Top Seven Excuses That Can Kill Your Idea Before You Start

By Lira 17th Dec, 2019

You have had some great ideas, but every time you managed to convince yourself it wouldn’t be possible to transform them into reality. The truth is, it’s easy to come up with excuses that kill your idea before you even start. We hear you, fellow entrepreneur! Our mission is to eliminate these roadblocks and get your idea off the ground.

“Whether you think you can or whether you think you can’t, you’re right.” – Henry Ford

Top Seven Excuses That Can Kill Your Idea

To get from idea to reality, you begin with a belief that your idea is going to make a difference and that you CAN make it come to life. Is your self-talk full of excuses right now?

What we say to ourselves is critical. What excuses are you letting hold you back?

“If you change your belief system, you have the potential to change your life.” – Mike Corradini

After working with hundreds of partners, we have come up with these top seven excuses that people tell themselves that hold them back from making their dreams a reality.

Excuse #7. “I can’t do this because I don’t know how.”

When was the last time you saw somebody accept an award and not thank other people? Anybody who’s ever been triumphant has had a great team behind them – and this is why having a strategic partner can be all the difference in the world. If you are new at something and have no experience, find someone who has the experience you lack.

Excuse #6. “My idea has already been done.”

If the founders of Google and Apple had told themselves that, we would be still using Mozilla search engine and Nokia cell phones. The fact that something has already been done means there is a need for it and by using focus groups, end-user research and surveys, you can pivot the existing solution and improve it.

Excuse #5. “People say you can’t do this.”

New ideas make us enthusiastic. Then we talk to other people and we get different opinions. Opinions are fine, but an opinion is not the same thing as advice. In fact, most people talk from their own experience and belief systems and often can’t see past what they know already exists. You can either listen to those statements or follow your dreams.

“There needs to be a craziness factor to your new entrepreneurial venture, or it’s not innovative enough.” – Mike Corradini

Excuse #4. “I just need a patent, not a business.”

One of the biggest misconceptions that we see is that people think having a patent is enough to start making a profit. Most people that focus just on a patent don’t believe they can run a business. It is not just about getting a patent – it’s about building a business solution. Be sure to read MYTHS BUSTED: How to Patent an Idea and Confidentiality – Three Ways to Protect Entrepreneurial Creations as both go into depth about the right way to get a patent.

Excuse #3. “Starting a new business is too risky.”

Risk is an inherent part of life and the more risks we take, the more chances we have to win. Playing it safe will get us nowhere because the biggest risk we can take in life is not taking one.

Excuse #2. “Someone else will make me successful.”

People come to IdeaPros and expect us to make them successful. We can’t do that. Nobody can make you successful, but YOU. If you think someone else will make you successful, entrepreneurship is not for you. We can build the formula one race car for you, but you will have to drive it.

Excuse #1. “What if I lose my investment?”

Investing in yourself is the best investment you could ever make. But if you’re not willing to invest in yourself, you will get what someone else thinks you’re worth in life. Most people will invest in a stock or a mutual fund, but they won’t invest in their own business where they have more control over the outcome.

“You can bet on somebody else to manage and grow your money. Or you can bet on yourself.” – Mike Corradini

What Do We Look For in a Partner?

If by now you’ve decided to stop making excuses, let us share what we look for in a partner. There are three main categories that we focus on:

  1. The right project.

IdeaPros is not looking for an uphill battle. The project can have rough edges, but it needs to make sense.

      2. The right partner.

Although it is possible to pivot projects, products, and apps, it is not so easy to pivot people and life is too short to work with difficult people. We are looking for someone who is motivated and open-minded.

      3.Skin in the game.

We are looking for someone who is willing to help with the hard costs. Launching a project takes money – luckily we can help reduce not only the amount of money but the amount of time you will spend as well. We’ve had partners who brought investors on their behalf to the table. So, if money is your perceived hurdle, don’t let that hold you back. Lack of resources is really just a lack of being resourceful.

The “Idea Pros” at IdeaPros have the resources, experience, and tools to help you at this step or any step in the entrepreneurial journey. 

We partner with entrepreneurs at any stage and who are ready to invest their idea. Apply for an interview and let’s explore partnering together.

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