Most great ideas remain dormant because people don’t have the courage, resources, time and/or money to take action. And for those who take action, most are unprepared and thus find themselves spending their valuable time and money on a dream that simply goes astray.
Converting an idea into a reality (regardless of the required investment of time and money) is never an easy task. In fact, it is extremely difficult. You must own the responsibility regardless of the circumstances.
Luckily, the internet has created massive opportunities to connect with like-minded individuals for potential collaborations and cheaper technologies have made access to necessary resources even easier.
Here are some things to consider before launching your idea:
- Find out what resources you have and what you need
- How business savvy are you? Do you need to undertake some training?
- Map out each stage of the process and determine exactly what is required
- Run a couple “test runs” of your idea first
- Research what market or consumer target would benefit from your idea
- Look for opportunities to get funding and support for your idea
If you have an exciting, imaginative digital solution for business, this is your chance to pitch for the prize money and support you need to make it happen. Coffs Harbour City Council has created in conjunction with their partners the “Digital Innovation Challenge. This is designed to inspire budding entrepreneurs to create and pitch their innovative digital solution for business. It is open to any type of business solution or market need. For example, it can be a business2business solution, consumer application or a social enterprise. For more information please visit the Digital Innovation Challenge website.
If you need further information about starting or growing your business contact your local Small Biz Connect Consultant today on 1800 007 400.