12 Things that Successfully Convert a Great Idea into a Reality

by Krantcents · 26 comments

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If you have a great idea in your mind and wish to convert the same into a reality then the below given steps will prove to be of great help to you.  The very first thing is to have belief and confidence in your thought as well as actions. Next important thing is to have an expert advice from experienced people. Taking calculated risks and keeping the patience also helps to convert your idea into reality.

One must also try to win over their clients through their promising as well as innovative solutions and also extend their business as well as horizon. Not losing the heart and focusing on the goal also proves to be of great help. Next, one must gain the pace while expanding and also refine their ideas so as to improve them. Finally keeping balance  between work and life and creating the heritage in the process helps to convert your ideas into reality.

If you wish to excel as an entrepreneur then you should follow the 5 golden rules which include being inquisitive and asking questions, moving in the action from the solutions, setting up targets that are achievable within a given time frame, maintaining a pool of creative inner circle and looking after the vision, mission and values of the organization.

12 Things that Successfully Convert a Great Idea into a Reality

Final Thoughts

The next great idea is probably something simple, familiar and solves a problem!  I recently saw a new product to solve the problem of emptying jars that have various food substances like peanut butter, jelly and the like.  It was a simple device that raised the bottom of the jar internally.  There are many ideas for tedious, simple and mundane functions that will make your life easier. You do not have to find a cure for cancer or invent some electronic device that used to be science fiction! Taking an idea and turning it into a viable product is no easy task, but worthwhile none the less.

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{ 22 comments }

Daisy @ Prairie Eco Thrifter August 22, 2013 at 5:59 am

I think I would add ‘work hard’! Hard work can help you do almost anything, in my opinion. I think being resourceful is the next most important point.

Krantcents August 22, 2013 at 6:49 am

Working hard should be a given! Funny how some people think you don’t have to work hard to make things happen. Maybe they think it is luck!

Money Beagle August 22, 2013 at 7:08 am

It’s so true about the 1% inspiration and 99% perspiration when it comes to turning an idea into reality. It’s so true that many great ideas probably never come to fruition for the simple lack of motivation to see it through. Overcoming this is key to successfully making your ideas into reality.

Krantcents August 22, 2013 at 12:48 pm

Sometimes the idea is something as mundane as retirement! I often hear people talk about ideas and never put together a plan,do the research or the basic work to make it happen. For some odd reason they even lament that they had the idea first when someone else makes it work.

No Waste August 22, 2013 at 7:09 am

Don’t be afraid to fail!

I think you nail it with the 99% perspiration point.

Krantcents August 22, 2013 at 12:49 pm

Everything is afraid of failure! This is true of the successful people too, but they push through the fear.

Andy Hough August 22, 2013 at 11:30 am

This top ten blunders are familiar to me. I know I can always come up with lots of excuses not to take action.

Krantcents August 22, 2013 at 12:51 pm

You’re right, you can talk yourself out of anything! The key to success is trying things and by shear numbers some will succeed and others won’t. The successful people just succeed more than they fail!

Buck Inspire August 23, 2013 at 1:16 am

Great infographic filled with tons of awesome advice. Love the list of blunders. We really need to avoid them especially fear of failure and doubting one’s ability to compete. Also enjoyed going for constant corrections and I need to work on timing my action properly. If not, I could get stuck at the same level forever.

Krantcents August 23, 2013 at 6:54 am

Personally, I like calculated risks because I am always planning strategically.

Barbara Friedberg August 23, 2013 at 4:24 pm

My approach is to “just start.” I turn off my mind and push forward. In general the only thing that stops me from accomplishing anything is my own fear!

Krantcents August 23, 2013 at 5:13 pm

Fear is a big hurdle to get over! I try to put it in perspective and realize that the fear or nervousness is because I want to be successful. This is how I keep it in perspective!

Kim@Eyesonthedollar August 25, 2013 at 7:53 am

I can relate to the blunder of planning too much without action. Sometimes you have to just go for it. No matter how well you plan, you might as well also plan on something not working as you thought it would.

Krantcents August 25, 2013 at 9:22 am

I think it has been referred to as analysis paralysis! Some people spend all their time planning and analyzing versus doing. Successful people do things and when they fail, they fix what is wrong and succeed.

Greg @ Thriftgenuity.com August 25, 2013 at 4:19 pm

The one that sticks out to me is the advisers piece. I think there could be a whole new section on how to pick the right adviser. Really study what they have done and what it is that you like about their approach combined with what works with their approach. There are a lot of BS’ers out there.

Krantcents August 25, 2013 at 7:20 pm

When I started investing in income property, I assembled my team of advisers. It included an attorney, banker and CPA. All had ther importance in helping me build my business

Michael | The Student Loan Sherpa August 25, 2013 at 7:12 pm

I’m not sure I follow the last image. It adds up to 285%.

Krantcents August 25, 2013 at 7:25 pm

I don’t know if it is supposed to add up to 100%.

Alexis Marlons September 1, 2013 at 2:12 am

Success and perseverance is very essential for anything to become a reality. No matter how much money you have, if you won’t do anything, those money will not move and do things in its own. It always take some actions.

Krantcents September 1, 2013 at 10:36 am

Turning an idea into a successful product or company takes a great deal. Perserverance is certainly one of the necessary traits.

Bryce @ Save and Conquer September 8, 2013 at 5:06 pm

What do you do when your seasoned advisers all tell you that your idea won’t work? I had that happen when I brought an engineering solution to the people who owned the company I work for. Of course, I had to prove them wrong. I did not start my own company or anything like that. I just went and filled several PowerPoint pages with non-linear equations, ran stress and displacement analyses, and showed that the idea would work. We built it for NASA and they were happy.

Krantcents September 8, 2013 at 5:36 pm

Congratulations for having the determination to keep going! More people should do it. I hope you got a promotion or bonus out of it. They will probably listen to you next time too.

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