F.T.I.: Your Million-Dollar Nemesis

It has often been said that everyone at one point in time in their life has at least one million-dollar idea. So if that’s true, then why aren’t we all millionaires? The answer is a little (but important) acronym that I guarantee you’ve faced down and lost the battle to at least once before: F.T.I.

What is F.T.I.? It’s a business acronym that stands for (F)ailure (T)o (I)mplement. We all have good ideas. Some correspond to our everyday lives while others are focused on our businesses. Whatever these ideas, the greatest disservice one can do to oneself – or one’s business – it to leave those great ideas to languish in a void of purgation.

So how does this avoidance policy work? It’s as simple as capturing the idea, developing a time frame around it, and then following through with that roll out time frame via development of the idea to a point where it fits comfortably within your day-to-day life, or business, model.

Sounds simple, doesn’t it? Well – it is, and it isn’t. The problem is – usually – taking the time to decide if this is an idea that needs to be implemented now, in the near future, in the distant future, or when time permits. Once that’s been decided, it’s a good idea to develop a reminder system for yourself, be they sticky notes on your refrigerator or the use of Outlook to keep hounding you: whatever works for you. The point is that you don’t want to forget these ideas because, often, when you remember them, it’s because something negative has happened and you recall how you once considered a solution to that situation.

So don’t fall into the F.T.I. trap! Document, remind, develop, timeline, streamline, and – most importantly – implement your way to success, one idea at a time.

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~ by digitalninjasmedia on December 14, 2011.

 
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