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When It’s Time to Let Go of A Good Idea
Could holding on to an idea be holding you back?
The passions and dreams that inspire leaders to go above and beyond are often the same desires that keep leaders from realizing the valuable opportunities right in front them. Lynn Lilly, founder of Craft Box Girls and National DIY DAY, learned that she had to let go of what she thought her company should be in order to achieve the success of what it could be.
In this video, Lynn shares her insightful story about how holding on too tightly to the initial idea for her new company was actually holding her back. When she finally recognized that her plan wasn’t working, Lynn switched gears to more fully embrace what her customers wanted. Designing her organization around the customer produced the results she dreamed of. However, Lynn learned a valuable lesson that she continues to rely on today as her organization grows.
“You can’t be tied to a specific idea or component of your business in the beginning because you’ve got to be able to pivot,” says Lynn. “You have to be able to fail quickly. You stay with the same mission … we still have the same goals, but we’re reworking that a little bit. We’re listening to our consumers.”
How tightly are you holding to your original idea in the face of information that it may not be working? Could holding on be holding you back?
Ask yourself: What do your customers really need from your product or service? What possibilities exist if you pivot and transform your ideas to meet their needs?
After being laid off from her big time corporate job, Lynn Lilly took her savings and decided to follow her life long passion of crafting and entertaining. The road began on a few dollars, hard work, a lot hours and a lot of creativit...
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