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Author Topic: Ideas without action: An overview of a successful entrepreneur and a dreamer.  (Read 595 times)
odunybiz (OP)
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October 02, 2023, 07:10:19 AM
Merited by fillippone (2)
 #1

The world is full of great ideas. Many people have brilliant ideas but only few can bring them to action. This is what really separates a successful entrepreneur from a dreamers. Some can read 100 of self-help books but all they know is the theory aspect of life because they have failed to put all or part of what they have read in action. They keep saying "I should be the first person to have started this business in this community" after seeing people making it from such business. Reasons why people may fail to put their ideas into action:

👉👉Fear of been a failure
Fear is one great factor that can easily kill dreams. Failure shouldn't be an obstacle for you to achieve your dream. Alot of billionaire today has once failed in the history of their life. Check out this my article (https://bitcointalk.org/index.php?topic=5412780.msg60900070#msg60900070) on Rejection, failure and disappointment, its impact on ones achievement... From this you will see that sometimes one needs to fail in life to grow.

👉👉Failure to embrace risk
To achieve in life, you must learn to embrace risk. Everything in life is risk. Mr Johnson has $2000 and he said to himself. The economy doesn't favour any business and I don't want to lose my money, so let me just keep it in bank . He has forgotten that the bad economy system will also hit the money in his account.

👉👉Laziness and procrastination
Laziness and procastination may work together to kill ones dream. Some aren't too lazy to work on their idea but just that they keep delaying things by proponing the development of their ideas till tomorrow. They always say"I will start it tomorrow" but their tomorrow never ends. Always remember someone may has same idea you have in mind. Being early to enter the market before the person can be an added advantage for you.

👉👉Sharing ideas with Idea Killers
Idea Killers can be anyone. It can be your close friend, family or neighbour. Telling them your ideas may easily kill your dream. They easily give you hundreds of reasons why the idea may not work and this may therefore kill the idea in you.

👉👉Fear of losing their money.
Fear of losses is a great threat to success. This can easily stop you from being able to think clearly about that your good idea. Sometimes you need to lose some money to later make it big with your idea. Never be turn down by your failure. If you lose money to a business, all you need to do is to analyze the reason and the mistakes you made for such to have happened. This should teach you a lesson and not to fall into such mistake next time.

👉👉Holding on past experiences and beliefs
Some people kill their dream through their past experience or experience they got through someone close to them. They said to themselves Mr Charles did thesame business and fail after investing alot of money. Instead of analysising the mistakes Mr Charles had made that had lead to the downfall of his business, they just easily conclude that such idea may also not work for them.

👉👉Lack of self confidence
Some people don't have confidence in themselves. They never believe they can do it alone. Self confidence is highly needed if you want your idea/business to be successful.


CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.

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October 02, 2023, 09:31:50 AM
Merited by Accardo (1)
 #2

👉👉Fear of been a failure
Fear is one great factor that can easily kill dreams.

Fear is the abundance that drives you to success more than determination. If the exam or the job you are going to join means a matter of life or death, you will be more focused and diligent in it than someone who loves perseverance and strives to achieve more. If you use the emotion of fear well, you will find great energy that will enable you to perform tasks that you are unable to do in normal days.

Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.

The factors you mentioned may lead you to failure, but applying them does not necessarily mean success. You avoided failure, which is the easy option, but success is the more difficult option, which requires more effort and experience in drawing up strategies, implementing them, and then withdrawing profits.

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October 02, 2023, 09:54:46 AM
 #3

        -   All people want to succeed in life; that's why most people are afraid to try. Those who don't do anything yet think about the result immediately usually have negative thoughts in their minds. They are afraid of falling and of others saying negative things about what they are doing.

In these situations, when it comes to "success," there are only two things you can say: "Are you a dreamer," a type of person who "will do whatever it takes to get it," or a "daydreamer," who "will do" your best," which in the end is "your best wasn't good enough." Which one are you here or two?

