As a new entrepreneur you are likely to have lots of different ideas about your venture and lots of different directions you can go in to develop your business idea further and further. As with most things, don't let your enthusiasm for your idea lead you to try running before you can walk. Even the most experienced entrepreneurs would struggle to make a number of different ideas all successful at the same time. If you persue too many ideas all at once it is most likely they will all fail. You need to learn to focus your enthusiasm on one direction or one idea at a time. Therefore it is important that you write down all of your ideas. A notebook that you use just for your business ideas could be useful. Don't feel that just becasue you can't pursue them at the moment you won't be able to in the future. Writing these ideas down may also enable you to prioritise these ideas and gain an idea of which ones to pursue first.
Now you have all your ideas written down you can use your enthusiasm to your advantage and focus on one idea at a time. Here are some important things to remember about the risks of being over enthusiastic:
- Don't let enthusiasm cloud your judgement and make unwise decisions.
- Don't become a spammer because of enthusiasm. As a new entrepreneur you will want to tell as many people as you can about your venture. However you need to do this in a responsible manner. Trying to sell (particularly on forums) straight away could damage your reputation.
- Don't badger and oversell your idea. Most people can smell a sales pitch from a mile away and switch off as soon as one starts. If your service or product is that good then it will sell itself once you have established it.
- Don't let your enthusiasm spoil relationships with potential customers. Take time to develop a relationship before trying to sell. If you want customers to keep coming back and using your service or product you will need to build a trusting relationship. This can take time but will be worth it. But remember trust is quickly broken and hard to repair.
- Don't let enthusiasm make you inpatient. Success is very rarely instant and almost never happens overnight. Keep your expectations realistic and make your goals achievable. This should help you maintain an efficient level of enthusiasm.
- Enthusiasm could do your image more harm than good if you do not learn to control it.
If you would like to evaluate your ideas in an objective manner and not let your enthusiasm get the better of you when deciding whether you should run with an idea then read my post Entrepreneurs - SWOT that plan! If after this you decide the idea you had thought of is not going to work at present then read my Squidoo lens I Want to be a Entrepreneur to learn techniques for generating new entrepreneur business ideas.
To summarise enthusiasm can be both harmful or beneficial to the aspiring entrepreneur. Among other things being able to nuture and manage your enthusiasm may determine how successful you are on your quest as an aspiring entrepreneur.
Remember this blog has been designed for the aspiring entrepreneur to gather information and to gain hints and tips. It should not be used to make investment or career decisions. Always ensure you seek the appropriate professional advice before making investment or career decisions.
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