If you have more ideas than you have time to develop... - GoFuckYourself.com

Dagwolf · 11-11-2004, 04:07 PM

What do you do?

Hire someone?

Make a note for later?

Forget about them eventually because you're too busy?

Jace · 11-11-2004, 04:09 PM

start a little bit of each thing and come back to it later

SmutGiant · 11-11-2004, 04:12 PM

Quote:

Originally posted by JaceXXX
start a little bit of each thing and come back to it later

that hasn't seemed to work for me for a few years now.. lol

Mike Okitch · 11-11-2004, 05:10 PM

I have a dozen Vietnamese slaves that I rescued from a Nike factory a few miles outside Ho Chi Minh city. I tucked them in a closet and pull them out whenever I need something done.

KRL · 11-11-2004, 05:17 PM

Sort and rank them by potential.

Select the ideas that have the most potential for success and profits with the lowest amount of risk and time. It's a definite balancing act, but eventually you get a good instant gut feeling what is going to work or not work easily.

What you don't want to do is get bogged down developing ideas with too much risk, or requiring too much of your time and energy.

Then eventually you have to accept that not every idea you have will ever be done.
There really is not enough time to do everything if you are an ideas man.

The other thing I do that has worked well is to bring in partners. I usually will take 20% to 30% of every deal and bring in both active and passive partners.

This enables you to spread your financial risks, have lots of additional brainpower and partners to delegate tasks to, have stronger networking to get everything connected for your project, and have backup if for some reason you can't be there to manage or perform tasks.

So instead of trying to do 10 projects yourself, get partners on all of them. Eventually you'll build up a strong, diligent and reliable group of people on your teams.

You can also make employees partners as rewards for previous great work. Give them equity participation in your deals. They'll appreciate being rewarded and will work twice as hard if they have ownership.

clubgames · 11-11-2004, 05:21 PM

Quote:

Originally posted by KRL

The other thing I do that has worked well is to bring in partners. I usually will take 20% to 30% of every deal and bring in both active and passive partners.

Best advice I've ever read on this board.

BoNgHiTtA · 11-11-2004, 05:23 PM

Yeah for real KRL just spelled it out properly. Great advice.

Gottis · 11-11-2004, 05:31 PM

Good advice KRL

Bad advice JaceXXX

KRL · 11-11-2004, 05:34 PM

Just strive to make sure your team partners:

Are diligent and will go the extra mile.

Have integrity and the type you would trust holding your wallet if need be.

Are creative, bright, and innovative.

Have solid stable easy going personalities. The kind that work well on a team and aren't confrontational, edgy, moody, etc. This is where a lot of teams fall apart if you don't get this right from the get go.

That aren't greedy and just looking out for themselves. You want partners that are team players, looking out for the team to win and accomplish the project objective not just themselves.

The type that will be there for you no matter what. The kind you can call at midnight and say I need you here now we have a crisis to handle, and they'll respond I'll be there in 5 minutes without hesitation.

You want to avoid partners that are cancerous and negative. One bad apple will demolish the spirit of your entire team. You need to master the art of knowing everything that is going on and be able to quickly spot the troublemakers negging out everyone else cause they don't get it or are dropping the ball and want company.
Get the losers and ball droppers out of there fast without hesitation.

You want people on your team that have big roledexs filled with contacts. Networking is crucial. You want to be in a meeting and know that out of 10 people someone will have a contact for the person you need for something.

You want partners that have a good sense of humor, that are fair and considerate of others, that can laugh in the face of challenges and adversity, not frown and quit.

Most of all you want achievers who will live and breath the venture. Mountain climbers that love obstacles so they can find ways around them and get to the goal despite all the things that don't go as planned or stand in the way of the mission. Achievers who will not quit no matter what. Invicible personalites with no fear in their hearts and mind.

When you build people like this on your teams you are unstoppable and can accomplish anything, and you'll find yourself having lots of successful ventures.

detoxed · 11-11-2004, 05:40 PM

Its impossible to do every idea you have... concentrate on a few things. If it was possible to do everything Wal-Mart and Microsoft would own everything in sight.

Dcat · 11-11-2004, 05:41 PM

Quote:

Originally posted by KRL
Sort and rank them by potential.

Select the ideas that have the most potential for success and profits with the lowest amount of risk and time. It's a definite balancing act, but eventually you get a good instant gut feeling what is going to work or not work easily.

What you don't want to do is get bogged down developing ideas with too much risk, or requiring too much of your time and energy.

Then eventually you have to accept that not every idea you have will ever be done.
There really is not enough time to do everything if you are an ideas man.

The other thing I do that has worked well is to bring in partners. I usually will take 20% to 30% of every deal and bring in both active and passive partners.

This enables you to spread your financial risks, have lots of additional brainpower and partners to delegate tasks to, have stronger networking to get everything connected for your project, and have backup if for some reason you can't be there to manage or perform tasks.

So instead of trying to do 10 projects yourself, get partners on all of them. Eventually you'll build up a strong, diligent and reliable group of people on your teams.