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October 02, 2023, 01:57:19 PM
Last edit: October 02, 2023, 02:58:04 PM by Fiatless
 #4

CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. The risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.
Everything you have said OP is true. It seems you were speaking to me.  In some cases, it is not money that is hindering us from achieving our dreams but simple things like procrastination and fear of the unknown. We need to take risks because it is even riskier not to take risks. Ideas rule the world so if you have one execute it.  There is no shame in failure because you have just gained some experience. Many great inventors and successful business executives failed so many times but they kept trying. You might be mocked or laughed at but you are better than people that never tried.

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October 02, 2023, 03:35:44 PM
 #5

CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.

You remind of countless stories of how people miss bitcoin at lower price but today, it is back to where almost everyone wish to have it but they are now scared to buy it. This is the risk they forget to include among them, without risk there is no potential and if you refuse to take it, you will regret when it grow because by the time everyone reap the fruit of their labour(patience), they will not get the chance to enjoy it.

Procrastination is deadly, it's one to avoid as a serious person, if that masters your body system, to do even a simple task will be like a load of laundry you want to do with hands, you will miss many of opportunities because you refuse to take them and those that are successful today never give procrastination a welcome hug in their life.

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October 02, 2023, 03:42:53 PM
 #6

CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. The risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.
Everything you have said OP is true. It seems you were speaking to me.  In some cases, it is not money that is hindering us from achieving our dreams but simple things like procrastination and fear of the unknown. We need to take risks because it is even riskier not to take risks. Ideas rule the world so if you have one execute it.  There is no shame in failure because you have just gained some experience. Many great inventors and successful business executives failed so many times but they kept trying. You might be mocked or laughed at but you are better than people that never tried.
It is okay to have plans but if actualization won’t be there then that plan will just be a story you could tell to other people. We hesitate ‘coz we don’t have enough courage to do so. Indeed, the consequence which is losing, is the biggest wall we should first break in order to meet success in our roads. And with regards to other people’s judgements, it is valid if you would react into those but to rely into such subjective viewpoints won’t push you to achieve more. Things are all in our hands for sure. Every struggle as well could be resolved as long as we qould have the drive or eagerness to do so. With regards to failure, there are just people who cannot handle such consequences but if you’re aware of it then you should have not continued in the first place.

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October 02, 2023, 04:07:08 PM
 #7


So many people fail in many things but they never stop dreaming. Risking money at a time when everyone is struggling may really be costly especially when your business also relies on the flow of clients.  With limited capital and a business that you aren't really passionate about is quite a bad mixture.

I have had my share of failures with my 1st and 2nd business and maybe because I do things at the same time. I wanna be a good father and a businessman. I fell on being a businessman but I make sure my kid likes me and we do things together. This at least I make sure won't fail.


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October 02, 2023, 05:42:55 PM
 #8

I can relate to those factors that despite having good ideas that are on my mind, I just can't execute them as I lack of many things. Forget about the funding as it's a normal problem from these startups.

But the actual establishment of that idea, making it into reality is the tough part. You are unsure of the result and it could even be the worst or the best experience based on your reactions.

Some may encourage you to keep on doing that idea but you'll just get from little to having no support at all. It's only you and a few believers will come out to keeping it up if there's no to little visibility of the potential result.

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October 02, 2023, 06:30:21 PM
 #9

I want to add one more really point into that.

Fear of losing their family while pursuing dream

Yeah, it may look add from others but still, it is one of the reasons why the majority of the ones who are filled with ideas can't afford to chase their dreams cause they might be the only person who can feed the family, or thousand other reasons like that which we may experience/ passed/heard is also stop them from doing what they can potentially do because they may not have the financial stability to run the family if there is no income generated from that person so they all keep doing even if they wish they could do something better.









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October 02, 2023, 07:35:17 PM
 #10

I want to add one more really point into that.

