How to Generate, Safeguard and build your Ideas

Things to know about ideas:
--Ideas cannot be acquired, they can only be conceived.
--Ideas cannot be shared, they can only be built together.
--Nobody cares about your idea, everyone only cares about the fruit of your idea.
--Idea is not a dream, a dream is not an idea.
--Idea is a measure of dream. Dreams are valued with ideas. It is a road/path to dream, mostly untiled.
--The world is filled with dreams but ideas rule the world.
--No sole idea can be executed.
--Ideas never come to an idle man but they come when you are idle.
--Like pregnancy, no idea is conceived and birth the same day.

Types/Stages of Ideas

For a start, we will consider this section as TYPES OF IDEAS. At the end of this course you would have been convinced to consider this section has STAGES OF IDEAS.

There are generally two types/stages of ideas depending on your insightful glasses focal power at present. And as promised earlier, you will be more than convinced at the end of this course to consider this section has stages of ideas.

1) Unachievable ideas.
2) Achievable ideas.

UNACHIEVABLE IDEAS: Anything considered bigger than you is something you cannot HAVE, CONTROL, or THINK OF. Consider the following people:
1) Albert Eistein.
2) Thomas Edison.
3) Lawrence Bragg.
4) Wole Soyinka.
5) Bill Gate.
6) Chinua Achebe.
7) Ben Carson.
8) Yourself.
Get a pad and rate each person in the list between 1-10 based on 'achievement and how they have impacted their world'. Arrange them in descending order of their score.
Who is the first on your list and who is the last? To the sincere participant, I am sure you will be the last on the list. Why are you inferior to the other people on the list? You are younger than them? Lawrence Bragg won Nobel Laurette prize at the age of 21. You are not that brilliant? Thomas Edison was tagged 'dullard' by his teacher. They are white? Check the list again to see Soyinka and Achebe. Intelligence is independent of race, greatness is not determined by color or age. It is all within you. The only difference between you and those in the group; what will determine if you will be any different or great tomorrow is your generated ideas and what you do with it.
Are you any different from me? I heard you asking. I am not for now but wait and watch, ask me the same question in few years time and I will reply 'You can see the difference(#with a smile)'.

Your idea will always be unachievable if it is alone. Ideas work in team. One compliment the flaw of another. It is similitude to a termite colony. Colony is started with a single termite, the fertilised female (later the queen). Eventhough she is the queen, she can never make a colony.

It is worth knowing that ideas have ranks:
>> Main idea
>> Supporting idea
>> Backup idea
>> Exit plan.

MAIN IDEA.

It is mostly the first conceived of all ideas. It can also be considered as the main objective.

SUPPORTING IDEA

It is an helping cord to the main idea. It aids elimination of doubt of an idea feasibility. Sometimes it becomes the main idea and vice verse.

BACK UP IDEA

A type of idea only thought of by people who always plan before acting. There is a particular group characterised with this idea, they are called 'ORIGINALS'. A group Martin Luther King Jr. and Leornando Da Vinci are said to belong to according to .............. TED TALK.

EXIT IDEA

I will never recommend you to conceive this idea during the start of your idea generation, nevertheless it is a must to have and the last option to consider no matter what. According to Napoleon Hill ''There is difference between temporary defeat and failure''. We live to fight another day is the song of retreating soldiers. All ideas will not always work.

ILLUSTRATION OF IDEAS RANKING

All analogy here are real conceived ideas of mine. They are ideas I am either working on now or filed for later. To confirm it, I will use real name of any involved property or place.

Analogy 1: I conceived an idea of owning a hotel after seeing a bankrupted hotel in an area with a promising ROI (Return On Investment).
Main Idea: Purchase the bankrupted hotel (XALE).

My challenges:
1) I am currently a student, still asking for money from home eventhough I try to avoid it as much as possible.
2) I know nothing about real estate except those I read in books like 'The Art of the deal by Donald Trump' and experience I accumulated from Estate agent as a student.
3) I don't have 0.0005% of the demanded price.
4) No collateral to get a loan.
Note: Your supporting ideas are always generated when you have identified your challenges.

Supporting ideas:

-- Contact a real estate firm to negoiate partnership.
These will be tough because I have no record.
-- Price the hotel to a minimum, the building will be at least 25% worth more.
-- Get a venture capitalist.
-- Approach the bank to loan me the money using the house as collateral.
It will be a big shot if I am able to request for a loan less than the house worth.

