How much does a Great Idea matter ?
How important is a great idea when you are doing something new, whether it's a startup or something else significant?
Most people think the "great idea" is essential, and if you have a truly great idea, life will be easy: it'll be easy to get people to join you, get momentum, get funding if you need it and more.
I will argue that a great idea, although "great," is not as important as people think. We will ignore right now that an idea, regardless of how good, is useless unless someone takes action.
Even with a smashingly great idea, and enormous success, that idea will have changed during implementation, it will have morphed.
It did for Android (they were originally making a camera operating system well before Google bought them), Nintendo (paper playing cards), Nokia (started as a paper mill), YouTube (a dating site), and many more.
My opinion: Don't worry about a great idea; go for the Big Execution!
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100% is Easy, 99% is Hard
Success is far more likely when you are fully committed!
It doesn’t matter if it is about passing a certification, running, writing a book, or anything else.
Here is quick video of me after a have just completed running 20+ miles a week for 140 weeks in a row. Why? Because my health matters.
When something matters, whether it is professional, personal, or something else, 100%, being committed, makes a difference!
If you are doing 99% percent it is easy to slip to 98%, 97%, 80%, and much much lower!
Constant effect, even though progress may not always seem 100% upwards, is easy with some commitment.
Not trivial, but much easier than 99%!
The Hardest Part of Starting Consulting
What is the hardest part of starting consulting?
Getting Clients? Nope although that is obviously important.
(more here on getting clients: https://successfulinfosecconsulting.com/).
What is the second hardest thing? And what can do you do about these things?
The hardest part – is YOU.
I know I flip flopped back and forth when I decided, between “I’m going to start consulting” and “Who am I to do this?” Feelings of “I’m too young” or “I’m too old” and more are common. Some of this is imposter syndrome which is normal. What do you do about this?
Are Entrepreneurs Risk Takers?
Are Entrepreneurs risk takers? The answer may surprise you!The answer, no surprise, is “It Depends.”
A great many entrepreneurs are rick adverse, and know exactly how much risk their ventures entail – and everything has risk, including having corporate job and going to the supermarket.
Some entrepreneurs are willing to accept a large amount of risk, and although there are exceptions, generally know that they are.
Is Consulting More Risky than having a “Job” ?
Is consulting risky – specifically is it more risky than having a full time job?
The conventional wisdom says “yes” – and is absolutely wrong! Maybe it was “once upon a time but it isn’t now.”
If you have a job and lose it, you are unemployed – it’s binary: “job” or “no job.” And unfortunately people lose their jobs, especially during difficult times.
Consultants typically have multiple clients. If you lose a client, you still have others. Typical consultants have 3-6 clients per year. If one client doesn’t have any work for you, perhaps they “fire” you, go out of business, or are having a difficult time, you still have work from other clients.