Fear of losing their family while pursuing dream

Yeah, it may look add from others but still, it is one of the reasons why the majority of the ones who are filled with ideas can't afford to chase their dreams cause they might be the only person who can feed the family, or thousand other reasons like that which we may experience/ passed/heard is also stop them from doing what they can potentially do because they may not have the financial stability to run the family if there is no income generated from that person so they all keep doing even if they wish they could do something better.
If you are a breadwinner into your family then you would really be needing on taking up those sacrifices but we know that it isnt something a very easy decision to be made considering that you are really that risking
your families condition but if you are really that doing something for much better thing or for better good then its not bad to consider on going into that path. Ideas without having any action would really be just pointless or useless. No matter how great the idea is on what you do have in mind but if it wont come into fruition just because you didnt make out any action then it would really be just remaining to be a dream like forever and this is something that a must avoided thing if you dont really like on finding yourself that having no progress at all. To those who do made out some act and hard work on trying out to achieve their dreams are the ones having the chance or the opportunity on which they could really be able to have those kind of those possible change if they have done it right and having a little bit mix of luck which we know that there are really things
in life that no matter how hard you do work but having no mix of a little luck then it would really be still leading you nowhere.

R


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October 02, 2023, 08:19:52 PM
 #11

Quote
👉👉Sharing ideas with Idea Killers
Idea Killers can be anyone. It can be your close friend, family or neighbour. Telling them your ideas may easily kill your dream. They easily give you hundreds of reasons why the idea may not work and this may therefore kill the idea in you.
Why not rather change your friends or your circle, you can not completely get it right, there are times you need to share idea with someone that's close for encouragement and even advice or assistant in your idea. I think a successful entrepreneur  has smart people or person around him/her.

Quote
👉👉Failure to embrace risk
To achieve in life, you must learn to embrace risk. Everything in life is risk. Mr Johnson has $2000 and he said to himself. The economy doesn't favour any business and I don't want to lose my money, so let me just keep it in bank . He has forgotten that the bad economy system will also hit the money in his account.

Very correct as an entrepreneur or an investor you need to understand that risks would be taken it's almost inevitable but when challenged with risk always have the mind to back down is the risk is a stupid one. Always take calculated risk and weigh your options properly.

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October 02, 2023, 08:20:44 PM
 #12

When you have a dream but you never think about it or follow it up and put it in the form of a plan then it is not a dream but it is just wishful thinking.
And I advise that when you dream, dream as high as possible so that when you fall, you will fall among the sparkling stars. And when you have that dream, keep trying as hard as possible to make it come true. If on the way to achieving this dream you experience difficulties and encounter very serious problems, then you just need to remember that great surfers are not born from small waves. And you need to know that every difficulty you face and every big problem you encounter, whether you realize it or not, is what will lead you to the gate of success.

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October 02, 2023, 08:29:16 PM
 #13

When you have a dream but you never think about it or follow it up and put it in the form of a plan then it is not a dream but it is just wishful thinking.
And I advise that when you dream, dream as high as possible so that when you fall, you will fall among the sparkling stars. And when you have that dream, keep trying as hard as possible to make it come true. If on the way to achieving this dream you experience difficulties and encounter very serious problems, then you just need to remember that great surfers are not born from small waves. And you need to know that every difficulty you face and every big problem you encounter, whether you realize it or not, is what will lead you to the gate of success.
Many people simply stop at thinking what they want and they fail to pursue it as they know that actually achieving what they want is very difficult, basically people want to become rich but they do not want to take all the steps necessary to become rich, however someone with that mentality will never go far, since we know very well that in order to achieve anything in this life we need to take risks and be willing to waste our time and our savings pursuing a goal we may not reach.
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October 02, 2023, 08:38:27 PM
 #14

