How to Execute your Idea
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The document outlines strategies for developing and executing a social media application idea, emphasizing the importance of execution in turning concepts into successful products. Key steps include mind mapping problems, engaging with potential customers, defining a minimum viable product, and iteratively measuring and improving based on user feedback. Additionally, it highlights effective teamwork and maintaining a focus on metrics to guide decision-making.
![What’s something about [topic] that frustrates you?
If you had a magic wand and could change anything related to [topic] what would it be?
What problems are costing you the most money right now?
What’s the most important activity related to [topic] that you do?
Is there any frustration associated with that?
What related to [topic] takes up the most time?
Do you use anything to help you with [topic] already?
What do you like about it?
What do you wish was better?
What’s something related to [topic] that you have to keep doing over and over again?
Start Asking Questions](https://image.slidesharecdn.com/09-19-2016-howtoexecuteyouridea-161025190249/85/How-to-Execute-your-Idea-47-320.jpg)
How to Execute your Idea
- 3. Hey guys, I've been tossing around a pretty cool app idea for year... We are launching a new product and need someone... I'm currently working on a project and looking for help Hi we are interested in developing a new social media application... I am with a team of guys who have created a concept for an app. I have an idea that has to do with technology.
- 4. Hello, I’m Anthony Montalbano
- 10. Ideas are worth nothing.
- 12. An idea is just a multiplier of execution AWFUL IDEA = 0 WEAK IDEA = 1 SO-SO IDEA = 5 GOOD IDEA = 10 GREAT IDEA = 15 BRILLIANT IDEA = 20 NO EXECUTION = $0 WEAK EXECUTION = $1000 SO-SO EXECUTION = $10,000 GOOD EXECUTION = $100,000 GREAT EXECUTION = $1,000,000 BRILLIANT EXECUTION = $10,000,000
- 15. The Execution ● Mind map your problem ● Come up with a solution ● Research, educate and connect yourself ● Start talking about it ● Determine the MVP and it’s goals ● Talk to customers ● Create and deliver. ● Measure, learn, create and repeat.
- 17. Write down a problem. Write down anything related to the problem.
- 18. Categorize and Organize Your Thoughts
- 20. Write one page detailing your idea.
- 21. Simplify your page to one paragraph
- 26. Tricks
- 27. Tricks
- 28. Tricks
- 29. Tricks
- 30. “Product review” “Have you tried” “I bought” “I purchased” Source: Pat Flynn - Will It Fly? “amazing story” “great story” “awesome story” “good story” “tell you a story” “one time I was” “I remember when” “share a story” “happened to me” “I figured it out” “why is it” “when can I” “what are the” “what is the” “how come I” “need help” “please help” “I need” “help with” Tricks
- 33. Tricks
- 34. Tricks
- 35. Tricks
- 36. Tricks
- 37. Tricks
- 38. Tricks
- 39. Tricks
- 40. Tricks
- 41. Tricks
- 42. Tricks
- 43. Tricks
- 44. More places to research
- 47. What’s something about [topic] that frustrates you? If you had a magic wand and could change anything related to [topic] what would it be? What problems are costing you the most money right now? What’s the most important activity related to [topic] that you do? Is there any frustration associated with that? What related to [topic] takes up the most time? Do you use anything to help you with [topic] already? What do you like about it? What do you wish was better? What’s something related to [topic] that you have to keep doing over and over again? Start Asking Questions
- 48. M Minimum V Viable P Product
- 49. What is the minimum amount of features you need to prove your idea works?
- 53. Test the strength of your features
- 54. Learn to play devil’s advocate
- 55. Exercise 1. Pick someone to be your future devil’s advocate. 2. Share your product/service. 3. Ask as many questions as possible.
- 57. BREAK!
- 59. Find just 10 people that love your product/service
- 60. Talk to your customers. Often.
- 61. Exercise 1. Create a new Trello board. 2. Add people who might be customers. 3. Select 10 people to interview.
- 62. Set a deadline.
- 63. Get Organized
- 65. Create it.
- 66. Launch it!
- 70. Listen to the data. Find patterns. Make decisions.
- 71. “You should make decisions on metrics. Don't get excited about PR, ultimately follow the numbers.”
- 72. Delight early users with an experience they remember
- 73. Entrepreneurs work 80 hours a week so they don’t have to work 40 hours a week.
- 80. Founding teams of 2-3 work best
- 81. Relentlessly resourceful Tough and calm Smart Best traits of co-founders:
- 82. Always Be Creating Always Be Closing Co-founders should be doing at least one of two things:
- 84. “Making It Happen” Books
- 85. #makingmoves Now it’s your turn to make some moves! Take a picture of this moment and email it to yourself 5 years from now: http://www.boomeranggmail.com/
- 86. Anthony Montalbano anthony@ambrdetroit.com ambrdetroit.com Download slides here: http://bit.ly/makingmoves092016