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Your Big Idea for 2014

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LinkedIn is running a new feature now called Big Idea 2014 where diverse experts are identifying the "big ideas" that will influence how we live next year in a variety of fields. For example, that more and more customers will opt out of social media and cable. I must admit that I have been giving thought to the latter part of that idea.

There's another Big Idea 2014 that caught my eye: that more and more of us will starting our own businesses in 2014. CEO Gary Swart says there will be an unprecedented surge in start-ups.

He writes: "Here’s my prediction: More businesses will be started in 2014 than ever before, and more jobs will be generated as a result — becoming a major driver of an economic growth upswing in the coming year."

His advice:

Focus on something that You are good at. I like to put it this way: What problems are You very good at solving?

Find your niche. This is your point of differentiation, what makes you different from your competition. (See my Green Apple post of the other day).

Fail fast: In other words, don't fall into the planning trap. Analysis Paralysis will keep you from ever actually starting. Much better, Swart says, to "let 'er rip" and get fast customer feedback. Then keep on tweaking as you go.

I would add a couple of ideas:

Field a team: Gather a team around you to give you ideas and support. A team of like minded folks who will challenge you and push you.

Focus on an initial offering: Of all the product offerings you could offer first, which will it be? What will your debut offering be?

Faith: Have faith in yourself and persevere.

So, are you thinking of starting up a new business in 2014? Go for it!

Note: Make sure you have the Six Success Factors working for you: http://learningvoyager.blogspot.com/2013/12/the-six-success-factors-mode...

Posted by Terrence Seamon on Tuesday December 10, 2013

Terrence H. Seamon is an organization development consultant who provides leadership and team development services to employers in New Jersey. His book Lead the Way explores the challenges of leadership. Additionally, Terry is a job search and career coach whose book To Your Success provides a motivational guide for anyone in transition. His third book, Change for the Better, provides leaders with a guide to initiating, and navigating through, organizational change. An alumnus of PSG, Terry co-founded and co-moderates the St. Matthias Employment Ministry in Somerset, NJ. He can be reached at thseamon@yahoo.com and via his website: http://about.me/terrenceseamon

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