Regardless of whether you’ve come up with a hot idea that has absolutely no competitors or you think you’ve come up with such an idea, you need to make sure you plan your business correctly. Here at The Next Big Thing, we help entrepreneurs with the crucial steps of planning their business correctly, getting the right contacts and putting in motion all the processes that they need to eventually create a successful startup.
Keep in mind that the vast majority of startups, and we’re talking about over 90%, flat out fail. Of course, they don’t fail right out of the gate. When they first began, they had a lot of money, they had a lot of funding, they had a lot of things going for them. As time went on, however, the structural weaknesses of the idea behind the products and services they built the company around started to become obvious and as these weaknesses come to view, all sorts of problems appear.
The Next Big Thing is a nonprofit organization that only has one mission. Our mission is to help entrepreneurs located in Canada and elsewhere to get the information and resources they need to put together a workable business. We can’t emphasize this enough. You might think that your business has all the ingredients for ultimate success.
Unfortunately, if you are anywhere near like the typical online entrepreneur, a lot of these ideas seem hot on paper. Let’s get real here. There are a lot of things in life that are awesome on paper but the moment you try to implement them, you start seeing their problems. You start seeing that they are structural flaws that eventually would undermine their performance or make them nonstarters.
Keep Your Ideas
At The Next Big Thing, we help you bulletproof your ideas. We help you slice and dice your ideas to make sure that they have what it takes so you can take them to the next level and then the next level after that. Make no mistake about it. The entrepreneurial path is a lot of fun. You’re going to meet a lot of people, you’re going to battle test a lot of ideas and you’re going to come up with all sorts of innovations, hacks and tweaks.
Along the way, however, you have to have the right equipment. You have to have the right mindset. The Next Big Thing will not only provide you with practical tools that would enable you to make sure that you have an airtight business plan. 50% is not enough. 75% is not enough. Even a 99% solid idea is not enough. You have to be at 100%.
The Right Tools
Unfortunately, if you don’t have the right tools and resources at your disposal, it’s too easy to take the ball and run with it and commit mistake after mistake after mistake. Pretty soon, you find out that you’ve run out of resources, you’ve burned through a lot of time, and your business idea is not any better. We make it our job to help you get the information you need so you, yourself, can determine the strengths of your idea as well as identify the places in your business plan that needs improvement.
Room for improvement
There’s always room for improvement. There’s no such thing as a perfect idea. Regardless of whether we’re talking about Google, Facebook, Amazon or any other successful businesses out there, you can bet that they’ve had weak ideas in the past. You can bet that they had weak initiatives that fell apart after enough stress and pressure.
Since you are putting a lot of time and essentially a lot of your life on your business, we know how important this process is. This is why we are committed to helping you get access to the very best free resources you need to really whip your idea into shape and most importantly, get the right help. Getting the right help in terms of partnerships, strategic hiring and funding is crucial for any startup.
Community of investor
Thankfully, we have been lucky because we have created a community of investors and tried and proven business builders. These individuals have been around the block. They know the ups and downs. They know the challenges as well as the opportunities. We are also blessed by the fact that they will not mince any words. They will tell you straight to your face if your hot idea has room for improvement.
Listening for good ideas
It’s always a good idea to listen to these business veterans because they have your best interests in mind. They want you to whip your idea into shape. They want to see your business go from an idea that you’re just kicking around in your head to something that would benefit people from all over the world. That’s right. They’re looking to help you through their feedback and through their honest assessments of what you’re doing as well as what you’re planning to do to take your concept from something that you wish would be nice to see happen to something that would actually deliver real world value to individual customers all over the globe.
It's not easy
That’s the kind of space we have worked so hard to develop. Believe us, it wasn’t easy. These individuals have a lot of great things going on. They have a lot of balls in the air, but they have taken time out of their very busy schedules to help entrepreneurs like yourself, whether you’re just working on your first startup or you are a veteran of many failed semi-successful or flat-out successful businesses.
We have a lot to offer
The collaborative space that we have set up here at The Next Big Thing has a lot to offer you. Please visit and tell your friends and participate. Contribute to the community by asking questions or giving out your answers. The best thing that you can do is to tell people your experience and this way, people can benefit from it.
No bad stories
There is no such thing as a bad story because every entrepreneurial story has great lessons to teach. Come join us in helping empower entrepreneurs, both within and outside of Canada, take their dreams to their fullest potential.
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