Thursday, March 23, 2006

How To Find A Million Dollar Idea.

Last week I posted about how a British unversity student raised one million dollars with his Milliondollar homepage.

Just copying this idea may not be the answer to get another million to someone else.

A common thread among entrepreneurs is that realizing once they had the idea, the real work was just beginning. Having a million dollar idea is only part of the equation for business success.

Entrepreneurs ask what makes one successful? Are you passionate enough? Can you persevere enough to make it happen? It demands a certain determination and willingness to stay focused.

The best advice for those wanting a million dollar idea is to forget about the million dollar idea. The money winning idea is born out of a want for something more than money. The money is the means not the end.

So commit yourself to doing what you are good at and enjoy the process of doing it.

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