Have you ever heard the phrase ‘Idea Avalanche’ before? I haven’t known this term until I read some newsletters from Mike Litman. This affects every body especially entrepreneurs. How you are bombarded by ideas. Ideas after ideas until you found out that you haven’t started or done anything. I have summarized Mike Litman’s article to tackle what I think are the most important points.
His newsletter:
For those of you who don’t know what the Idea Avalanche is, let me explain. When you become an entrepreneur you think ‘ideas’ are the greatest thing. You have so many of them. You take a shower Monday, have an idea. You tell a few people.
Then in your Thursday shower, you think of another ‘great’ idea. You tell a few other people. Then 5 years have gone by, you have tons of great ideas, but your results are terrible. You’re not making anywhere near the money you know you deserve.
That sucks, right? Listen to this.
I was on the phone yesterday with Bill. Bill has one of the worst cases of the ‘Idea Avalanche’ that I’ve seen in years.
He’s been in 7 different opportunities in the last 2 years and hasn’t stayed in 1 for more then 120 days. (do you know anyone like this?)
Bill can’t focus at all. Bill wants instant gratification worse than a kid wants candy on Halloween. Bill knows barely anything about building a business and how to sell/market.
Bill is kidding himself. He has zero chance to succeed. He’s only fooling himself. Come on’ Bill. Wake up. Start being a mature entrepreneur. Start to realize the you don’t build Rome in a day.
Discover how to concentrate. If you can’t concentrate, how do you plan on seeing an idea through? Do you find yourself scattered and procrastinating to much? Here’s my cure. http://www.powerofconcentration.net
Listen, everyone has a little ‘Bill’ in them, right? You can’t display “Mike, this information is amazing, can you boil it down to a few keys?”
Sure.
1) Become a mature entrepreneur. Don’t expect your business
to grow in 5 minutes. A farmer plants a seed and let’s it grow. Do the same.
2) Stop being scattered. Discover how to focus and concentrate.
So Mike is pointing out how to become a mature entrepreneur. To be patient in what endeavor you are in.
Posted by Manuel
Manuel Montala was an online entrepreneur who enjoys blogging about entrepreneurship and gathering information for his blog to help budding entrepreneurs. You can also reach him on twitter: http://twitter.com/mmontala
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