Each decade comes with its own crucial timing issues, and as technology accelerates, time frames within which ideas remain relevant continue to shrink. This is what we are looking at when we consider business ventures in 2022: a vastly changing market scrambling to put itself back together after a couple of shattering global events.
This might sound scary for the budding entrepreneur, but it is in these times of crisis that big ideas make the most impact. The world is waiting for your idea right now, they may just be a little cautious to embrace it at first.
Consider, if your idea is costly and its failure could mean your financial ruin, holding onto it for a while. Or, if you can afford to, try a few different ideas in smaller, cheaper ways: gauge audience interest on a topic with a blog or take a few polls on social media to see how people respond to your idea.
Startup success, like the success of any venture, will always have an element of mystery to it. Especially in today’s uncertain world. But this doesn’t mean ideas every day aren’t being turned into financially rewarding business models and successful companies. Hopefully, our 2022 analysis of Bill Gross’s five success factors for startups has given you some direction in navigating your way to your goal.