September 19, 2011
From Wikipedia:
Research can be defined as the search for knowledge, or as any systematic investigation, to establish novel facts, solve new or existing problems, prove new ideas, or develop new theories, usually using a scientific method. The primary purpose for basic research (as opposed to applied research) is discovering, interpreting, and the development of methods and systems for the advancement of human knowledge on a wide variety of scientific matters of our world and the universe.Scientific research relies on the application of the scientific method, a harnessing of curiosity. This research provides scientific information and theories for the explanation of the nature and the properties of the world around us. It makes practical applications possible. Scientific research is funded by public authorities, by charitable organizations and by private groups, including many companies. Scientific research can be subdivided into different classifications according to their academic and application disciplines.
Artistic research, also seen as 'practice-based research', can take form when creative works are considered both the research and the object of research itself. It is the debatable body of thought which offers an alternative to purely scientific methods in research in its search for knowledge and truth.
Historical research is embodied in the historical method. Historians use primary sources and other evidence to systematically investigate a topic, and then to write histories in the form of accounts of the past.
The phrase my research is also used loosely to describe a person's entire collection of information about a particular subject.
Week 2
Hello All! I’d like to thank everyone for joining me again this week, as we start week two in our little Endeavour. We all have busy schedules and one of the things I strongly recommend is you devote a few hours each week to your idea. I know of no one who has been able to just have an idea come to them one day, and then BOOM the next day their CEO of this massive conglomerate they created. I wish it was that easy!
Truth is, no matter how many times we try those “get rich quick” schemes out there, we inevitably come to realize that yet again, we believed all the hype, and thought we could gain instant wealth by the click of a mouse. You and I both know that there are no free rides in life. Yet time and time again we repeat the same mistakes over and over. We get duped into believing that for the unbelievably low price of $29.99 plus shipping and handling, a young kid, or some rich daddy is going to give us THEIR secrets. So we too can make millions and be our own boss. Really?
And for an additional $4000.00, we will get the REAL “secret code” to unlock those previous secrets. These secrets must be locked in a vault or something. And they must have a heck of a lot of secrets to give out. Because if their giving everyone just one secret, or one way to obtain riches, then wouldn’t that mean that, oh I don’t know, 25 million other people know the secret? I grew up thinking that secrets were to be shared by just a few. I must have missed something between the ages of 12-45. And now 25 million other people who were in the know are now millionaires, because they knew “the seceret". Darn, I missed the boat.
How it works;
Here’s how we are going to do this. Each week I will update you on what I did the previous week. Keep in mind I am always a few weeks ahead of you. The whole purpose of this blog will be so that you, the reader, will be able to follow me, and hopefully learn from my trials and errors. And I will have many trials and errors. Of this I am certain.
Some weeks will be a short update, due to the fact I might not have accomplished too much. However, that doesn’t mean it was due to a lack of effort. Remember, creating anything of substance takes time. We have tried the get quick rich route. It didn’t work. That’s why we decided to try and make our millions the hard way. We are going to EARN it. Wait, don’t go running off. I know you have what it takes to do this. We have what it takes to get our Start-up off the ground. You owe to yourself and your family to try. It’s only a few hours a week. Well at first anyway. Didn’t we spend that amount of time on the evil get rich quick gimmicks? So why not follow me?
Also, each week I will give you a couple of tasks to accomplish. These tasks will not take but a few minutes of your time to complete. But, keep in mind, once you start this project, you may start to find yourself getting excited as you start to see some results for your time and effort, and therefore may start devoting more time to your start-up. Now, back to the topic for the week:
Very basic research;
As stated above, research is defined as the search for knowledge, or as any systematic investigation, to establish novel facts, solve new or existing problems or prove new ideas. New ideas, isn’t that what we have? Isn’t that how you stumbled upon my blog? Because you, like me, have an idea you feel is worthy of your time.
Ok, with that in mind, it’s time we start the first phase in launching our start-up.
From the moment my idea was born, I knew that something special was going to happen. Not special in the sense that I knew it was going to make me rich. There is no guarantee of that. No, I was excited in the fact that I knew, for the first time in my life, that I was going really try and create something from my idea. This time I’m going to WORK at making something come from my idea! I had an idea I thought we be a great concept for a movie. I did some research and shortly there lost interest. A movie very similar to my idea wound up on the big screen and made a nice profit, by today’s standards. I made up my mind then that if I ever had another idea, for anything that could be profitable, that I would act on it. And here we are today.
The first thing I did was to start researching my idea. The first few days were spent just absorbing the idea. I let it sink in. I start to see results in my head. I envisioned my company, my brand and my products. I started doing some very basic research and looked for some answers to some basic questions.
Such as:
1. How many other businesses are currently using a variation or version of my idea? As this will be my potential competitors?
2. How big is the market? Will it support another competitor? Note: my idea requires only ten to 15 percent of market share to be very, very profitable.
3. What are the possible roadblocks that are standing in my way, right now, today, that could possibly present their selves in the near future and slow my roll?
4. Do I know of any family, friends who, if needed, would have some extra cash they might want to invest?
5. Where will my company’s revenue come from?
6. What makes my idea any different than my potential competition?
Obviously there are going to be many more questions to research and answer. I have given you these as a way to get your wheels turning. Research these basic questions and if you don’t find yourself getting excited, if you can’t envision the road ahead and what may lie on the other side, then STOP. You are wasting your time. You are not wasting my time. If you want to follow this blog great! I need the readers. You are only hurting yourself and wasting your time. While you’re here why don’t you click on one of my ads? After all it takes money to fund a start-up.
The point is folks if you are not excited now in these very early stages, and if you cannot envision your idea coming to fruition, then you probably will never be able to. It’s imperative you be having some level of excitement at this early stage. Our incubation period.
Do me a favor? I want you to ask yourself these questions above. Do some research on them. Start keeping track of the answers you find. Look into your heart as you do these tasks. If you are not getting excited about you idea, your start-up, then take a break and do some reflecting. Maybe you will then start to feel it. If you do, then please come back again next week.
And for those of you who are ALREADY getting a little shiver down your spine, at the mere thought of your start-up, then congratulations! You may have caught the fever. I hope so!
Thank you all for joining me this week. Remember to be kind, honest and loving human beings.
Until next week,
Middle Income American III
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