Do you Need a Game-Changing Business Idea?

Do you need a good idea to start a business? Alan explains why your passion and drive, no matter what your business idea, is your most important tool.

Note: This transcription has been generated with AI and there may be errors present. 

 

Do you need a good idea to start a business? Do you actually need a game changing idea something that will shock people something that disrupts the market? Do you need a game changing idea? No. I’ve seen so many businesses that are taking an existing idea and just doing it a little bit better, a little bit faster, a little bit quicker, a little bit cheaper. And they are being incredibly successful. It is not about the idea. It is about how you differentiate and how you execute. So what I mean by that differentiation is how are you different from what is already out there? How can you position your business against existing ones? So if you are a dentist, how do you do dentistry different? If you are a dog walker? How are you different from all the other dog walkers? If your business education, how are you different from all the other business education out there? It’s not the quality of the idea. It’s how you explain how you’re different to get better results. If you can do that, and then execute, actually make it happen. When clients build businesses take cash, if you can execute on this stuff. You’ll make massive progress. It’s not the quality of the idea that matters. It’s the differentiation and the execution.