5 Ways to Move from Grounded to Out-of-this-World Business Growth Ideas
Summary: Are you ready to take your business to the next level? Move it from grounded to out-of-this-world? Have some awesome business growth ideas?
If so, it's time to bring some innovative thinking and exploration to the table.
As an entrepreneur, you already know the value of finding the perfect idea to launch your business to new heights.
In this article, I'll show you how to uncover more revolutionary ideas to transform your business growth ideas and create a more powerful impact.
Step 1: Define a Compelling Vision or Problem
As the leader of your business, it's your job to choose which direction your company should go.
- By understanding the problem that your company can solve, you give it life.
- By continuing on to create a future vision, you give it the destination to move toward.
- By giving it a destination to move toward, you give purpose to your work.
- By giving purpose to your work, you are not just spinning your wheels.
- In other words, it's easy to be busy working hard yet have no direction to make your business extraordinary.
One way to define your vision is to imagine your business as "heavenly".
Think about what would bring joy and excitement in your business and in your life. Don't worry if you struggle over the question. For some, it is easy. For others, it takes a while to think about it. But it's important. So, make sure that you take the time to really think about what heaven looks like for you and your business.
The next thing to think about is: What compelling problem do you solve for your ideal client?
A great business or growth idea is only valuable if it addresses a critical issue.
- What issue do you solve for others?
- Why is that important?
- Who is your ideal client that you can solve this problem for?
Once you have the answers to these questions established, you know that you have a compelling business worth investing in, implementing, and growing.
Don't get stuck in an echo chamber.
As you are figuring out your vision and the problem you solve, don't get stuck in an echo chamber where you are the only person talking and listening.
Seek out mentors, friends, and colleagues that you can brainstorm with. They should be able to help you ask the right questions and push you to think deeper, further, and bigger.
With a clear vision and compelling problem, you'll have the direction and motivation to succeed in your business.
Step 2: Generate Grounded Ideas
Step two is easy. It's time to plan out all of the practical and realistic ideas you can think of to move your business forward. Use your creativity and brainstorm the best ways to move your business forward.
As you are working on this, you should focus on generating around 10 to 15 of these easy, practical, grounded ideas.
Don't worry. We'll take it up a notch later on, but for now, grab a notebook, get comfortable with a cup of coffee, and jot down your ideas.
Don't fret about tossing any ideas aside. Just write them down. Even if you don't use all of the ideas now, you can keep a "good idea file." This is perfect for storing all these potential gems.
So go ahead and start brainstorming all of those good, realistic, practical ideas. They will be the starting point for years of business growth and innovation.
Step 3: Expand Your Ideas to the Next Level
Now is the time to think BIG!
Like, 10 times bigger.
Elevate your ideas to unprecedented heights as you imagine what your business could look like if you stretched it to its fullest potential.
Remember that question: What does heaven look like? Think about it in relation to your ideas.
Not the practical today ones, but the ones that make you excited about your business.
Let your imagination run wild with ideas that may not be possible to implement tomorrow but have immense potential.
Take the best 2-3 ideas from your grounded and practical list, and see if they fit into your new heaven-like vision. We want to end up with a picture of heaven that is compelling and worth pursuing. Let's see where your wild ideas will take us.
Step 4: Embrace the "Crazy Talk"
Continuing on from the last step...
Innovation thrives on imagining the unimaginable. So, let's think even more big, more bold, and dare to be called crazy!
We're looking for the wild and outrageous ideas that make people say, "That's crazy!" or "You must be crazy if…". Don't worry; that means you're on the right track.
In our last step, we elevated our grounded ideas to the sky.
Now, it is time to elevate your ideas 100 times bigger than anything before.
"Crazy" Ideas to Consider:
- the global impact
- groundbreaking reinventions
- radical transformations
- the biggest big you can imagine
As you are working on these "Crazy" Ideas:
Be bold and embrace the laughter and skepticism that may arise from unexplored territories where game-changing ideas dwell.
Let your "Crazy" thoughts flow
Write them all down. Push the limits. Own your ideas. Even if it may feel strange.
Trust us! It's worth it.
Step 5: Test Your Idea's Feasibility and Potential
Now, it's time to come back down to earth and look at the practicality of your idea.
This step tests your assumptions to see if your idea is feasible.
Think of it like being a mad scientist conducting an experiment to draw conclusions.
You need to test whether there's a product market fit and whether your idea solves a problem.
You'll also need to look at the business side of things, like the numbers, modeling, investment, and ROI.
The goal is to determine whether your idea is possible, probable, and implementable with the resources you have.
This critical step ensures your next-level ideas align with available resources, market demand, and long-term sustainability.
Once you've gauged the feasibility of your idea and you're getting green lights across the board, it's time to seize the opportunity to bring your idea to reality. You may have landed on the ultimate idea that can take your business to the next level and provide a safe way for growth.
Let's make sure we have a good vision. Make it practical and well thought out. Then, let's move beyond getting stuck in the details and open our minds to new possibilities.
Don't be afraid to indulge in some "crazy talk" occasionally. This is what creates growth and future mindfulness. Just run the numbers and make sure that they are feasible.
Need any help with this? Don't hesitate to contact us! Feel free to DM us, shoot us an email, or find time on my calendar to chat.
Our top priority is to support the growth and profitability of your business without sacrificing your well-being.
Leslie Hassler is a dynamic author, speaker, and business strategist guiding businesses into more profits, cash flow, and success. Business owners come to Leslie seeking a way to strategically scale their businesses richly, stop the money leaks, and get back in control with confidence.
Using her more than 15 years of experience in business, finance, mindset, and more, Leslie takes multiple 6 and 7 figure businesses from cash-strapped and struggling to profitable and thriving with her unique Profitable Growth Incubator program.
Her genius has also been featured on stages around the United States, such as the National Association of Women Business Owners, the Women’s Business Enterprise National Council, and in publications such as Entrepreneur.com.
Leslie is a mother of two high school boys, an avid traveler, a Past President of NAWBO DFW and an alumni of the Goldman Sachs 10K Small Business program.
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