There are 3 work environments that have impacted my life, since leaving school in 1966.
In each of these 3 environments there were additional voluntary focus areas that I served;
work; in the 3 areas above
volunteering; in youth organisation; youth clubs; sport; young engineers; Rotary
philanthropy; giving of time; skills – expertise; money; transport
charitable giving; of time; skills; money; transport; products
social enterprise; for local community based projects
leadership; as a Principal Teacher; our Rotary District Governor; as a District Rotary Foundation Chair;
creativity; in ‘idea generation’; a ‘what if?’ thinker
service; above self; for…
family; friends; and fellow Rotarians.
In each of the focus areas, I was able to spot potential ‘entrepreneurial’ opportunities, these helped to build my list of ‘The Golden 50’ ideas. That is, ideas for potential projects or services, that could be explored and perhaps eventually taken to market, if they were found to be viable.
I take the list of ’50 ideas’; which can be either, a unique project; or an associated link with a particular project. An example which I use would be the idea that started when I was looking at ‘big data’ information; based on births; deaths; and population. The ‘Births’ data – generated a number of ideas linked to the early year’s growth of the child. Whereas, the ‘deaths’ data – generated a specific project, that built on collaboration, between related business opportunities.
I regularly explore the list and select ’10 ideas’ to consider further, this allows an insight into potential markets and possible outcomes; that is, what is currently in society to address the issue and how effective is it, if there is something, if there is nothing out there – then question yourself – ‘why not?’, This may save a lot of wasted thought on an idea that is not required. Often though, there is the spark that generates ‘why did I not think of that before?’
From the information gathered on these 10 ideas – I ‘select 3’ to explore to a ‘MVP’ level; this step enables a deeper understanding of the factors that influence design; address markets; examine routes to market; and appropriate costs – both related and required for development.
Once the MVP data is in front of you, then ‘1’ genuine potential product or service will show, the journey then begins, to build the product / service and set up the routes to market; determining if investment is required from other agencies, to make it a reality.
I plan to do a series on the ‘golden 50’ later; let me know if you wish to be involved. This will require your participation to enable you to start to build your own ‘golden 50’ ideas, so that you can use your skills and expertise; as well as your network of contacts, that may determine your own direction, for a viable successful project.
Once you have selected the ‘1’ project to consider taking to market, as your development work continues, you can go back to the remaining 49 ideas, add in a new one from your reserves and start the process again. The result will be a number of projects at various levels of development, providing you with sufficient work each day.
Take care and stay safe.