Ir al contenido principal

Mauro Libi Crestani: You have to test ideas before implementing them

By Mauro Libi Crestani. You probably have brainstormed ideas in your head, so that sometimes you have time to write them and put them into practice. The issue of testing ideas before executing them can become a profitable business plan and a road to becoming a great businessman and a successful person. An expert in these matters, M. Michalko recommends the use of concrete steps to keep all ideas organized and test them before you spend the time, energy and effort in implementation methods ideas.

Recommendations for organizing your ideas

One of the recommendations is to create and maintain the habit of keeping a written record of attempts at creativity in a notebook, USB drive, or on your computer. A record not only ensures that the last thoughts and ideas as they are committed to paper or computer files, but can also lead to other thoughts and ideas.

The simple act of recording your ideas is like having an active file. Leonardo da Vinci used to think of ideas, write them down and improve them over time by preparing a file. This organization of ideas allowed DaVinci to take simple and complex concepts and work on amazing inventions that were many years ahead of his time, such as the helicopter, bicycle, and the diving suit.

Guidelines to organize your ideas:

1. Collect all the interesting ideas that you find during brainstorming sessions, ideas that one has read or ideas that you believe you can accomplish.

2. Register thematically in a notebook, on your computer, or on note cards to present by topic in a box file (for example, improved organization, sales presentations, new markets, new product ideas, etc.) . In case you need more information about an idea, you must indicate the source where the idea is found. Some ideas can fit into several different categories.

3. Once you've developed an idea and have a wide base, several methods exist to collect the view of your collection. Whenever you experience a problem, you must recover the ideas in your file that you created and can apply to your need. Spread ideas before and after reviewing existing files and connect with people who can help.

Use the following suggestions to select the ideas more suited to your needs:

1.       Select the ideas that contain attributes closely related to the attributes of the subject.

2. Once you have selected several ideas from the larger group, prepare to apply the ideas to your current needs. You can tell if you can apply the whole idea or if only a single procedure or part of it applies. Similarly, ideas can be modified to apply to a given situation.

3. Combine and apply appropriate procedures or attributes from two or more ideas.

Find the need to be satisfied with that idea

The idea becomes a big deal is because it is able to meet any need. Keep in mind that there are many needs to be met. In some cases we are aware of them and not always. With a little research you can find plenty of needs to be met at any level of Maslow's pyramid, which states that there must be a need to meet to create a business that can take a hit in the market.

Once we know that the idea covers one or more unmet needs, it must be assessed to see whether there is sufficient market to bring the idea to reality. It's time to study the market to see if this idea only covers one of our needs or whether it covers a global need. It's time to study the potential of the idea in each market segment.

There are countless market segments and we must find the segment that would potentially be interested in turning our idea into a product or service. Here are some tips for market segmentation so you can assess what is the most ideal market segment for your idea.

Then try to make a plan detailing everything you believe is needed to successfully develop your idea materials, hours, staff, skills, work space, etc. It's time to think of and create a business plan.

Remember that lack of planning is one of the main reasons that businesses fail. Therefore, it is very important that you spend all the time in the world to plan your idea to turn it into a business. Thus you can evaluate the feasibility of your idea and ensure it won't fail.

The cost of the idea
 
It's time to calculate the cost of production and evaluate the profitability of the idea. Note that it is very important that you calculate all of the expenses and investments will need to put your idea to work. But it is also very important that you evaluate how long it'll take to recover those investments. Because, in the end, the most important thing is not what it cost you to implement it, but if it will be easy to retrieve what you have invested in it and whether it will bring you benefits. If you see that there is no possibility of recovering the capital then forget about it and be glad to have tried the idea before putting it into practice, saving yourself money and stress.


Follow us Twitter @maurolibi12
Linkedin
http://www.mauro-libi.com/

Comentarios

Entradas populares de este blog

How does technology help in business communication?

One of the elements which has undoubtedly worked to support our growth, expansion and excellence projects in the last years, has been technology applied to business communication. I still remember when everything was reduced to memos, billboards, advertisements, photos and one or another printed publication in order to communicate inside the company; at the same time absolutely massive Advertising in existing media was in charge to go to the great public which included our customers and prospects.  Today we can say that with the advance of humankind, communication needed is also appearing. And our times make use of digital communication to improve business processes with more efficient and functional ways which allow more interaction, and overall, business productivity. Technology in communication expressed in the use of Internet, and with it, the Web, social networks, e-mails, multimedia resources (videos, infographics, memes, podcast, live broadcast, etc.); joine...

Mauro Libi: Social responsibility can improve your financial performance

 Social responsibility represents benefits for the society where the organizations are located, but for the companies too , since their effects are also felt in profitability.Just as you read it, it is proven that the risk of affecting the profitability of companies and enterprises grows when there is no specific application of responsibility with the organization's environment, nor transparency and business ethics. It is therefore, essential that organizations incorporate socially responsible actions into their management and, the benefits go beyond philanthropy or timely help that companies can provide to the communities where they operate.The actions of social responsibility are highly beneficial for organizations beyond the immediate effect that their action generates in society, and in the long term, the contribution that companies and enterprises make in their environment help generate a virtuous circle and healthy economic development.  How they do this...

Mauro Libi Crestani: Change initiatives are not just whole scale business transformations

By  Mauro Libi Crestani.  Business hire management teams to figure out new ways to solve customer problems, improve products, create new revenue streams, and reduce costs. This involves creating new ideas for change. Technology, innovation, products and the way of doing business means coming up with new ideas for staying competitive in today’s quick moving market. Every change starts with an idea—a vision of what could happen to create a tangible benefit for an organization. But ideas are not enough. Change initiatives are not just whole scale business transformations. These make-or-break moments can also be leadership changes, restructurings, culture changes, system implementations, operational excellence programs, workforce programs or new market expansions. This involves time and money. Given all the investment in change and its importance to a company’s future health it is important to take note that….. A seminal study by Harvard Business School professor emeritus...