When entrepreneurs get that “Aha!” moment of a good idea, it becomes oxygen that fuels their desire into making it into reality.

However, you may pause and think, “So what’s next?” It’s like walking into a car dealership and seeing all the parts on the floor. 

In this episode, I’d like to talk about the four steps of the development process and how you’ll take your idea into an actual business.

🎬 How to Develop the Idea into a Business (Entrepreneur Development)

What You Will Discover: 

✔️ Articulate the idea into a vision. Your product or service should have something the world needs. It must hit the mark on what you’re trying to solve. The good idea is what excites you to move, and the vision elevates it.

✔️Translate your vision into a strategy. This also means “knowing the big picture about why you can win.” Learn about how big-name brands like Starbucks and Nike sell common products but with unique strategies that brought them to success.

✔️Create a goal-aligned financial plan. It’s the cornerstone of your business. It’s important to identify the resources you’ll need to purchase, the steps you must take to realize your goals, and how many sales you need to hit them.

✔️ Make an operating plan. You have to know how you’ll put in place the structure to bring your ideas to fruition. This involves people with financing and marketing abilities, metrics to measure your progress, and processes to make everything work.