Your idea is not about you

One of the hardest things to do when you’re trying out an idea for a new venture is to separate your own feelings from the data.

After all, you probably came up with the idea because you thought it was great – perhaps even the greatest since sliced bread. And now you’re bringing it doubt and jeopardy by subjecting it to some sort of validation in the actual real world.

Frightening.

But fear not. Because chances are that not everything is wasted.

Your idea might still be great. But the present application of it is not the optimal one. Wouldn’t it then be rather nice to get that insight through data, so you can change the application and move towards the iteration that gives both you and your future customers most ‘bang for the buck’?

Of course it would.

But still; the idea of finding out that your initial idea wasn’t the optimal solution for your customers can hurt and sting. Just make sure you realize that that’s ok; it is all part of the plan.

After all it is about the application of the idea – not you as a person.

If you think it’s too much to deal with, and – more importantly – you’re in danger of closing your eyes to the data and just venture on with what you originally had in mind, consider getting some sort of outside help or perspective. Someone with a clean slate and a fresh pair of eyes, who can help put it to you more gently – but nonetheless put it to you.

It might prove to be one of the best investments, you can make.

(Photo: Pixabay.com)

Launching “A Helping Hand?”

Today, inQvation and a bunch of other leading Danish VC’s are launching the initiative “A Helping Hand” aimed at helping the Danish startup ecosystem through the consequences of Covid-19.

The idea is as simple as its brilliant: Apply and receive 30 minutes of free advice from industry VC experts on how you make sure that your startups make it through this unprecedented crisis.

The initiative reflects in a super positive way on how we think and work at inQvation. Whenever we engage with a startup we do it not only with capital capital but also with human capital;

Expertise and a helping hand in trying to help the entrepreneurs, we work with, become as successful as (in)humanly possible.

Or as we put it:

We. Help. Entrepreneurs. Succeed.

No matter, who you are, what stage you’re at, what industry you’re in and what your Covid-19 related challenges are, apply today for free advice from people who have seen and experienced more than most – and are there to help.

It’s an offer too good to pass on.

(Photo: Pixabay.com)

Get the outside view

If you’re stuck in whatever you’re doing or trying to accomplish, look outside your team and get an outside view on what you’re doing and where you should be taking things.

True, the person you approach may not be a subject matter expert like yourself. But on the other hand the person is also not so deep into the matter, as you are and may thus very well be able to see things a lot more clearly.

And it is that new clarity that you need for yourself, your team and – ultimately – your business. It may be just what the doctor ordered in order to get you out of your current predicament and onto a greater and better trajectory.

(Photo: Pixabay.com)