7 reasons your great idea is going nowhere...
Karen Frith
Fractional First: Deliver Impact, Not Hours. Transforming expertise into opportunities that drive success – for consultants and clients. Bestselling Author 'So You Want to be a Fractional Consultant'
How the best contractors and consultants in the UK are not letting anything get in their way!
1. Lack of resources:
When a group of ambitious experts come together their diverse skills, clever use of AI, and willingness to commit time can solve anything.
2. Poor execution:?
A good idea is only as strong as its implementation... they have a great PM on the team.
3. Market conditions:?
There's a healthy challenge from the group, sometimes the market just isn't ready for your brilliant idea.
Let's move onto the next one!
4. Marketing and Promotion:
If no one knows about the idea, it isn't going to get far!
They have access to GTM specialists, funnel builders, setters and closers.
5. Lack of a clear value proposition:?
Many ideas stay stuck because the originator can't explain the benefits and advantages, or turn those into a value creation strategy.
The challenge is real in this group!
6. Inability to scale:
Some good ideas may work well on a small scale but struggle to be scaled up - you don't want your first prospect to be the one to tell you this.
Sustainable growth is one of the first tests we apply.
7. Competition:
90% of the ideas pitched have already been thought of by McKinsey, Bain, EY, etc.
So what makes your idea so good?
Getting anything new past the ideation stage is tough, and doing it on your own will lead to a world of pain... for what?
Remember, 50% of something is better than 100% of nothing!