How to Turn your Idea into a $100,000 Business

Do you ever wonder why some people seem to get all the lucky breaks in business while others struggle to barely get by? They seem to be in the right place at the right time.

The fact is, maybe they’re not at the right place at the right time; maybe they just know how to make things “happen.”

As a business advisor, I often see people begin and end a business before they have given it a chance to grow. For some reason, they seem to think that all they have to do is have a product or service to sell and the rest magically takes care of itself.

Nothing could be further from the truth. For any business to succeed there are steps that must be taken.

Business Success Is Simple

Success in business is quite simple. Not always easy, but it is simple. As the top-rated home-based business in the state of Utah for 2004, I speak from experience. My success is a direct result of the actions I have taken on a daily basis.

My success is also a result of having some great mentors over the years. Mentors who were willing to share time and knowledge in order that I could grow my business. My choice with the information that was shared was to either use it or not. Fortunately, in many cases, I listened and applied what was recommended.

On the other hand, I often had people who served as a warning of what not to do in business. People who struggled day in and day out and yet were more than willing to tell others how to succeed in business.

The Benefits of Business Growth

To me, they are as much of a benefit to the growth of my business as those who serve as a model. I was able to look at them and see what I didn’t want. I could also see that in many cases they wanted instant success without effort.

One of the greatest lessons I have learned from my mentors is to explore the ideas I get. Not just explore but have a plan of action and a systematic approach to implementing the idea. And to trust my instinct. And be willing to take risks. It has been said, “With risk comes reward.”

Learn with every Experience

Granted, not all of my ideas have been wildly successful. As a matter of fact, some downright “failed.” And yet, out of every failure was the seed of another idea that held the possibility of success.

Regardless of the type of business you are in, you can achieve a high level of success. It’s a matter of your level of commitment and having a vision of what you want to achieve.

Such was the case with an idea I came up with a little over a year ago. Although I had some of those “warning” folks tell me it could never work, I chose to listen to those who have been successful in idea implementation and explore where the idea could take me. Thank goodness I followed my instinct and implemented the idea. That one idea has made me over $100,000.

The really amazing thing is that out of that one idea have come others. An offshoot idea is a FR*EE report in which I outline step-by-step what the idea was and how it generated the revenues.

Author

  • Kathleen Gage

    Kathleen Gage is the "no-nonsense, common sense" online marketing strategist, speaker, author, product creation specialist, and owner of Power Up For Profits. She helps entrepreneurs make money online. Her clients are driven by making a difference through their own unique voice. As an early adopter of online marketing, Kathleen is considered to be one of the nation's most passionate speakers. She is known for cutting through the fluff and helping people leave their sob stories behind so they can stop focusing on the past and start looking towards the future.