You can also make employees partners as rewards for previous great work. Give them equity participation in your deals. They'll appreciate being rewarded and will work twice as hard if they have ownership.

Damn KRL, you always amaze me with your insights. Yet another KRL post to print out, and add to my success binder.

Thanks.

KRL · 11-11-2004, 05:47 PM

Quote:

Originally posted by Dcat
Damn KRL, you always amaze me with your insights. Yet another KRL post to print out, and add to my success binder.

Thanks.

You're welcome. I've been through a lot of experiences since I started my entrepreuring 20 years ago. Ups, downs, sideways, big hits, little hits, bombs and everything else and learned a lot from mentors I found and got great info from, and from my own experiences, and from all the studying and research I've done.

So its great to share my knowledge, insights and experience with all the young people here.

Saves you a lot of time and mistakes when you get some guidance and advise from guys who have been through the trenches of business already and survived.

Dcat · 11-11-2004, 06:26 PM

Quote:

Originally posted by KRL
You're welcome. I've been through a lot of experiences since I started my entrepreuring 20 years ago. Ups, downs, sideways, big hits, little hits, bombs and everything else and learned a lot from mentors I found and got great info from, and from my own experiences, and from all the studying and research I've done.

So its great to share my knowledge, insights and experience with all the young people here.

Saves you a lot of time and mistakes when you get some guidance and advise from guys who have been through the trenches of business already and survived.

Well, this may sound cheesy, but I am truly a student of yours. You have taught me sooo much in such a short time. The insights and wizdom I glean from your posts are pricessless to me. It's nice to "see" some of the landmines in business before you hit them. You have certainly caused me to avoid a few, and for that, I am grateful. Thanks again for all you give to us!

Dcat · 11-11-2004, 06:47 PM

haha .. did I spell wisdom with a "z"? I must have been thinking of my Koala Bear pet stuffy (it's symbolic) that I was given, that I named "Wizdom." Ooops!

KRL · 11-11-2004, 06:47 PM

Quote:

Originally posted by Dcat
Well, this may sound cheesy, but I am truly a student of yours. You have taught me sooo much in such a short time. The insights and wizdom I glean from your posts are pricessless to me. It's nice to "see" some of the landmines in business before you hit them. You have certainly caused me to avoid a few, and for that, I am grateful. Thanks again for all you give to us!

Awesome Dcat!

FlyingIguana · 11-11-2004, 06:49 PM

hire mexicans

KRL · 11-11-2004, 07:01 PM

Quote:

Originally posted by FlyingIguana
hire mexicans

Lots of people joke about Mexicans, but I'll tell you out of my personal experience from the apparel manufacturing business I was in for many years, they are the most loyal, diligent and hard working employees I've ever dealt with.

I have nothing but good things to say about them.

pxxx · 11-11-2004, 07:05 PM

Quote:

Originally posted by KRL
Sort and rank them by potential.

Select the ideas that have the most potential for success and profits with the lowest amount of risk and time. It's a definite balancing act, but eventually you get a good instant gut feeling what is going to work or not work easily.

What you don't want to do is get bogged down developing ideas with too much risk, or requiring too much of your time and energy.

Then eventually you have to accept that not every idea you have will ever be done.
There really is not enough time to do everything if you are an ideas man.

The other thing I do that has worked well is to bring in partners. I usually will take 20% to 30% of every deal and bring in both active and passive partners.

This enables you to spread your financial risks, have lots of additional brainpower and partners to delegate tasks to, have stronger networking to get everything connected for your project, and have backup if for some reason you can't be there to manage or perform tasks.

So instead of trying to do 10 projects yourself, get partners on all of them. Eventually you'll build up a strong, diligent and reliable group of people on your teams.

You can also make employees partners as rewards for previous great work. Give them equity participation in your deals. They'll appreciate being rewarded and will work twice as hard if they have ownership.

Wow, i didn't think this kind of advice still existed here. Great info KRL.

Dagwolf · 11-12-2004, 01:21 AM

Thanks, KRL!

I appreciate your taking the time to post such a detailed and sincere reply.

I've got way too many pots on the fire right now... and some are just too good to let go. I'll be on the lookout for possible partnerships for some of them.

Doctor Dre · 11-12-2004, 01:27 AM

Forget about them eventually because you're too busy?

xclusive · 11-12-2004, 01:32 AM

Great advice KRL it's refreshing to see stuff like this on this board again...

BoNgHiTtA · 11-12-2004, 01:36 AM

Quote:

Originally posted by Dcat
Well, this may sound cheesy, but I am truly a student of yours. You have taught me sooo much in such a short time. The insights and wizdom I glean from your posts are pricessless to me. It's nice to "see" some of the landmines in business before you hit them. You have certainly caused me to avoid a few, and for that, I am grateful. Thanks again for all you give to us!

KRL has some great suggestions, but damn get your tongue out of his ass

Dagwolf · 11-12-2004, 01:38 AM

Quote:

Originally posted by BoNgHiTtA
KRL has some great suggestions, but damn get your tongue out of his ass

11-11-2004, 04:07 PM	#1
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	If you have more ideas than you have time to develop... What do you do? Hire someone? Make a note for later? Forget about them eventually because you're too busy? __________________ Sleep well, and dream of large women.

