THINK BIG

    LESSON #18

THINK BIG

Thinking Big is having big ideas (vision) that are usually meant to form big ventures that will help you and your community. Ideas can be in a particular industry or can diversify.

I will give an example of Donald Trump one of my mentors in entrepreneurship. Trump is a multi-billionaire real estate businessman with so many assets across America in big states like New York, California, Vegas, and Washington DC. These include sky scrapers, hotels, golf courses, beaches and residential houses. On top of that he has diversified to the food production industry he has a mineral water company and restaurants. He also has assets in Europe and South America and some Islands across the world.  He is an example of diversification in different industries. The late Mr.Mulwana was a local example of diversified investor by being in the food production industry (Jesa products), manufacturing industry (Nice plastics) and real estate.

Another mentor is Steven Jobs (co-founder of the Apple company), after coming up with the Macintosh computer, Steve co-founded an animation production company PIXAR and when he went back to Apple after 10 years a new line of technological gadgets where produced i.e. the galaxy tabs, I phones, I pads and the Apple computer whose monitor can also be used as a T.V with its CPU incorporated in the monitor .This is diversifying in the same industry. Watch the video Top 10 mistakes made by entrepreneurs. http://www.youtube.com/watch?v=gtHZUr3mdlY

·        If you have big ideas start by writing them on paper and hang them on a place you can easily see them every day e.g. your fridge or computer monitor or mirror or in your phone. Think of ways to execute these ideas. Then execute them when the time is right or when the funding is acquired.

·         "When you cannot make up your mind which of two evenly balanced courses of action you should take - choose the bolder," said W. J. Slim. There is no substitute for courage and though the chance of stubbing your toe increases the more you walk, it is always better than going nowhere by standing still. Take chances, take smart risks and you will meet with success beyond your dreams. By Robin S. Sharma.