Creating Momentum for Your New Business Idea


You've got a great business idea. You're excited at the

possibility of being your own boss and taking control of

your own destiny. There's only one small problem: you have

no idea where to start. The most important thing you can

do, is capitalize on the excitement you currently have and

get some momentum started.

Below are a few simple action steps that will help launch

you into the realm of "business owner"

1. Research. Hop on the internet and type in a keyword for

you idea. Read what is available on your topic. Identify

gaps in the available information; those are gaps you could

fill, potential services you could provide.

2. Talk it up. Tell you mother, your best friend, the

neighbor down the street. Tell anyone who will listen to

you about your idea. This will do 2 things. First it will

create some accountability, you've told so many people about

this great business you're not in a position to just drop it.

Secondly (and more importantly) someone you talk to is bound

to know other places or people where you can get information.

Maybe they have a cousin in another city who started the

same business, or maybe they are aware of a vendor who could

get you a great deal on your raw materials. People know

people and most people are willing to share their knowledge

with you.

3. Create a dummy business plan. This does not have to be

your take-to-the-bank-to-get-a-loan business plan. This

can just be a rough draft. The point is to create something

that will get to you thinking about what you need to do.

There are many business plan resources on the Internet and

most of them ask you some pretty hefty questions. Even if

you're not ready to create a serious business plan, this

is good way to get you thinking in the right direction.

4. Start an ideas notebook. As you do your research, you

will be bombarded with a lot of ideas, some good, some not

so good. Creating a system to keep track of those ideas

will help prevent you from feeling overwhelmed and ensure

nothing slips through the proverbial cracks. Once your

business is underway, continue to use your notebook as a

repository for ideas. Make it a point to periodically

review it when you find yourself in need of inspiration.

5. Talk with other entrepreneurs. Business owners are a

special breed. Talk with other people who have started

their own business to learn their lessons. Find out what

they love about it and what are the challenges. Learn what

networking venues are most successful for them.

6. Set a timeline. Give yourself a deadline to stop

researching and start acting. Don't allow your enthusiasm

and motivation to wither.

About the Author

Myrtis Smith is a

personal coach. She works with people who are undergoing

a career change. Sign up for her free newsletter Change

Now! at www.premeditatedlife.com or send an email to

changenow@premeditatedlife.com

Premeditated Life.......because life doesn't just happen!