11-11-2004, 05:10 PM	#4
Mike Okitch Confirmed User Join Date: May 2004 Location: Guantanamo Bay, Cuba Posts: 4,126	I have a dozen Vietnamese slaves that I rescued from a Nike factory a few miles outside Ho Chi Minh city. I tucked them in a closet and pull them out whenever I need something done. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

11-11-2004, 05:17 PM	#5
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Sort and rank them by potential. Select the ideas that have the most potential for success and profits with the lowest amount of risk and time. It's a definite balancing act, but eventually you get a good instant gut feeling what is going to work or not work easily. What you don't want to do is get bogged down developing ideas with too much risk, or requiring too much of your time and energy. Then eventually you have to accept that not every idea you have will ever be done. There really is not enough time to do everything if you are an ideas man. The other thing I do that has worked well is to bring in partners. I usually will take 20% to 30% of every deal and bring in both active and passive partners. This enables you to spread your financial risks, have lots of additional brainpower and partners to delegate tasks to, have stronger networking to get everything connected for your project, and have backup if for some reason you can't be there to manage or perform tasks. So instead of trying to do 10 projects yourself, get partners on all of them. Eventually you'll build up a strong, diligent and reliable group of people on your teams. You can also make employees partners as rewards for previous great work. Give them equity participation in your deals. They'll appreciate being rewarded and will work twice as hard if they have ownership. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains Last edited by KRL; 11-11-2004 at 05:18 PM..

11-11-2004, 05:23 PM	#7
BoNgHiTtA Confirmed User Join Date: May 2003 Location: Seattle Posts: 2,176	Yeah for real KRL just spelled it out properly. Great advice. __________________ Wanna see how Adult Site Traffic Scammed me? Click Here:

11-11-2004, 05:34 PM	#9
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Just strive to make sure your team partners: Are diligent and will go the extra mile. Have integrity and the type you would trust holding your wallet if need be. Are creative, bright, and innovative. Have solid stable easy going personalities. The kind that work well on a team and aren't confrontational, edgy, moody, etc. This is where a lot of teams fall apart if you don't get this right from the get go. That aren't greedy and just looking out for themselves. You want partners that are team players, looking out for the team to win and accomplish the project objective not just themselves. The type that will be there for you no matter what. The kind you can call at midnight and say I need you here now we have a crisis to handle, and they'll respond I'll be there in 5 minutes without hesitation. You want to avoid partners that are cancerous and negative. One bad apple will demolish the spirit of your entire team. You need to master the art of knowing everything that is going on and be able to quickly spot the troublemakers negging out everyone else cause they don't get it or are dropping the ball and want company. Get the losers and ball droppers out of there fast without hesitation. You want people on your team that have big roledexs filled with contacts. Networking is crucial. You want to be in a meeting and know that out of 10 people someone will have a contact for the person you need for something. You want partners that have a good sense of humor, that are fair and considerate of others, that can laugh in the face of challenges and adversity, not frown and quit. Most of all you want achievers who will live and breath the venture. Mountain climbers that love obstacles so they can find ways around them and get to the goal despite all the things that don't go as planned or stand in the way of the mission. Achievers who will not quit no matter what. Invicible personalites with no fear in their hearts and mind. When you build people like this on your teams you are unstoppable and can accomplish anything, and you'll find yourself having lots of successful ventures. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

11-11-2004, 04:09 PM	#2
Jace FBOP Class Of 2013 Industry Role: Join Date: Jan 2004 Location: bumfuck, ky Posts: 35,562	start a little bit of each thing and come back to it later

11-11-2004, 05:31 PM	#8
Gottis Confirmed User Join Date: May 2004 Location: VIP NO ID Posts: 1,746	Good advice KRL Bad advice JaceXXX

11-11-2004, 05:40 PM	#10
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Its impossible to do every idea you have... concentrate on a few things. If it was possible to do everything Wal-Mart and Microsoft would own everything in sight.

11-11-2004, 06:47 PM	#14
Dcat Confirmed User Industry Role: Join Date: Aug 2003 Location: Mexico Posts: 1,607	haha .. did I spell wisdom with a "z"? I must have been thinking of my Koala Bear pet stuffy (it's symbolic) that I was given, that I named "Wizdom." Ooops! Last edited by Dcat; 11-11-2004 at 06:49 PM..

11-11-2004, 06:49 PM	#16
FlyingIguana aspiring banker Join Date: Mar 2002 Location: toronto Posts: 10,870	hire mexicans

11-12-2004, 01:21 AM	#19
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	Thanks, KRL! I appreciate your taking the time to post such a detailed and sincere reply. I've got way too many pots on the fire right now... and some are just too good to let go. I'll be on the lookout for possible partnerships for some of them. __________________ Sleep well, and dream of large women.

11-12-2004, 01:32 AM	#21
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	Great advice KRL it's refreshing to see stuff like this on this board again... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /