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Putting Entrepreneurial Ideas into Action | Yuri Vanetik
1. PUTTING YOUR IDEAS
INTO ACTION
Building from an entrepreneurial idea to a business
YURI VANEITK
2. 0 1YURI VANETIK
TURNING VISION TO
REALITY
When you have a vision for a business, it
can be difficult putting it into action. You
may have a great idea, but completely lost
on how you should move forward with
turning that concept into a tangible
business. There are quite a few small steps
you’ll need to take, like finding people who
can work for your business, finding the
funds to start it, filling out the correct
paperwork, and making a name for yourself.
While these steps are all very important,
there are also bigger picture ideas that will
greatly benefit you and can help actually
turn your business idea into action.
3. 0 2YURI VANETIK
IDENTIFY A NEED
You may have some idea of what industry
you want to begin your business in and you
maybe even know what you’d like your
business to do, but if it’s an industry that
doesn’t need your services, what should you
do? In order to create a new business, it’s
vital that you identify a need in the industry
where you’d like to work. If you can pinpoint
an area that needs improvement or
assistance, you’ll find it much easier to turn
your idea into reality. When I started my
company, Dominion Partners, I saw there
was a need for real estate investing and
went from there.
4. 0 3YURI VANETIK
TIME MANAGEMENT
Starting a business is a lot of work. I get up
early in order to make the most of the day
ahead of me and be as productive as
possible. I go from calls, to meetings, to the
gym, to the office and that’s a normal day!
Take time to create monthly, weekly, and
daily schedules and stick to them as much as
possible. Work toward not wasting any time
throughout your day. Proper time
management is a skill you should begin
developing, even before you start your
business.
5. 0 4YURI VANETIK
LEARN FROM MISTAKES
It’s vital that you encourage your curiosity
and take risks, but you also must learn from
your mistakes. No one is perfect so you
won’t run a perfect business model, but you
can always look for opportunities and ways
to improve. What you learn from your
mistakes will make you and your business
better in the future.
6. 0 5YURI VANETIK
TAKE PERSONAL
CARE OF YOURSELF
As you work on your time management
skills, it’s important you schedule time for
self-care. You need to do something you
enjoy and take care of your physical and
mental well-being. No matter how busy you
are, get enough sleep and find just half an
hour of your day to do something unrelated
from work that you purely enjoy. The one
habit I refuse to take time away from is
working out. I believe in order to be
successful in your business, you must take
care of your body and stay healthy.