Why is it so hard to convince people to believe in my big business plans?

I have to admit people with big plans put me off. Not that I'm not impressed, but I have the feeling that they'll never be able to deliver the plan. And that often proves true.

Know one trick that you do very well and you'll impress others

On the contrary, I'm very interested in people with clever tricks, able to make a simple plan or summarise a situation without loosing track of what's essential.

Often complexity can be simplified and that would be a mistake to start working on a project that hasn't yet been made small... as the risk of failure would be quite high after people get lost along the way and become counter productive.

As the project goes on, complexity will increase with the size of the project and more resources will have to be pulled in. That's when viewing big is necessary to leverage growth and keep the momentum, not so much at the beginning.

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What if my idea already exists?

You may have already experienced the frustration to realise that an idea you had already exists on the Internet. You don't have to have a unique idea to succeed, what matters most is how you make your business unique We're not 6 billion individuals on the planet for nothing, even though not everyone has access to the Internet chances are your new ideas already exist in a shape or form somewhere. Don't let it discourage you! Your Ideas are unique because you are unique. You may have similarities with existing projects but shortly your personality will show and make your whole project unique.

What's a good home based business idea?

Working from home and making an additional revenue is tempting but not easy to set up. Many have tried it with only limited success. Another busy day at the office! Design your projects to take advantage of being at home and do better than competitors! It all comes down to what you're trying to do, i.e. your initial idea. Why no take advantage of the fact that you're at home to leverage your business? If you've got a big house, you may store things easily, welcome customers directly at your place... A good idea is eventually one that puts you ahead of the competition . Don't hesitate to run it through the business Ideas test before you start!

How can I balance my cashflow and my product development?

Unless you have a regular source of income that covers all of your product development spendings, you'll have to continuously make sure you don't overspend. This has hard consequences: postpone work that isn't top priority, be frugal when dealing with salaries, focus on revenue growth instead of quality. Bootstrapping a startup requires to make hard choices to preserve your cashflow! Cashflow is king for most startups: even if you hand team problems skilfully, maintain a upbeat pace compared to competitors, money problems are still able to kill your business relatively quickly. One way of handling this is to have several regular revenue streams that make it possible to invest in building a quality product over time even if you don't get any funding. Stable resources are the key to a sustainable product roadmap!

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