Six months ago, I had little capital I wanted to use to start a certain business. I did my analysis and saw that it was profitable.
But one thing held me back. I kept figuring who I'm going to employ. I wanted to start it myself but time was a problem. I go to work from 8 am to 4 pm. There was no way I could handle it myself.
This idea remained in my head. I never moved an inch to execute it. Gradually I used the capital for something else.
After three months, someone else established the same business right beside my door. He wasn't the one working, somebody else managed the business and it is doing well.
What lessons am I passing across?
You're not the only one that has that idea in your head. You might think it's only you but give it time, you will see many people executing that same idea you thought nobody knew. That is why you need to act fast.
Ideally, you are supposed to compete with only yourself but technically you still have to compete to stand out. When you don't execute that idea that is in your, you'll lose in the market.
Yes, they have taught us to compete with our past but in reality, we also compete directly or indirectly with others. Whenever you go up, somebody is going down somewhere.
Whenever you execute that idea, you are aligning yourself in the market. When you fail to execute that idea, you will rust. Others who you think you're better than will execute it.
Remember, the purpose of this post isn't to make you compete with anyone but to let you know that if you don't take action, somebody else will.
Take action now!