Things to consider before starting something new
The following are some ways to help you with the big picture stuff when thinking about setting up a new business venture or other project.
What are your motives for starting? Be aware of them if it is to make money, great, if it is to benefit the community great, but be able to define what the motives are.
What do you want to achieve? Do you know how you will measure the success of your new venture? What does success mean to you?
Keep a diary or journal of your thoughts/ideas/processes that you have. The big thing here is writing it down for a permanent record, many great thoughts are lost in the blink of an eye.
Research, research, research; do your homework; people will expect you to be the expert.
Protect your plans and intellectual property, you may need to talk to a specialist legal adviser for this so be prepared to spend some money.
Get alongside successful people; glean advice from their successes and failures.
Stay up-to-date with what is happening in the world and especially in the community where you expect to set up.
Do not take failure personally. Many things can happen to cause plans to change, learn from all of your experiences good and bad.
Be as objective as you can be.
Take time to develop the vision. You need to be able to see the full big picture.
Dream big but start small.
Remember the bigger the vision the more small details matter. Foundations need to be very strong to be able to support large structures.
If, on investigation, an idea doesn’t work don’t proceed.
Sometimes ideas may be sometimes “No” “Not Now” “Not Yet” “Not before…”
Be certain of your own values and ethics, they will drive your idea forward and give it strength.
Paul S Allen