11 Tips to Help You to Turn an Idea Into a Successful Startup

Jacques Fresco once said:

I have always been interested in the work of Leonardo Da Vinci, but most of all, I was interested in learning about his surroundings.

This makes a lot of sense, since great ideas do not come just like that, but are a product based on life experience and communication with the right people. I decided to share my experience in creating a startup and gathered some tips for beginners.

Many dreams of being entrepreneurs. Ideas can come at any time – in the shower, during leisure, dinner, or at bedtime. But most of them remain just ideas, although they could potentially be successful solutions, but the most challenging part lies ahead. Turning a concept into reality takes a lot of time and labor, so passion should move you. Besides, it is much easier to devote 20 hours a day to something that you are really passionate about.

I have put together a few tips for you to help you convert your ideas into reality:

1. Write each of your ideas on paper

Turn an Idea Into a Successful Startup
Turn an Idea Into a Successful Startup

Your ideas and thoughts mustn’t be forgotten over time, so write them down on separate pieces of paper. A great option would be to prepare an envelope or a folder with blank sheets in advance, on which all ideas will be recorded and folded together. From an envelope or folder, ideas will not go anywhere and will not be forgotten (unless, of course, you decide to throw them out). You can also use a computer and, for example, create a separate folder, and write each idea in a separate file.

2. Determine whether there is an opportunity for the implementation of the idea.

Turn an Idea Into a Successful Startup
Turn an Idea Into a Successful Startup

After you have written down your idea, you need to think about how to implement it best. It is necessary to conduct a complete analysis of the resources required for implementation and to allocate those resources that already exist.

Resources are not only money but also some kind of property (perhaps even rented), time, staff, etc. If all resources are easily accessible or even available – get started right away. If resources are scarce or difficult to access, then temporarily put this thought into an envelope. Let it be stored in an “ideological” place for now.

3. Build a strategy for the future

Turn an Idea Into a Successful Startup
Turn an Idea Into a Successful Startup

If you do not fulfill this point, then even the best and most ingenious idea can be a waste of time, effort, and money. It may turn out that the idea will be ideal for the next couple of months (or even less), and there will be no need for it in the future.

In order not to waste your energy in vain, first think about whether your idea has a future? What will happen after the implementation of the concept? Will it play a role in your life to achieve the most important goal? If there are no answers or it is not possible to positively answer a particular question, it is better not to waste energy on these one-day thoughts. Put this idea aside.

4. Distribute routine work

Turn an Idea Into a Successful Startup
Turn an Idea Into a Successful Startup

In order not to forget why you are involved in a project, you must not forget about the essence of the idea. It is prevalent that a person begins to engage in some kind of monotonous and routine work, wholly immersed in it, and a great idea that could have a great future gradually dies.

Of course, a massive number of technical details are important for the high-quality implementation of the idea, but the main thing is that they do not overlap the idea itself. Therefore, you need to learn how to delegate certain monotonous work, which is essential when implementing the idea to other people. It does not have to be employees. You can connect friends, relatives, and close friends to this business. You must deal exclusively with the idea.

5. Make a plan for the day

Turn an Idea Into a Successful Startup

If your plan for the day contains at least 1-2 points related to the implementation of actions on a new idea, then its application will not take long. But these points mustn’t be just present, but also fulfilled – only then can you achieve the goal.

6. Do not forget about the “ideological” envelope

Periodically review your thoughts and ideas. The necessary resources may have already appeared to implement some ideas, and you can begin to implement it. And some ideas may even lose their relevance, and therefore there will be no place in the envelope. Outdated ideas are best thrown away to make room for new and fresh ideas. In the meantime, you are looking at your old ideas, and some new thought may come that allows you to improve or complement one of the already prepared ideas. Be sure to write it down!

7. Explore and communicate

Turn an Idea Into a Successful Startup

Customers are not always simple. Do your research to fully understand what they need, even if they themselves do not know what they really want. Always analyze companies and their products on the market to understand what they are doing well and where they could achieve better results. You can find something you need from anyone, and it’s hard to say where the conversation might lead. Don’t be shy to send an email, make another call, or go to another meeting.

Target people who will be able to help you. Being a shy person, it is sometimes tough to find the courage to reach out. But you will be amazed at what kind of support and willingness to help people can demonstrate even after one conversation. No need to be afraid to ask, especially since there is nothing to lose when you believe in your product.

8. Find the right team

Entrepreneurship can be a tiresome and debilitating process. Find a team that complements your skillset. Always keep an eye on new people who could help achieve the desired results. It is essential to have a distant look but be flexible in achieving your goals.

Successful entrepreneurs can make changes on the fly while relying on market feedback. It’s not enough to think only about what you are doing. One must also be critical of the questions “why?” And How?”. Say you are a salesperson and you are tasked with making 50 cold calls a day. Instead of doing this until you are entrusted with something else, you need to be able to think critically about your work and think about what would be more effective.

9. Enjoy the moment

Turn an Idea Into a Successful Startup

It is easy to be disappointed if there is no progress. Do not forget to take the time to stop and appreciate everything that you and your team have achieved at the moment. This gives an additional impetus to work and continue to translate your idea into reality. Enjoy the moment, and use your progress to fuel success.

10. Adapt

Successful startups are continually changing based on feedback and the data they collect. Changes are permanent, and you may find that the description of your vacancy changes during the night. Often you have to do work that is not at all related to your regular duties. Or your company, in general, may open in something else, for example, like Instagram.

The ability to change the course of development makes startups exciting. Still, as a member of the team, you need to be prepared for adaptation, which includes finding new ideas and mastering new skills. Startups love people who are one step ahead and ready to solve new problems in a period of growth and change.

11. Believe

There will always be difficult days when you can fail, and something will go wrong as planned, or you will not achieve the specific tasks that you have set for yourself. Be your fan, and continue to believe in your idea. Use the support of friends and family. Your passion and, of course, hard work will ultimately lead your company to success!

You can also read:

5 Tips on How to Love Your Work

7 Tips for Organizing Remote Work During Coronavirus Outbreak

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