You are pulled from your sleep with a million dollar idea.  You can’t get it out of your mind as you shower and get ready for the day.  But, the idea soon fades as you perform your day to day tasks, and when you finally have time to spend on it, you can’t remember why it was such a great idea.  Sound familiar?

You can solve that problem by making use of a good business plan strategy.  Among a number of great uses, getting a million dollar idea down on paper before it disappears is a critical use of a business plan strategy. 

The first step in creating your million dollar idea business plan strategy is to jot down the general idea that popped into your head in the first place.  Don’t wait to write it in your special notebook or to sign onto your computer.  Grab whatever paper is handy and get the general idea down fast.  Do this step right away, the rest of your business plan strategy depends on it! 

Now you can go about the rest of your day safe in the knowledge that your idea can’t be lost.  Just the action of writing it down will cement the million dollar idea in your mind and keep you thinking about how to make it happen. 

Over the course of the next few days or weeks, confirm the following and commit them to paper about your million dollar idea:

1.  Is there a market for your million dollar idea, and can you compete in it?  You don’t have to be the only person in the whole world who thought of it.  You just need to be a big enough fish in the pond to be able to compete. 

2.  Can your million dollar idea meet the needs of that market on an ongoing basis? 

3.  How will you deliver the million dollar idea to the market?  In other words, what resources, team, skills do you need to make it happen? 

That’s all there is to it.  By answering those three simple questions, you have taken your vague, undefined million dollar idea and created the base of a business plan strategy that will make it work
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If this exercise has left you even more excited over your million dollar idea, your next step is to expand your base into a more robust business plan strategy. 

Turning your million dollar idea into more than a mere dream takes little more than focusing on a few easy questions which will help create a basic business plan strategy.  From there, you make your dream turn into a reality before you know it. 

Be sure to visit SmallBusinessAccountingBackroom.com to get many more resources to help your million dollar idea become a reality, including samples of business plan strategies to take it to the next level.