2008- A mountain to Climb! Reaching Critical Mass

25 04 2008

Well Monday has come just as quick a Friday went…… The concerns, pain and uncertainty are still there in abundance. It’s getting even more difficult to turn this new project around….. This is exactly the point where we loose most of our budding and aspiring entrepreneurs, through lack of finance, lack of knowledge or just plain and simply we reach the point where we can take no more!

I wonder just how many Entrepreneurs have just sailed past this point either through successful trading, lucky break or sheer determination?  Well my point is not aimed at the ones who have sailed through the stormy seas onto calmer waters rather than the entrepreneurs who’s ships run aground or sank at this point?

Two trains of thought:-

(1) You have an idea yet you are underfunded but you have to start the project anyway, because if you did not start the project then it would have never got off the ground. If you have a concept then some people will not believe and realise until you can show them something tangible?

(2) You wait until you have all the necessary funds are in place before commencing your project?

I believe that there are different project that at times need to be created in different ways. Some projects cannot possible start without having the precise funding in place whilst others can be started in order to gather interest and investment. Some projects are very clear cut and without a doubt you know exactly what to do and when, while some other projects, well i guess it’s down to how you feel and the circumstances, climate and the presents itself to you!

OK so we are are where we are, underfunded but a fantastic idea that is now very real and very tangable…. so what are the next steps? Forward momentum is everything…

  1. Keep the dream alive at all costs
  2. Remember why you started what you started?
  3. Celebrate the wins
  4. Ensure that you key team has a firm footing on where they are heading
  5. Give clear direction
  6. When all around you are doubting – raise your game
  7. Remember to talk about your position openly with the people that you trust
  8. Prepare a plan of action and move towards it
  9. Look towards your customers first- they are your primary source of income
  10. NEVER GIVE IN!

I always dreamed of big things but even the biggest joinery starts with small steps and i have said to so many people “Instead of trying to cross a raging river in one go, take small steps and use the stepping stones, if you look closely enough- you will see them!”

See you all on the other side….

GFI

Regards
The Unknown Entrepreneur

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25 04 2008
» 2008- A mountain to Climb! Reaching Critical Mass

[…] Business Web Directory Blog wrote an interesting post today onHere’s a quick excerptWell Monday has come just as quick a Friday went…… The concerns, pain and uncertainty are still there in abundance. It’s getting even more difficult to turn this new project around….. This is exactly the point where we loose most of our budding and aspiring entrepreneurs, through lack of finance, lack of knowledge or just plain and simply we reach the point where we can take no more! I wonder just how many Entrepreneurs have just sailed past this point either through successful trading, lucky break or sheer determination?  Well my point is not aimed at the ones who have sailed through the stormy seas onto calmer waters rather than the entrepreneurs who’s ships run aground or sank at this point? Two trains of thought:- (1) You have an idea yet you are underfunded but you have to start the project anyway, because if you did not start the project then it would […] […]

25 04 2008
2008- A mountain to Climb! Reaching Critical Mass

[…] Original post by – World of Psychology […]

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