Diamond Effect - Strategies to Scale Your Service Business as a Sellable Asset

MM 224 - From Ideas to Action - How to Prioritize What Actually Matters

Maggie Perotin

Send us a text

Entrepreneurs never lack ideas. The challenge? Actually implementing them.

If you're busy running your business day-to-day and struggling to turn your brilliant ideas into action, today's Maggie's Moment is for you.

I'm sharing three simple questions that will help you prioritize which ideas to implement first - and the one critical step that ensures they actually happen.

Stop collecting ideas. Start implementing the right ones.

 Entrepreneurs are creative, passionate, mission-driven, and if you're anything like my clients, you never lack ideas for growing your business. The real challenge is actually in implementing them. Because you're busy running your business day to day, and every time you sit down to execute an idea, three more pop up into your head; or you get distracted by an emergency coming up.

Sounds familiar. So here are three questions that will help you prioritize your ideas. And actually implement them.

Question one. Does this idea align with my long-term goals? If it doesn't move you closer to where you actually wanna go, it is a distraction, no matter how exciting it feels or how profitable it might be.

Question two, what resources will this take to implement? Think about the energy, effort, time, and money you'll need to implement this idea. And be realistic. What it will actually cost you and is it worth it?

Now that you took that into consideration. Question number three, what's the impact relative to the effort?

Start with the ideas that are easiest to implement, and also will have the biggest impact on your business. Quick wins, build momentum.

And once you've prioritized your ideas using these three questions, now here's the most important part. Put the actions to implement the ideas onto your calendar.

Implementation is never urgent. The time will never just find itself. You actually have to create it. So block the time, protect it, and do the work.

Your ideas are only as valuable as your ability to execute them. Happy monday.