Business ideas: What can you do when you have more than two?

What happens when a person has more than two business ideas, wants to start a business soon but is not sure which idea to go with first?

There is a high likelihood they’ll spend a lot of time on all these ideas and delay opening their doors to their first customer.

Let’s take a minute and look at some of the things any person in this situation is likely to go through.

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After that, we can look at what you can do to move forward, build a business and not just have ideas that do nothing but sit in your head and force your brain to think more than it should.

Let’s start with the first one:

The tendency to want to focus on all the ideas at the same time

This actually happens because ideas sometimes, whether similar or different, exhibit the same potential.

And things get really tough when you know you can get the money to implement all the different ideas you have.

If you had to create a score sheet – have a list of considerations to help you determine which idea to go with first, you may end up with two ideas or more that end up putting you in some kind of a dilemma.

Choosing becomes hard and when that happens time gets wasted. Procrastination sets in.

Suppose you pursue two ideas or three at the same time, you’ll have to divide your waking hours on all three.

If only one leads to overwhelm, the remaining one or two will suffer neglect.

It will be a case where you put most of your energy on one idea then when feeling that you neglect the others, switch what you focus on, only to run back to your number one idea.

A whole year can go by without any real growth in one or all the ideas you chose to turn into real businesses.

Crazy how we sometimes think we can get two birds with one stone, only to loose the stone and watch the birds fly away. I’ve lost some good websites this way.

Not favouring a business idea because you think it doesn’t have that much potential

How many are guilty of this?

People who when evaluating the viability of their ideas put so much emphasis on the amount of money their idea can attract? So many. And yet this happens every single day.

What can you do then?

What can you do when you have difficulty choosing which idea to focus on first?

Choose, first, the idea that will give you the chance to learn…

…new skills and inculcate habits that you will need every time you turn a new idea into a business, now and in the future.

The skills and habits can include, among many others, accountability, perseverance, hard work, confidence, negotiating deals, handling criticism, rising early, outreach etc.

See how your ideas can compliment each other

The reason for doing this is that you can use one idea to give another a chance at the marketplace.

Think about those who venture into WordPress web design as a business then add web hosting into their portfolio, or someone who starts a cyber café and also adds a class in another room, offering courses on word processing, introduction to the internet, internet research etc.

Ask yourself which idea is ready for quick implementation

There are countless stories of entrepreneurs who partly attribute their reason for success to coming up with an idea and turning it into a business at the right time .

They attribute a percentage of their business success to being at the right place at the right time – and taking massive action.

If you look around you, at the niche you want to be a part of, and know that the market may respond well to your new business, this may not be the time to spend more time keeping the idea in your head.

You never know your right time and right place may be waiting for you…now.

So, look again at every idea you have, the pains they are focused on and what the people buying from you will get when money exchanges hands…read this post again then make a decision to start.

Further reading: 10 Things to Look at if You Are Thinking of Starting a Business (click this link and subscribe via email to download the ebook now).

Want to share your thoughts or ask a question? Do so in the comments section below.

Niabusiness Recommendations – Tools, Resources

Book Recommendations – Buy & start reading these ebooks on your device now

  1. The Miracle Equation: You Are Only Two Decisions Away From Everything You Want by Hal Elrod
  2. The Art of War: Complete Texts and Commentaries by Sun Tzu, Thomas Cleary
  3. Secrets of Self-Mastery by Mitch Horowitz
  4. Master Your Emotions: A Practical Guide to Overcome Negativity and Better Manage Your Feelings (Mastery Series Book 1) by Thibaut Meurisse, Kerry J Donovan
  5. Coleman’s Laws: Twelve essential medical secrets which could save your life by Dr Vernon Coleman
  6. The Elements of Moral Philosophy by James Rachels
  7. Loving Your Spouse When You Feel Like Walking Away: Real Help for Desperate Hearts in Difficult Marriages by Gary Chapman
  8. Renovating Your Marriage Room by Room by Dr. Johnny C. Parker, Jr
  9. The Billionaire Who Wasn’t: How Chuck Feeney Secretly Made and Gave Away a Fortune by Conor O’Clery
  10. Here’s The Deal: Everything You Wish a Lawyer Would Tell You About Buying a Small Business by Joel Ankney
  11. Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game by Walker Deibel
  12. The Art & Science of Respect: A Memoir by James Prince by James Prince, Jasmine Waters
  13. #BreakIntoVC: How to Break Into Venture Capital And Think Like an Investor Whether You’re a Student, Entrepreneur or Working Professional (Venture Capital Guidebook Book 1) by Bradley Miles, Carol Tietsworth
  14. Leading with Cultural Intelligence: The Real Secret to Success by David A. Livermore
  15. 101 So Bad, They’re Good Dad Jokes by Elias Hill, Katherine Hogan
  16. The Sleep Solution: why your sleep is broken and how to fix it by W. Chris Winter
  17. Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 into $100,000,000 by Jason Calacanis
  18. Sulwe by Lupita Nyong’o, Vashti Harrison
  19. Ruthless: A Memoir by Jerry Heller, Gil Reavill
  20. The Upside of Stress: Why stress is good for you (and how to get good at it) by Kelly McGonigal
  21. How to Be a Great Boss by Gino Wickman, René Boer
  22. Who Moved My Cheese: An Amazing Way to Deal with Change in Your Work and in Your Life by Spencer Johnson
  23. Small Giants: Companies That Choose to Be Great Instead of Big, 10th-Anniversary Edition by Bo Burlingham
  24. The 22 Immutable Laws of Marketing: Exposed and Explained by the World’s Two by Al Ries, Jack Trout
  25. My Favourite Dictators: The Strange Lives of Tyrants by Chris Mikul, Glenn Smith
  26. Influence – Science and Practice – The Comic by Robert B. Cialdini, Nathan Lueth
  27. What Every BODY is Saying: An Ex-FBI Agent’s Guide to Speed-Reading People by Joe Navarro, Marvin Karlins
  28. The Dynamics of Conflict: A Guide to Engagement and Intervention by Bernard S. Mayer
  29. The Time Trap: The Classic Book on Time Management by Pat Nickerson, Alec Mackenzie
  30. Choose Yourself! by James Altucher, Dick Costolo
  31. Get a F*cking Grip: How to Get Your Life Back on Track by Matthew Kimberley
  32. You Can’t Teach a Kid to Ride a Bike at a Seminar, 2nd Edition: Sandler Training’s 7-Step System for Successful Selling by David H. Sandler
  33. The Fault in Our Stars by John Green
  34. How to Win at the Sport of Business: If I Can Do It, You Can Do It by Mark Cuban
  35. The Greenhouse Approach: Cultivating Intrapreneurship in Companies and Organizations by Chitra Anand
  36. DotCom Secrets: The Underground Playbook for Growing Your Company Online by Russell Brunson, Dan Kennedy

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Web hosting companies – get hosting for your blog or website

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  4. Namecheap
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Plugins for your WordPress site

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Hire freelancers to help with tasks you’d rather outsource

Check Niabusiness Classifieds. Place an ad for free. See categories you can outsource tasks in.

For more recommendations, check Niabusiness Tools & Resources page.

2 thoughts on “Business ideas: What can you do when you have more than two?

    1. That is one of the best things one can do when they are overwhelmed with different ideas fighting for a chance to be turned into a business Ryan.

      Seen you on some sites I have visited before.

      Welcome to the site.

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