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  1. #1
    glocki is offline Junior Member
    Join Date
    May 2011
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    So many idea polluting my mind, I need to execute, insight appreciated!

    Greetings All,

    I am new here and desire clarification on the name of this sight? Is this literally for youngsters? Conversely, is the "young" title merely a synnonom for novice entre? I have been self-employed for several years as a vehicle dealer/broker. Starting to recognize that my well-funded competition is essentially eating me alive. I attempted to invoke interest in a line of credit of 50k for inventory, but was denied because of economy, blah blah blah.
    It has been a serious blessing to operate in the dealer-scene because I have derived multitudes of inefficiencies in dealer enterprise. I have 3 very viable business concepts, which with the election of talented individuals could really thrive. One of them, that is on the backburner is supplemented with a 30 page comprehensive business plan.
    I am bonded by analysis; of the three I cannot choose one to execute. They simaltaneously entertain me, and effectively slow me down. How can I dismiss this ADHD and just focus on one without feeling negligent towards the remainder? My business instructors in college always warned of this situation, not to let "ideas" inhibit the drive to execute. I am just day-dreaming lately and want to begin with a plan. Any successful methods out there other than Ritalin? Thanks in advance for insights into this matter.

  2. #2
    Milkerz is offline Senior Member
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    Jan 2011
    Location
    Tamworth, UK
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    130
    I think the term 'young entrepreneur' usually includes people up the age of 25, but on this website I think there are many people of all ages just helping and asking for advice in certain business areas.

    As for the problem of having many ideas - I am exactly the same. Have a look at risk analysis - which one looks like it will have the greatest reward:risk ratio?

    Luke
    Follow my Twitter: @LR_Jordan

    Read my blog: www.lukesroadtobusiness.blogspot.com

    Need work doing in the home improvement market? Or are you a tradesperson? Check out www.manyquotes.co.uk - The Directory With a Difference

  3. #3
    yvetteB is offline Junior Member
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    May 2011
    Location
    Los Angeles, California, USA
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    10
    Good you have lots of ideas. It only means that you have your inspiration. But, you really have problems with this. You have to take risk and look for the great idea you have.

  4. #4
    AlexSno's Avatar
    AlexSno is offline Member
    Join Date
    Feb 2011
    Posts
    80
    It's not limit when ready to start a business.
    The 1st business i had, although small it was at the age of 17 and it involved making some publicity for a website.
    The one thing that i did was to take this position and made another 2 people make it for me; paid them and manage to get some money for myself

  5. #5
    nmsptyltd is offline Junior Member
    Join Date
    Apr 2011
    Posts
    19
    There is no age-limit set for this forum so I guess the word 'young' in young entrepreneurs doesn't refer to the ages of the members.

    As for your ideas, you are blessed to have great ideas in mind. You just have to weigh which is better and beneficial for you and your objectives. Set a goal. Aim for that goal and direct your ideas in achieving that goal.

  6. #6
    aapkae is offline Banned
    Join Date
    May 2011
    Posts
    41
    As for the problem of having many ideas - I am exactly the same.

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