to give it to all friends and family and get their feedback.
 

MJ DeMarco

Administrator
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 23, 2007
32,457
123,458
3,751
Fountain Hills, AZ
over halfway through unscripted . Im training myself to find needs and consider ways to fix them. But when I figure out the need...then what?

Finish the books. You're asking questions which have been addressed.

Words / phrases to look out for ... kinetic execution and critical path.
 

AlbertR

New Contributor
Read Millionaire Fastlane
Jul 18, 2021
10
4
15
Assuming it's an idea similar to the snuggie, I'd figure out how to make a prototype and ideally make enough to give it to all friends and family and get their feedback.
That’s how I should have better phrased my question. Who is it that people contact to make prototypes of different inventions? Should a NDA be signed by the other company?
 

Sponsored Offers

MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Regardless of the above reply, I’ve joined the freelance program. Can’t wait to get started :)...
  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Hey everyone, I have a big announcement to make about how we are going to be working with...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom