Everything Changes, For Better or Worse

I actually posted this awhile back but I caught an episode of Shark Tank and I had to find it to reblog.

They say change is good.  Perhaps it is, in the long run.  But in the short-term, it is just plain scary, primarily because it forces us into the unknown. Always daunting.  Change can be exciting but nerve-wracking at the same time.  It can force us into positions where we need to take risks we were never before ready to face.  Comfort zones are eliminated, and new challenges may arise.

A few months ago, a friend and I went to see Barbara Corcoran speak at a local college.  She arrived an hour and a half LATE but I forgave her because her presentation was pretty entertaining and she left me with a quote I continue to use because it is SO TRUE – PERCEPTION BECOMES REALITY.

Courtesy of www.abc.com

Courtesy of www.abc.com

Early on in her career, before she became a real estate mogul, Barbara had a business partner/boyfriend who loaned her money to start a real estate business.  Long story short, he hooked up with the office secretary (also her best friend) and broke Barbara’s heart.  After some time went by, the couple unceremoniously announced that they were getting married.  Poor Barbara became the third wheel and finally decided that she needed to go out on her own.  Her ex told her she’d never be able to make it without him.  HA! Who’s laughing now, Ramone Simone???

Anyway, back to my point…

She did go out on her own…and for anyone who watches Shark Tank, you know that she is a monumental success in her field and a millionaire over and over.  Change, though unwelcome at first, forced her into this place. It backed her up against a wall and made her choose her next move, a highly lucrative one as it turned out.

Wrestling with change does not always yield such profitable results, but entrepreneurial spirit welcomes the prospect of an alternate reality – not like in Star Trek; I’m talking about a clean slate and a brand-new plan of action.  Who says you can’t end up like Barbara???

Are You Risk-Averse Or Risk-Embracing??

I’m so charged up right now!  I have the best freaking idea and I’m so excited to work on it!!!

I LOVE channeling my inner creative spirit!  Sometimes it goes into overdrive.  It’s like I can’t stop it.  LOL, do you get the reference?  The Girl Next Door??  Elisha Cuthbert, former porn star, Emile Hirsch, her younger, sex-starved neighbor??

Anyway, big ideas usually come with equally large risks, and not all of them are financial.

For example, if you’re going to dive head-first into a new venture, is your Hubby going to freak out about piling on the debt to get your idea off the ground?  Since he only has his past experiences to draw upon, things might not look too promising for you. Crikey, am I ever going to redeem myself???

Is the risk of an ugly divorce worth all the effort?

Of course, if you’re a gambling person in need of startup funding you could always put your investment on black and roll the dice in hopes of making the rest.  It COULD work…

One defense mechanism you definitely need in your arsenal to overcome said risks is P-A-S-S-I-O-N.  Do you know why?  Passion won’t pay the bills but it’ll drive you towards getting your idea out there and perfecting it so that everyone immediately gets the value proposition.  That creates D-E-M-A-N-D.  And then follows the $$$$$.

See a need, fill a need!  Wow, I’m full of movie references today!

Ever see the movie Robots?  If you’re an inventor/innovator/entrepreneur, you should watch it.  It totally inspires you to get out there and find ways to make the world a better place!  Seriously!  How apropos for a kiddie flick.

Courtesy of Wikipedia

Courtesy of Wikipedia

My idea is fabulous because it is a game-changer!  It’s disruptive!  I had my “ah-ha” moment.  And it was AWESOME!

There has to be an observed need for an idea to gain traction.  And it can’t just exist solely for your own personal purposes.  You have to solve for pain points of the masses.  Making your own life less complicated is nice in theory but it won’t earn you any awards.  Think BIGGER!!!!

Ask the question – can my idea make lives easier?  If so, HOW?  That’s all part of the value prop, too.  And if there’s perceived value, there’s perceived benefit, both worthy of serious financial gains!

It’s such an exciting prospect…to smash out of the box (I’m imagining the Hulk now, kiddies are watching The Avengers).  But make yourself a promise…absolutely love the idea because if you don’t, nobody else will.

 

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