- Joined
- Feb 18, 2023
- Messages
- 12
Rep Bank
$85
$85
User Power: 67%
So I recently met with my accountability partner to discuss some ideas I had for solving some problems.
The ideas were fairly ambitious let's say (expensive to start and require cutting edge development for years), and they were basically all out my domain of expertise. I also hadn't researched into how they might be solved, just potential market sentiment and that it would be nice for them to be solved. I have no doubt in my ability to grow, learn enough to have a chance at getting the job done, but tbf, I may also not have a lot of time left here and this would also be my first business. He pointed out various flaws in most of them which I didn't think of. For some ideas he even questioned the viability, but he was also as honest as he could be and let me know that I shouldn't give them up, just to spend more time doing research into them.
So my question is, how do you guys know if an idea is too big or unreasonable to pursue, in particular as a first business. Is it money it takes to start? The time and resources it would take? Your culture? Do you not let those things stop you at all initially and imagination'? Maybe you take the problem bit by bit over a long time. Any suggestions are welcome.
Have a good day
The ideas were fairly ambitious let's say (expensive to start and require cutting edge development for years), and they were basically all out my domain of expertise. I also hadn't researched into how they might be solved, just potential market sentiment and that it would be nice for them to be solved. I have no doubt in my ability to grow, learn enough to have a chance at getting the job done, but tbf, I may also not have a lot of time left here and this would also be my first business. He pointed out various flaws in most of them which I didn't think of. For some ideas he even questioned the viability, but he was also as honest as he could be and let me know that I shouldn't give them up, just to spend more time doing research into them.
So my question is, how do you guys know if an idea is too big or unreasonable to pursue, in particular as a first business. Is it money it takes to start? The time and resources it would take? Your culture? Do you not let those things stop you at all initially and imagination'? Maybe you take the problem bit by bit over a long time. Any suggestions are welcome.
Have a good day
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