Back Up idea:

-- Sell the idea to someone else.
-- Wait till graduation, work hard, make money and come back to execute my main idea.

Exit Plan

-- Give up the idea because of the obstacles.
-- Give up the ideas if after executing the main and supporting ideas I could not achieve anything.

Analogy 2: I conceived an idea of getting students fairly used medical textbooks due to the cost of new ones.
Main idea: Selling of fairly used book at an affordable price compare to new ones.

My challenges:

1) No money to import in bulk.
2) I am a shy marketer.
3) I have no idea about importing and exporting.
4) What if nobody patronize me.

Supporting Ideas:

-- Go online to search for websites that sell fairly used books. Also check for those with free shipping.
-- Contact fairly used book sellers in Ikeja and strike a deal with them. They import and you help them sell at a commission rate in my school.
-- Buy used textbooks from graduating students.
-- Import with the little cash I have. You can start your business with any amount you have, peovided it is sufficient to start.
-- As a shy marketer, I buy and put them in book stores (especially in my school) and bargain a commission rate with them.
The best solution to overcome my market shyness is to read books on marketing and summon the courage to go out there. A great marketers will tell you they were shy when they started. It is a sign I am a great marketer too.

Back up plan:
-- Sell the idea to someone else.
-- Wait till I have enough money.
-- Change my targeted market.

Exit plan:
-- Let go of the ideas without trying them.
-- Let go when all my ideas don't work.

ACHIEVABLE IDEAS

'What the mind of a man can conceive, he can achieve'--Napoleon Hill.
When an idea is achievable, everything always seem to be in place. Unlike the unachievable category, the challenges arr always few.
I would have given more ideas under this section but I would not want you to empty my idea archive. Using the two initial analogy, in analogy 1: My only challenge might be ''I am currently a student''. In analogy 2: My only challenge might be ''I am a shy marketer''.

Making unachievabke ideas achievable

Presented challenges are the main thing that make ideas unachievable. Identify your challenges and generate a supporting idea for it. Also, the following can be responsible for unachiveveable ideas:
1) Wrong main idea.
2) Insufficient supporting ideas.
3) No back up plan.
4) Not knowing when to quit and quitting when not to.

HOW TO GENERATE IDEA

You do not a need formal education or training to know how to generate ideas. Ideas flow from the mind. Only if you don't possess a mind that you are incompetent to generate one.

There are two types of ideas: Good and Great ideas.
These two types are either positive or negative ie 'Good good ideas or Bad good ideas' and 'Good great ideas or Bad great ideas'.

Good ideas are myopic ideas. They are generated out of urgency to solve a problem. Such as when you need money to get something urgently.

Great ideas are generated to solve problems in the future. They solve present problems in a way they will not need to be worried of in the future.

Different people different ideas.

Idea generator are generally of three groups:
1) Intelligent
2) Creative
3) Genius

Intelligent people generate good ideas, creative people generate great ideas while genius generate both good and great ideas.

Have you consider why it is said that ''Geniuses are not born but made''?

Intelligent people gathers knowledge while creative people gathers wisdom. Combination of knowledge and wisdom is the simple defination of genius.

SCIENCE OF CREATIVITY

The brain is divided into two hemispheres by a partition called CORPUS CALLOSUM. The left brain is concerned wirh creativity and the right brain with images. Idea required both logic and imagination (generation of images-my defination) to generate, so the whole brain is involved in generation of idea.

A puzzle for you, if ideas are generated in the mind, then where is the mind? In the heart or brain? Don't ask me the answer (#smile).

Conclusively, to generate idea you need your whole brain. Although there are specific areas in the brain actively involved which I don't want to dive into because there names are Medical jargon(such as dorsolateral prefrontal cortex concerned with executive function). I studied the Frontal cortex which the prefrontal cortex is part in my project work.

TIPS TO GENERATE IDEAS

--Be alone without feeling lonely: Aloneness and loneliness are not just different in spelling and pronunciation. Loneliness is felt when you feel like having someone(or people) around and there is none; aloneness is a special time you spend with yourself. You are not even aware if there is anyone one around or not.

--Never let go of any problem without thinking of a solution.

--Be concerned about things other than your discipline/specialty.

--What if? : Always ask yourself this question in instances or situations when there is a standard belief. Think otherwise, be intuitive, think out of the box.

--Look for opportunity in situations: The difference between two friends who returned to settle in their village from city-one became poorer afterward and the other the richest in the village-is their glasses. One see their return as a qualification for eternity doom and the other as a time to explore the acres of diamond(his mind).

