Am I the only one?

Am I the only one coming up with genious IM business ideas almost daily? I mean, I have so many scaleable ideas that Im 99% sure will succeed, but the hard part is deciding which one to stick with. And what if even better idea comes along while working on other one?

Do you guys can recommend me some good method of brainstormimg these ideas to figure out which one is The One?

PS I have stable IM income already Im still working a lot on, but side projects r never enough.

tomsko said:

Am I the only one coming up with genious IM business ideas almost daily?

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No.. you are not the only one.

What I would recommend is if you get an idea write it in your notebook (not on your computer, I find its better to write things down, you can easily forget and misplace notepad files) or even better a big piece of paper and stick it on the wall in front of your pc and when you have an idea put it on there. When you start to get a few ideas and there the same marketing techniques like emailing, maybe they will join together or even better think of a better way to work on it.

What you can also do is, if you really believe that the idea is a golden one, spend several days working on it or maybe weeks depending how big it is. If it starts bringing income in hire someone to do it for you if its easy to teach and get them to scale it up. This way you have an extra income where you will be hardly doing anything. If you work full time already, you will have to do the work in your spare time, but if it can bring in extra income its worth the extra hassle. But!! always do your research, make sure its worth your time. Sometimes in the heat of the moment an idea can seem amazing, take a couple steps back and think about it more.

What I do is while I'm working on my main IM business I always seem to get ideas, I just write them down on post stick notes for later or to think about while I'm just on my pc. You should see my desk... lol, its not the best idea but I'm only mainly working on 1 thing at the time being.

My best advice is stick to one method/business idea perfect it, scale it up as much as you can. Once you have done this, work on another idea but always keep in mind your first idea and do not slack on it...

Hesitation burns your energy, delay will burn your ass.

Start one project, finish it, go on to the next, repeat.

tomsko said:

Am I the only one coming up with genious IM business ideas almost daily? I mean, I have so many scaleable ideas that Im 99% sure will succeed, but the hard part is deciding which one to stick with. And what if even better idea comes along while working on other one?

Do you guys can recommend me some good method of brainstormimg these ideas to figure out which one is The One?

Click to expand...

You are making the common noob entrepreneur mistake. Thinking of tons of ideas and taking action on none of them. Which idea is the best? Which ever one you actually execute.

Ideas are a dime a dozen, execution is what separates the boys from the men.

I'm speaking from experience because I used to brainstorm all day, and get all excited (which is not a BAD thing per se). I used to constantly come up with ideas too, this is a great time. But don't get stuck at this stage, be sure to let the rubber hit the road and get to work on your ideas. When I had multiple ideas, I'd start one and when I got to a point where I had to wait, I'd start working on another. Don't work on too many, but don't spend too much time on a single project that's going no where.

Just pick your top 3 ideas and work on them, starting with the best one.

You will soon see that your genius ideas are only genius in your head, in the real world however, they aren't so perfect.

My mind also gets flooded with so much ideas. I have to stop myself from implementing them because it only costs me money and time. As most of the times these ideas are just BS.

Ideas are just that, ideas.

Every dollar you make begins with an idea. In fact, your mind is a money printing machine.

The process between the thought and the money is 99% work, but it's worth it if the idea is worth it.

I have tons.

Have to re-iterate what others are saying.

I'm in the middle of 3 projects at the moment with 2 others on the back burner.

Daft mistake, I need to concentrate on just one. One of them I haven't even touched in 6 weeks and it is a bit Lost in Space.

Time to knuckle down

Genius*

No, you're not the only one; everyone has ideas, and everyone thinks their ideas are brilliant.

What matters is being able to view these ideas from a variety of angles, critically and honestly assess them, separate wheat from the chaff, figure out which ideas might have potential... and then, if applicable, test them in order to see what might work and what would be worth pursuing in long-term. Also, try to not fall in love with your ideas, you'll need to maintain a clear and realistic perspective throughout the process.

outsource, outsource outsource!!

This is one of the best threads on BHW this summer.

Idea burnout gets the best idea. I actually bought a journal thingy from Amazon called...bah something something Idea Journal. It's in my laptop case downstairs and I'm too lazy to get it at the moment. But the idea is: log your brilliant idea and then forget about it so you can focus on your task at hand. This does two things: A - It gets shit done. And B - it assigns that "brilliant idea" to the subconscious. Next time you go through your idea journal/notepad looking for your next project you'll come across all your brilliant ideas... only like wine they've fermented with age and have become more potent. You'll see new angles. Or the market has changed and it will force a different perspective. All the work your subconscious mind did will start to come forward and produce more brilliant idea babies for your original brilliant idea and you can pick which ones it will eat like a fat mamma hamster.

If you have it bad like me, time management and shiny objects is the real problem.

I use an egg timer, a to do list, a punch list, and a schedule.

The to do list is a general list of things that need doing soon, the punch list is things that need doing next. The punch list is an specific item list, you are breaking the whole job into individual tasks.

I make the punch list and to do list each night and establish a few things as daily targets that must be done before I go to bed tomorrow. I try to knock out the punch list each day, and anything not finished goes to the top of the punch list for the next day. The to do list has everything I have thought of that will needs to be done, even if I cannot do them yet. The punch list is only for items than can be done and is not dependent on something else to be completed.

If I spend 30 minutes each night laying out the work for tomorrow, I have a plan to execute when I wake up.

When I get ready to work, I set the egg timer for an hour, start at the top of the punchlist and start knocking them out. I stay on one project for the hour, unless I finish it or hit a road block. If I hit a road block,that task falls to the to do list, and I hit the next item on the punchlist. If I am finished with the project, I get the rest of the hour as FOT.

The point is to have a schedule of work, so yo are not aimlessly wondering around the computer and Internet trying to figure what you were doing last, or what needs doing next.

Anytime I have to stop working on whatever I am working on, I stop the egg timer, so at least an hour of work gets done each time I start something. I NEVER stop or switch from project unless the hour is spent at least, even if I get interrupted 50 times.

My whole point is that you need a system that works right for you, and set realistic daily targets, and you have to put in the time. You MUST hit your daily targets to keep things progressing. Don't stop production to fix problems unless the punchlist is empty, drop the problem to the to do list and carry on for the full hour.

If you have a site that is going to take 300 hours to complete, after the 300 hours are put in, it should be complete. THEN you move on to the next one.

If you are spending an hour a day on this project it will take 10 months to complete, but at least in 10 months you will have finished something. A year from now you will have that website.

What do you have today that you started 10 months ago?

If you're sure that all of your ideas would succeed 99%, then why not start working with one immediately. Do what you like best first.

i hope not.

if you convert your ideas into reality then it is called as milestone

It's confirmed, OP has an monopoly on good ideas.