The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

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

AlbertR

New Contributor
Read Fastlane!
User Power
Value/Post Ratio
40%
Jul 18, 2021
10
4
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.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Flint

Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
193%
Jul 14, 2020
229
443
I'd start with finding my first paying customer and delivering on the promise.
 

Raoul Duke

Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
324%
Feb 26, 2016
2,209
7,149
C0QkjUP.gif
 

MTF

Never give up
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
455%
May 1, 2011
7,620
34,663
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.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

MJ DeMarco

I followed the science; all I found was money.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
446%
Jul 23, 2007
38,176
170,309
Utah
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 Fastlane!
User Power
Value/Post Ratio
40%
Jul 18, 2021
10
4
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?
 

AlbertR

New Contributor
Read Fastlane!
User Power
Value/Post Ratio
40%
Jul 18, 2021
10
4
Finish the books. You're asking questions which have been addressed.

Words / phrases to look out for ... kinetic execution and critical path.
Thank you MJ, I will be done with unscripted soon. Excuse my premature question.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

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

Join Fastlane Insiders.

Top