Here is a guest post from my good friend, Jason Young over at jasonyounglive.com. Great stuff there. Check it! You can also find Jason on twitter at @jasonyounglive.
I was chatting with my friend, Jeremie Kubicek, CEO of GiANT Impact, about how to process ideas. His simple insight has been a help to me.
Filter your idea(s) through the following:
People – are the right people at the table to make the idea executable?
Funding – are the financial resources available to execute the idea?
Timing – are the timing elements aligned to execute this particular idea?
Once you have the main ingredients (above), I would add three important factors:
Organization – are you putting elements together to create a functioning whole?
Discipline – are you prepared to live in an orderly pattern of behavior?
Poise – are you in a state of readiness, especially for the unexpected?