Would You Turn Away An Investor’s $1,000?

Think of every idea or suggestion you receive for your business as a person handing you cash.

Every suggestion that you receive has some worth. Maybe your spouse suggested you wear a different tie or necklace for a meeting instead of the one you chose, and it was a better suggestion. That’s a quick $1.

The barista at the coffee shop suggested you take a different route to get to a meeting downtown because you said you were worried about the traffic. Take it as $5 in your pocket if it saves you time, $20 if your competition ends up shows late. Think of it as a loss of money if the new route actually makes you late.

And everyday that million dollar idea for your company is just waiting to be born from a spark of creativity from any one of your employees, co-workers or partners. In the meantime, you’ll settle for a $100 idea here, and a $50 idea there, especially if you are a small business.

So if ideas and suggestions amount to ‘free money’ being handed to you, would there ever be a case where you would turn it down? If the person giving you the idea had some strings attached that made the money not only ‘not free,’ but put you in a situation where you were uncomfortable or at a serious disadvantage, you’d would politely take the idea ‘in consideration’ and do your best to distance yourself from the person and their idea.

Now that you’ve gotten a good grasp of ideas as dollars, take a day to observe how much free cash you are tossing in the dumpster instead of using to make into actual capital. Also keep an eye on how much political capital you are floundering throughout the workplace in the process.

When that quiet guy from IT came to you with an idea early in a process for you to consider. When a new secretary pointed out an issue she has with her new job that was fixed at an old job with a simple and easy solution. When that intern asked, ‘Why would anybody want to buy that,’ and was honestly confused by what seemed like batches of outdated processes. These are example of investors in your company, people with money already in the game, who want nothing more than to see even more success from you, scrapping together real money to put into your product, not shrugging off some pocket change and hoping for the best.

If an investor came to you with $1,000 with no strings attached, other than to use the money for something benefiting the company, could you use it for something? Would you find a way to accept it?

It might not be that million dollar idea being offered up to you, but every suggestions is worth something. Remember that, and make sure you are getting your money’s worth from each and every idea that comes your way.

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  1. 1 Twitted by djazzycool1

    […] This post was Twitted by djazzycool1 […]

  2. 2 Would Your Turn Away an Investor’s $1000? « Fast Forward Musings

    […] These are example of investors in your company, people with money already in the game, who want nothing more than to see even more success from you, scrapping together real money to put into your product, not shrugging off some pocket …Continue Reading […]




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