When you have a dream but you never think about it or follow it up and put it in the form of a plan then it is not a dream but it is just wishful thinking.
And I advise that when you dream, dream as high as possible so that when you fall, you will fall among the sparkling stars. And when you have that dream, keep trying as hard as possible to make it come true. If on the way to achieving this dream you experience difficulties and encounter very serious problems, then you just need to remember that great surfers are not born from small waves. And you need to know that every difficulty you face and every big problem you encounter, whether you realize it or not, is what will lead you to the gate of success.
Many people simply stop at thinking what they want and they fail to pursue it as they know that actually achieving what they want is very difficult, basically people want to become rich but they do not want to take all the steps necessary to become rich, however someone with that mentality will never go far, since we know very well that in order to achieve anything in this life we need to take risks and be willing to waste our time and our savings pursuing a goal we may not reach.
They are afraid on taking risks and even if they are that accepting such risks but they dont really have the capital on starting so.This is why we cant really that making some conclusion in regards about the situation

because there are several factors or reasons on which it would really be a big hindrance for you to be able to make up such step and really that giving you no way for such progress since we dont really have no choice specially on the time that we dont have capital or money to start with on which this is the biggest challenge i would say and the other or next will be talking about being lazy or not risks taker.
Monetary issues would really be that common but not all entrepreneur's started up with having big capital but still manage to succeed on this space.

It do matters always on how you would really be trying out to pursue those goals or targets on which it isnt something that could really be easily be that
achieved without having that real hardwork and dedication.

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October 02, 2023, 09:58:15 PM
 #15

👉👉Lack of self confidence
Some people don't have confidence in themselves. They never believe they can do it alone. Self confidence is highly needed if you want your idea/business to be successful.
The difference between a dreamer and a doer is that a doer is someone who has taken action, and a prompter to take action is a strong believe that you can achieve what you have planned, this if fueled by believe, especially the believe that you have in your own abilities. Self believe beats the believe that other people have in you because it is motivating from within. Believe does not think that there will be no problems or obstacles to success, believe eliminates doubt that the problems will be unsolvable.

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October 02, 2023, 11:56:31 PM
Last edit: October 03, 2023, 05:55:42 AM by odunybiz
Merited by fillippone (1)
 #16

👉👉Fear of been a failure
Fear is one great factor that can easily kill dreams.

Fear is the abundance that drives you to success more than determination. If the exam or the job you are going to join means a matter of life or death, you will be more focused and diligent in it than someone who loves perseverance and strives to achieve more. If you use the emotion of fear well, you will find great energy that will enable you to perform tasks that you are unable to do in normal days.

Fear can never drive you to success. It rather kill your strength to achieve success. Do you know how many people that have failed an examination or job interview due to fear. I've seen a situation where a student grew an exam fever due to the fear of such examination. A fearful person that want to address an audience will rather say rubbish out fear even when he/she knows what he is suppose to say. Being confidence is the to anything one is doing in life. Sometime, your rubbing address in a public talk can earn you multiple of claps just because you are confidence with what you are saying.

Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.

The factors you mentioned may lead you to failure, but applying them does not necessarily mean success. You avoided failure, which is the easy option, but success is the more difficult option, which requires more effort and experience in drawing up strategies, implementing them, and then withdrawing profits.

I don't really understand how this factors I mentioned can lead someone to failure. Although applying them all doesn't guarantee one will achieve maximum success but it part of the challenges most entrepreneurs should look into for success in their business.

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October 03, 2023, 02:24:42 AM
 #17

CONCLUSION
Alot of people today blame themselves for what they have failed to do some years ago. The idea you failed to develop year ago may be the success story of another person that turn him/her to a rich person. Life is just about risk. Risk that money in your account into your ideas without minding what people will say, put in all your possible best for the idea to become successful and become a successful entrepreneur rather than a dreamer.
Sometimes the ideas they get from reading books cannot be realized because they collide with their capital and mindset.
Many people think that capital is the main key, but we can see that many successful entrepreneurs maximize what they have, starting from something quite small but slowly becoming a successful business, because that's how it should be.
Reading books is very good for changing mindsets but practicing them is much better, and a businessman should not be afraid of failure and also losing money because that is part of success in business.

