Are you an Opportunity Addict?

[TheRainmaker]

1) if you find yourself saying yes without thinking about how it will affect your other priorities

2) you have over 10 projects/inventions going on at the same time and this seems normal to you

3) you have spent hundreds and thousands of dollars on manufacturing, prototypes, etc. not to mention thousands of hours of your time....but you havent followed through on any of it

4) most of your projects are falling behind or have completely fallen off your radar....which is fueling your frustration


The first step in recovery is to recognize this as a pattern of self sabotage. If you are clear in what your overall goals and objectives are, you should be able to create a lens through which you measure opportunities.

You create your life, and your to do list. Change, Add, Remove, Adjust time-lines - whatever you like. But remember that every piece of unfinished business - stays that way

J

[Kevin Lee]

1) if you find yourself saying yes without thinking about how it will affect your other priorities

I would say that I'm guilty of point no. 1, especially when it comes to shopping for deals on eBay, haha

Sometimes I'll buy a rare or really cheap tennis racquet without having an immediate buyer ready to take the inventory off my hand.

[TheRainmaker]

;0) At least you know you buy and sell on eBay and there WILL be a buyer at some point.

I have a client who started collected stuff 15 years ago to one day start selling it..through flea markets etc.

He is now starting to feel like one of Oprah's hording guests!

I have set him up with my decluttering associate and hopefully he'll weed out the projects and stuff that no longer serves him.

;0)

[Kevin Lee]

;0) At least you know you buy and sell on eBay and there WILL be a buyer at some point.

I have a client who started collected stuff 15 years ago to one day start selling it..through flea markets etc.

He is now starting to feel like one of Oprah's hording guests!

I have set him up with my decluttering associate and hopefully he'll weed out the projects and stuff that no longer serves him.

;0)

Hi Jude,

Well did your client begin his collection because those items were well priced at the time?

And are you trying to encourage him to sell it now because those goods are currently high in demand?

[TheRainmaker]

No and no.

He started collecting them because he thought 'in a few years' I might want to open up that kind of business.

We are currently reviewing his long term business plan and realizing that this 'hobby' stuff isnt really in-line with his bigger goals.
Now he is going through and getting rid of stuff....because its one of a few sections of his house that he had cornered off to tackle, 'sometime later in this life'.

J

[OmnivoreInk]

No and no.

He started collecting them because he thought 'in a few years' I might want to open up that kind of business.

We are currently reviewing his long term business plan and realizing that this 'hobby' stuff isnt really in-line with his bigger goals.
Now he is going through and getting rid of stuff....because its one of a few sections of his house that he had cornered off to tackle, 'sometime later in this life'.

J

How's the process going? Is he able to let things go, or is he insisting he hold on to stuff? Is he making a fortune getting rid of the stuff on Ebay?

[Kevin Lee]

1) if you find yourself saying yes without thinking about how it will affect your other priorities

2) you have over 10 projects/inventions going on at the same time and this seems normal to you

3) you have spent hundreds and thousands of dollars on manufacturing, prototypes, etc. not to mention thousands of hours of your time....but you havent followed through on any of it

4) most of your projects are falling behind or have completely fallen off your radar....which is fueling your frustration


The first step in recovery is to recognize this as a pattern of self sabotage. If you are clear in what your overall goals and objectives are, you should be able to create a lens through which you measure opportunities.

You create your life, and your to do list. Change, Add, Remove, Adjust time-lines - whatever you like. But remember that every piece of unfinished business - stays that way

J

Hi Jude,

In life there are so many great things to do and experience, but often so little time...

Therefore, to lead a more fulfilling life, is it better to try something new or to put all of your efforts into something you're already passionate about and become an expert in it?

[LoveInventions]

2) you have over 10 projects/inventions going on at the same time and this seems normal to you

I know a lot of inventors like this, their great at coming up with ideas but rubbish at actually creating them. It’s sad because they have some great ideas but they jump around from idea to idea.

Someone said something recently that I thought was very good, I can’t remember the exact quote so I’m just going to have to paraphrase.

Successful inventors are the people who have one or two o.k. ideas in their life time but they execute them and make millions from them. Unsuccessful inventors are those that have 100 GREAT ideas daily but spend all their time coming up with ideas.

[Kevin Lee]

Successful inventors are the people who have one or two o.k. ideas in their life time but they execute them and make millions from them. Unsuccessful inventors are those that have 100 GREAT ideas daily but spend all their time coming up with ideas.

Hi LoveInventions,

So how do you or those successful inventors that you know decide on which "one or two o.k. ideas" to pursue?

[LoveInventions]

Most of the time it’s not the idea the people I know go after. It’s the market and the competition. They normally look for markets that are big and have no or poor competition. Something that whatever they create is going to be the best at what it does, if that makes sense.

That makes it sound like it’s so simple, but it’s not, identifying such a market can take a long time.

I think so many people put all their time into creating their product but never even do the research to see if it’s viable, it’s such a silly mistake because you can save yourself a lot of time and money by just doing the research.

[Kevin Lee]

Most of the time it’s not the idea the people I know go after. It’s the market and the competition. They normally look for markets that are big and have no or poor competition. Something that whatever they create is going to be the best at what it does, if that makes sense.

That makes it sound like it’s so simple, but it’s not, identifying such a market can take a long time.

I think so many people put all their time into creating their product but never even do the research to see if it’s viable, it’s such a silly mistake because you can save yourself a lot of time and money by just doing the research.

It would sound as if it's just about pursuing the opportunity with the highest return on investment. Where does one's own passion fit into this equation? Would you still advise someone to start a business where the market was big with little or no competition even if the person wasn't interested in that industry?

[LoveInventions]

I think it really depends on the person and their skill set.

I’m one of those people who have to do something they enjoy, if not I get easily distracted and bored. I lot of the people I know are a lot more patient and get enjoyment out of creating a product and getting it on the market, that’s what they enjoy, so what the product is doesn’t matter to them so much.

I definitely think it’s possible to create a product within a passion someone has.

I think it all depends on what you want your outcome to be. If you’re looking to make good money I think you have to be willing to look outside your hobbies.

How about you, what’s your opinion on the matter?

[Kevin Lee]

I definitely think it’s possible to create a product within a passion someone has.

I think it all depends on what you want your outcome to be. If you’re looking to make good money I think you have to be willing to look outside your hobbies.

How about you, what’s your opinion on the matter?

Hi LoveInventions,

Most of the people I know don't care what they do for a living because they only see it as a means to financially support their true passions or goals (e.g. traveling).

Personally, I'm one of those guys who has to do something I like.

In a previous post, I mentioned that being a Leo, astrologer Patty Greenall says "whichever career Leos choose, it must be something at which they can be admired and applauded for their efforts, as if on a stage. This is what fuels their zealous approach to making a living. Whatever they do, they need to find it enjoyable as there is nothing more soul-destroying for Leos than to occupy themselves with something they dislike. Experimenting is one thing, but being stuck in a dead-end job is quite another...they need to be building, creating, and working toward some goal that feeds their internal fire-their passion" ("Leo" 19).
http://www.evancarmichael.com/Forums/vi ... .php?t=900

[LoveInventions]

soul-destroying

I can identify with those two words.

They way I look at it, why spend the best years of your life “working”, doing something you don’t enjoy.

Why not find a way to make a livening from a passion you have so that “work” doesn’t become something you hate or have to do but more an extension of your everyday life.