Skip to main content
CASH FLOW LEARNING & RESOURCES

Free Cash Flow.is

Learn more about what Free Cash Flow is and how you can achieve your win.

How to Become Open to Inspirational Business Ideas

You may have come across a story on the news or in a magazine that made you think ñ ìwow, I wish Iíd had that idea.î It is also likely that it made the person who actually had the idea a lot of money. You wish that it could be you, sitting back and reaping the rewards from that particular moment of brilliance. Well, it can. You just have to know how to become open to inspiration and then figure out how to recognize that inspiration when it does come along.

The first thing that youíll need to do is get rid of your preconceived notions. That is much easier said than done, but it is possible. Youíll start with identifying your preconceptions and determining which of them might keep you from being open to an idea when it comes along. Then, get rid of that assumption entirely. This way, you have nothing blocking the path if a good idea should come along.

Next, youíll need to start paying more attention to your surroundings. It is very easy to become so used to your regular routine that you donít notice the things around you. But those things are going to be what inspires your business ideas. As you go about your daily life, look for things that are related to business. In particular, look for niches that have to be filled, for needs that are not being met. These are where you will find the best business ideas.

You also have to know how to recognize the good ideas and sift out the bad ones. This requires that you think through an idea thoroughly before you do any work towards it. You need to determine exactly how the idea will work and what sort of pitfalls you can expect to find. Sometimes, an idea that looks great on the surface will turn out to be terrible, and sometimes the opposite is true.

The most important thing that you can do is to continually think about things from a business perspective until it becomes so much of a habit that you are unable to turn it off. That is when you will start coming up with amazing ideas, one of which could just make you a millionaire if you put in the work. But the idea has to come first so get to thinking about things!


Gregory Brickner

Gregory is the Co-Founder of Finive and a number cruncher himself. He leads the obsession for cash flow for small businesses that is the Finive spirit. With insights into cash flow, business owners make better decisions, increase profit, and achieve their wins.

Financial Apps & Tools

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 

Forecasting Guide

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 

FCF.is

Free Cash Flow Is  | Helping you understand cash flow and become a cash flow winner

Cash Performance Report

Translating EBITDA into Cash Flow Performance to fuel growth.

Understanding the cash flow activity of the organization creates insights to drive results. The cash performance report creates a clear cash flow picture of the organization by merging the Income Statement and Statement of Cash Flows. 

Three Things Your Budget Must Have

Key elements of a successful budget for a growing business.

Many organizations are starting to think about the 2021 budget cycle. Before you get too far in the planning consider these three elements to produce a quality budget.

Why Your Business Needs Cash Flow Forecasting

Regular cash flow forecasting is an essential part of strategic planning to fuel growth.

A regular cash flow forecasting routine is a catalyst to achieve your growth goals. The forecasting process will force you to do the mental exercise of working ON your business instead of merely IN it. 

Evaluate Performance and Drive Success with KPIs

An introduction creating KPIs for behavior gains in your business.

Business leaders are often seeking ways to find a higher tier of growth and motivate the team to achieve more than they thought possible. We discuss performance with other words, such as targets and objectives.