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October 03, 2023, 03:21:05 AM
 #18

I want to add one more really point into that.

Fear of losing their family while pursuing dream

Yeah, it may look add from others but still, it is one of the reasons why the majority of the ones who are filled with ideas can't afford to chase their dreams cause they might be the only person who can feed the family, or thousand other reasons like that which we may experience/ passed/heard is also stop them from doing what they can potentially do because they may not have the financial stability to run the family if there is no income generated from that person so they all keep doing even if they wish they could do something better.
A business man that stays with his family, is best to move along with them. There is no way he'll lose his family because of business. Unless, he traveled and left his family behind. If he leaves enough money for his family before traveling, he may not lose his family, even. Planning, consistency and courage fuels business growth and ideas. Not anybody can do it alone. Many would need help in the process. Hence, working together with the family can be effective. They could be your best business advisers, partners or participants. Depending on the level of understanding in the family. But, its common among business people, their family joins them. So, a family man who cares, can't fail his family for business. Unless he's working to set up a fresh family. A successful business from an unsuccessful family, in terms of cooperation, will suffer losses. Personally, I'd say that a man can as well work with his family on a business and end up being very successful. In accordance with what he offers to the society. Some locations may be lacking out on some services, and would need special services on the utility, and no one to handle or sell it to them. These are important research to make, before setting up a business. Not just filling up the brain with thoughts and no action. Once a person is sure that what they're about to offer the society is on demand, they shouldn't be scared of setting up the business. Fine it may not start immediately, but he'll gain customers. I don't see family as a hindrance.

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October 03, 2023, 10:42:51 AM
 #19

I want to add one more really point into that.

Fear of losing their family while pursuing dream

Yeah, it may look add from others but still, it is one of the reasons why the majority of the ones who are filled with ideas can't afford to chase their dreams cause they might be the only person who can feed the family, or thousand other reasons like that which we may experience/ passed/heard is also stop them from doing what they can potentially do because they may not have the financial stability to run the family if there is no income generated from that person so they all keep doing even if they wish they could do something better.
This is one of the realities of life. There are breadwinners who are just giving up their dreams because they need to choose earning money over their passion to support their lives and bring food to their table. But those people that have dreams and despite the situation that they're facing, they won't just give up their dreams. They find a way to support their families and at the same time, they're pursuing their dreams. This doesn't just happen in movies and films but also in real life. And even when they reach their goals and dreams, they're not going to stop supporting their family because it's like in the blood of those family-oriented people and will do whatever it takes to do both things, to show the love to their family and also to reach the dream that they're wanting to achieve. IMO, these days, most of the families are changing their mindsets and parents don't want to pass the burden of theirs to their kids and letting them do what they wanna do.

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October 03, 2023, 01:36:36 PM
 #20

I want to add one more really point into that.

Fear of losing their family while pursuing dream

Yeah, it may look add from others but still, it is one of the reasons why the majority of the ones who are filled with ideas can't afford to chase their dreams cause they might be the only person who can feed the family, or thousand other reasons like that which we may experience/ passed/heard is also stop them from doing what they can potentially do because they may not have the financial stability to run the family if there is no income generated from that person so they all keep doing even if they wish they could do something better.


This is really true, and I have met several people who had a huge potential from being successful but hinders them from reaching it because of family matters.
For instance, there are people who used to excel in the academe but was forced to stop their studies because they had no choice for, they are the only one that is expected to provide for their families. This is a matter of family over dreams, and of course, family is still the top priority (for others) even if it means that you have to give up on your dreams. So, I think the support of your family plays a major role in pushing you to succeed in this field, and that will help your ideas to be taken into action. This is quite sad, but this is really happening in real life as I have known a lot of people who share the same narratives like this.  But there are people who gave up their dreams for a moment, and then continue pursuing it and become successful entrepreneurs.



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