{"id":5786,"date":"2008-10-01T12:37:41","date_gmt":"2008-10-01T17:37:41","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/10\/01\/heres-a-game-plan-to-make-your-idea-a-reality\/"},"modified":"2008-10-01T12:37:41","modified_gmt":"2008-10-01T17:37:41","slug":"heres-a-game-plan-to-make-your-idea-a-reality","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=5786","title":{"rendered":"Heres A Game Plan To Make Your Idea A Reality"},"content":{"rendered":"<div style='italic;' class='uawbyline'>by Franta Shinsky<\/div>\n<p>1.  Every dream has to start somewhere.  What is it that you are actually trying to do, in a nutshell?  Can you fit it into a single sentence?  For example, aI want to build a business making greeting cards.a  2.  Where do you want to end up?  Where do you see your idea going in the future?  Your final destination impacts the steps you take to get there.  3.  What are your reasons for doing this?  Is it to benefit yourself or someone else, or is there another purpose, for example, financial independence?  4.  With your goal in mind and why youare striving for that goal, consider whether or not this is what you really want to do.  If so, you need to figure out how to reach it.<\/p>\n<p>The first step is to look at how to reach your dream, for example how to build a business from the ground up.  5.  List what you will need.  The odds of it being anothinga are fairly minuscule.  If nothing else, it will need your time.  6.  How much is enough?  Despite your best intentions, there may come a point when you will have no choice but to turn your back on your idea, or at the very least leave it in a closet for awhile while you concentrate on other things.  Although planning for failure is an unpleasant thing, it is important to know just how far you can go before you find yourself in over your head.<\/p>\n<p>7.    What is your list of prioritized projects? What are all the things you can do to accomplish the goals outlined in steps 1 through 3? This isnt the action plan this is determining which actions can go into the action plan. In this example, it is determining how to set up a new business.<\/p>\n<p>Option 1:  Keep a normal full time job, but work during my free time to build up my own business.  Pros:  No loss of benefits or income.  Cons:  Great loss of time.  The equivalent of two full time jobs wonat leave any time for family or much of anything but eating and sleeping.<\/p>\n<p>Option 2: Quit my current job and work full time on the new business. Pros: Greater odds of success, if the business cannot work if done on a part time basis. Time to pound the pavement. Cons: If it doesnt generate income soon, Ive lost two jobs. No health benefits.<\/p>\n<p>Option 3:  Buy into a franchise, or buy an already-existing business outright.  Pros:  The foundation of the business is already laid; presumably there are existing clients who I might be able to keep.  It might be possible to pay for the expertise of the current <a href=\"http:\/\/millionaireforum.info\/blog\" class=\"kblinker\" target=\"_blank\" title=\"More about owner &raquo;\">owner<\/a> while bringing myself up to speed.  Cons:  Why are they selling the business in the first place?  Is it really something I want to get into?  If itas a franchise, there are bound to be fees.<\/p>\n<p>8.  Now that you have considered the pros and cons of each of your options, you need to select one.  Which one has the best risk-rewards ratio for your situation?  9.  With a basic plan of action decided upon, you can begin to look more closely at what you need to do at each stage.  Make a timeline, and stick to it.  You also need to make a realistic budget, considering everything that you will need to start your business.  There is advertising, office space, and donat forget that youall need some sort of salary.<\/p>\n<p>Example: Building up the business.               Work full time while working on the side action plan: 1.    Create business cards for the new business. 2.    Tell all my friends Im doing that kind of work, get referrals for friends. 3.    Do all the jobs I can on the side. 4.    Save up the money from this to get full liability insurance before doing big constructions jobs. 5.    Get the liability insurance \/ bonds. 6.    Incorporate. 7.    Work full tilt on weekends and evenings. 8.    Hire a helper to work on evenings and weekends. 9.    Quit job and work on projects full time. If you did it, congratulations! If you didnt, look at what happened. Learn from the mistakes and try, try again<\/p>\n<div class='uawresource'>\n<div style='italic;' class='uawabout'>About the Author:<\/div>\n<div class='uawlinks'>Before you start looking at <a href=\"http:\/\/reviewswith.com\/list\/biz-opp\">business online opportunity<\/a>go and read real people objective reviews ,tips, advice and ratings about <a href=\"http:\/\/reviewswith.com\/list\/bizzop\/internet-marketing\">business opportunity<\/a> to help you choose the best services.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>1.  Every dream has to start somewhere.  What is it that you are actually trying to do, in a nutshell?  Can you fit it into a single sentence?  For example, aI want to build a business making greeting cards.a  2.  Where do you want to end up?  Where do you see your idea going in the future?  Your final destination impacts the steps you take to get there.  3.  What are your reasons for doing this?  Is it to benefit yourself or someone else, or is there another purpose, for example, financial independence?  4.  With your goal in mind and why youare striving for that goal, consider whether or not this is what you really want to do.  If so, you need to figure out how to reach it.<\/p>\n","protected":false},"author":2118,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[77],"class_list":["post-5786","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/2118"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5786"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5786\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}