Building The Framework For Your Idea
Once you have asked some simple questions about your idea and you have a good feel for moving forward with it, start building the framework of the idea. This is where a simple SWOT analysis can come in handy to help you build the framework for the idea. Strengths: What are you good at? Where can you utilize your strengths and talents to get the idea off the ground? This is where you can assess you team as well by looking at who you already have in place. Start also by reviewing the resources that you have available whether it be cash/credit, a solid team, access to office space and
How Well Do You Know You?
Enough about me, let’s talk about you. This is the part where we get uncomfortable and start fidgeting with the thought of having to talk about ourselves. It’s certainly easier for some than it is for others. How often do we have conversations with ourselves (more figuratively than literally) about who we are? When it comes to our strengths and weaknesses, how well do we know ourselves? Assessing strengths and weaknesses are a valuable tool not only for business planning but for the individuals in the business as well. When it come to self awareness from a weakness standpoint, answers can range from “I have none” (very few of us)
Do: Assess and Educate
Making changes in your business can be equal parts scary and exciting. Sometimes all rolled into one. When done right adding a product or making changes to your business can be the catalyst for getting your business to the next level. When done wrong it can result in customer mistrust, unclear vision and ultimately the end of your business. How to make sure it’s done right? Assess and educate. Assessing your business runs inline with what a talked about last week with regards to your values. Assessing your values but then you need to ask other questions before you make changes. Do I have the team in place to implement?
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