There is a condition that is common to many entrepreneurs. Many suffer from it in varying degrees. The condition is commonly known as Multiple Idea Syndrome (MIS).
MIS manifests itself by creating a temporary inability to effectively focus on one's business ventures due to an abundance of new business ideas that crop up daily in the mind of the entrepreneur. The result may be impaired management techniques, lack of leadership, and reduced attention to business development.
Such is the mind of the entrepreneur. One good idea leads to another and opportunity is always just around the corner, waiting to be found. However, danger also lurks around the corner. New ideas are wonderful. But, a business has to be continually nurtured and properly cared for. If you are the spearhead behind a business, it’s up to you to provide the leadership and spirit to keep it moving. There is a time and a place for everything. Pitching continual new ideas may not be the best management technique for your business.
You have a vision of where you would like your business to go. Keep to it! Don't allow yourself to veer from the path you planned by constantly trying new ventures at the expense of the ongoing one. You are the backbone of your business and must provide the leadership for others. Inspire through hands-on management. If you are perceived as being "all over the place'" your business will suffer. Set a course of action and lead your team to follow that course.
And what of new ideas? Abandon them? Of course not. Just be sure that you don't lose focus of plan one before you set plan two into motion.
