Wednesday, August 30, 2006

Ideas to Execution

We all have ideas, great ideas, ideas we think will change the world drastically..don't we?

If that is the case then why is that all the ideas dont turn out to be great success stories? Well not all ideas can be great success stories if not appropriately sold well to people, planned & executed. All this backed with some great funding though.

It definitely is a long journey from the initial point of idea generation to the final point of actually making the company/business profitable for a period.

Here will be an ongoing attempt to continously try to put down all the elements that are important while trying to get there.

To begin with, let me list out a few things that strike my mind first.

1. An idea in the mind
2. Moves to something on paper -> Refines itself into a b-plan
3. Hiccups / Obstacles one would identify after the draft.
4. Another version of the plan.
5. Revised version of the plan which sells the idea to the external world.
6. The actual roadmap
7. The team
8. The partners
9. The actual work - Execution
10. Success Story - Yes OR No!!

Well that was a short overview / contents of how actually is the process of getting the whole thing up & running.

Looks quite interesting, atleast for me!! but how does one accomplish all these things?
How does one know how to do things right?
How will anyone know what is the best possible action that can be taken?

This is where I do feel such people need mentors, mentors provide the necessary badn-width for such people in a true business sense. Help entreprenuers give the insight of the various elements that go into making an idea into an action.

Lot of people have ideas but they by themselves should also have the urge to do something different which can change something around them, that is a character which must be present. Consistency is another key factor without which its just not possible to grow ideas into plans into execution.

To conclude it is important to have a basic inherent characteristic with consistency & dedication, along with a mentor who will show the path towards achieving the vision.