Brilliant ideas come and go. If you have had one, more than likely you’ve had a million. So how do you know if your idea is ready to become a business? Well, you have to confirm it. Because you can’t make an idea happen if there isn’t anyone to buy it.
It’s easy to get caught up in the excitement of an idea that is bound to be the next big thing, but starting a business is no easy task. And If you aren’t ready then you’ll lose before you begin. The good news is, there are questions you can answer that will help you figure out if your brilliant idea is really brilliant.
To help you get started, we’ve created The Idea Validation Workbook. There are 19 questions to help you figure out how good your business idea is.
Of course, figuring out whether you have a good idea is just the first step in taking the next step. There are many other questions going through the mind of a budding entrepreneur.
Is the time right? Do I want to start a business? What if I fail?
All good questions. And there are no right answers.
First of all, there will never be a right time. Never. You wouldn’t be thinking about starting a business if you didn’t want it, and you are likely to fail several times along the way.
If your idea is good (find out if it is by downloading the Idea Validation Workbook by filling out one of the forms on this page), then you owe it to yourself and the world to put it out there.It’s not unusual to wonder if you are ready to take on the challenge of starting a business.
Once you know you have a good idea, there are other signs that will tell you it’s the right time to step into the startup community.
4 Signs You Are Ready to Start a Startup
1. You Are Miserable at Your Current Job
One of the signs telling you the time is right to start your business is whether you like your job. Perhaps, you aren’t happy with the same routine, and you want to do something that will allow you more personal growth.
If you are willing to make some changes in career and life then now may be the right time to take your business idea and make it real.
2. You Accept the Risk of Starting a Business
There are big risks and responsibilities with starting a business. One of the signs that you are ready to step into the challenge is that you are ready to accept it.
Starting a business is a gamble, but if you do your homework and validate your idea, then you lessen your risks. Educate yourself and become aware. When you do, you’ll accept the risks for what they are and you’ll be better prepared to handle challenges.
3. Your Business Idea Consumes You
You try to put your business idea on the back burner, but it’s consuming your thoughts. If you’ve spent the time validating your business and you can’t get it out of your mind, then it might be time to start your business.
This kind of consuming thought is necessary to find the motivation for your business. Because make no mistake about it – it will consume you.
4. You Have a Great Support System
It’s hard to build a business on your own. A supportive network of family, friends and business-minded acquaintances is important to your success.
These are the people that will give you strength when you want to give up. They will keep you focused on your goals when you want to go in a different direction. And they will bring you coffee and hold your hand when you just can’t make it through another day.
There isn’t a successful entrepreneur out there that does it all alone.
Make sure and download The Idea Validation Workbook and see if your business idea is a good one. Starting a business is not an easy thing to do but as long as you prepare yourself then it might be the right time.