How do you recognize the signals of new opportunities?

The characteristic successful entrepreneurs have in common is the ability to detect and capitalize on opportunities when others do not. But how is it possible? The first misconception, according to the Fast Company website, is the belief that new opportunities open the door, and behind that door is something new and unknown. In fact, there are more doors, and with each one we acquire more knowledge and approach the desired port of a new opportunity (from the Latin words "ob" – an idea and "portus" – a port). How many doors do you have to go through?

The first door opens with your reluctance to observe the current situation around you, as you know that it can be better. Discontent is the driving force of progress. When you recognize this, you actually put your hand on the door handle leading towards the desired changes. Talk about your feelings with colleagues and bosses.

The second door opens wide when you encounter problems for the first time. Does it not make sense to you? However, difficulties will force you to build up your knowledge, meet people who will give detailed information and allow you to get the necessary insight that will confirm the (in)accuracy of your intentions. A typical difficulty is the refusal to allocate sufficient budget for your project. What will you do next?

The third door puts you in a situation where you realize that even totally contradictory solutions may be the best option. One technology company foresaw the need for better ventilation in their warehouse, and while the expert proposed accelerating the performance of the ceiling fans, the company decided to go the opposite way and instead of increasing the speed of smaller fans, they bought slower but bigger devices. How can you apply your knowledge to create something new and against all odds?

The fourth door opens when you should pay attention to adjustment and fine-tuning the details of your solution. Test it and pay close attention to the customer response. Can the knowledge gained through experience with the product influence and define its form?

Once you reach the desired port, everyone will be writing about you as an innovative sensation. However, you know that the path to success was long and tough. Moreover, this is not your final destination, it only ends where another door opens. Do you know what is behind them?

-bn-

Article source Fast Company - leading U.S. magazine and website for managers
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