Idealists do not see things where they are not vusible to others, they only see it by changing their perspective. What they see is there for everyone to see, but everyone can not be at the locationand bearing to see it.

SAFEGUARDING YOUR IDEA

Ideas are safeguarded with ideas. All safeguarding tips I will be sharing tonight are in reality some ideas to safeguard your ideas.
As an idea generator who should have known where he belongs in the groups of idea generators and where he would like to belong to, you should and will be able to generate more ideas to safeguard your generated ideas.

As it is impossible not to know how to cook a soup by just stealing the recipe from the kitchen of someone who know how to, so it is impossible to for your idea to be stolen. Wondering hiw true us that? It can never be, you are the main generator of it. It is necessary to be safeguarded because there are thief cook ready to experiment with any recipe. Provided your cooking process is well explained, they are not ready to from you the great cook with the recipe of the delicious soup people would die to taste. It is from people like this you have to protect your idea. They can disrupt your ideas and increase your supporting ideas and as stated earlier, challenges determine your supporting idea.

Share your idea with everyone and never anyone. Let me repeat that again 'share your idea with anyone but not everyone'. I intentionally changed the sentence.

Every idea always have:
*Everyone
*Anyone

Everyone is your targeted audience, anyone is the people involved in executing your ideas.

TIPS TO SAFEGUARD YOUR IDEA

--Ensure any venture capitalist or investor you would be sharing your idea with sign an undertaken that they will never still your idea.

--Be clandestine(secretive) as much as possible with your idea.

--Never discuss it with people that you know will discourage you. They subdue your passion if care is not taken.

--Be open to others advice but never take all advice.

BUILDING YOUR IDEAS

The main essence of building our ideas is to accumulate wealth. To you thinking wealth is all about money, need to check your dictionary. Wealth simply means abundance. You either build your idea to acquire tangible or intangible wealth.

Tangible wealth include real estate, money, luxuries, etc. Intangible wealth include happiness, satisfaction, love, etc. I have come to discover something, our brain is well configured for tangible wealth than intangible. Confirm it yourself: list 10 tangible and intagible wealth. It will be discovered that you will be able to list ten(10) tangible faster than the intangible.

There are two types of wealth
>>Wealth to buy
>>Wealth to sell.

Wealth to sell are mostly inheritance. Such as people who sell inherited land, house and other properties have wealth to sell.

There are people who possess a acres of land and never inherited a plot. It was acquired using wealth to buy. Meaning wealth to sell depends on wealth to buy. In most instances, wealth to buy always have the upper hand except in few instances(exception).

A built idea will entitle you a right to be in the exceptional wealth to buy or sell league. There are lots of companies charactrised with this. They have a strong haggle power power to either purchase a growing company or sell their company.

REQUIREMENT FOR BUILDING YOUR IDEAS

--IDEAS
--PASSION
--CONFIDENCE
--NETWORK
--PERSEVERANCE
--HARDWORK
--TRAINING
--PEOPLE

Caveat in building your ideas
*Seek advice as much as possible.
*Never follow all given advises irrespective of the advisers qualification.
*Always value everyone who helped in building your ideas.
*Never quit. Frustrate quit to quit.
*Always have a Plan B(Back-up idea).
*There will always be contigencies no matter how well planned your ideas are.
*You must never run out of ideas. The difference between invention and innovation is: invention is a main idea, innovation is a supporting idea.
*Your challenges should be an inkling of a new supporting idea.

SUMMARY

All discussed in this course is acronymed in the topic itself.

I--- Intuitive
D-- Discovery
E-- Expose
A-- Action.

**To generate ideas, you must question the status quo, think out of the box (I-- Intuitive). You can only be different by being different. You have to really discover something to be really discovered(D-- Discovery).

**Expose any conceived idea of yours. Discuss it with people you know will help build it (E-- Expose).

**Build your ideas after exposing it to prospects. An unbuilt idea is worse than an idea not conceived. It is like wasting rice in this era of recession(#smile). You need to build your conceived idea(A-- Action). 

Recommended to read:
*>Think and Grow Rich by Napoleon Hill.
*>War of Art by Stephen Pressfield
*>Laws of Success by Napoleon Hill.
*>Borrowing Brilliance by David Murray
*>Made to stick by Chip Heath & Dan Heath.

This is the summary of  a recent WhatsApp seminar we had on TrivalenceAskMe whatsapp group. Text 'INTERESTED' to +234812977627 to join the group.