Business idea based on your need

[Yugocean]

If you want to start a business but are not sure which one to start, then base your problems on your everyday life. Consider carefully before acting. Do you need a product or service that you're looking for but don't get or that is hard to get? If yes, then by starting such a product or service, you can also make it your business.

There are many examples, like British author JK Rowling, who, when she could not find fantasy stories of her choice, made her own stories, "Harry Potter," which made her a billionaire. Catherine Krugh, while working at her desk, built her own device when she could not find a solution to back pain, which has become a multimillion-dollar business. An unknown person named Satoshi Nakamoto invented Bitcoin while looking for a way to get rid of the problems of financial sanctions imposed by the government and banks despite having money.

We all have a need; we try to fulfil it; if it is not fulfilled, do not leave it; necessity is the mother of invention.​

 

[Mika]

You can of course start selling a product that solves your need as people like you would also be needing the same kind of product. However, the basic idea behind starting a business is never try to sell things that you like, instead sell things that your customers want to buy. Therefore, before starting a business, you need to see what the market actually wants. If you identify the demand of the market, you will also have to see if the product is saturated or not. The product you want to sell should be valuable to the customers, it should solve the problem, and make their life easy. Not every one of us is an inventor and not all of us can create our own product. In that can all we can do is start reselling products. The best way to start a business is to create your own product but you can also build big business by reselling.

 

[eldavis]

I can't actually remember who said it or where i heard it, but someone once said when looking for a business to start, look around your desired location, what are the problems that currently needs solution? Identify these problems, then create a solution. People are always willing to pay anything to get a solution for their business.
When looking for a business to start, it would also be best if you can startup something you have passion for.