How Do I Generate New Business Idea And Innovation

Ramolak19

Verified member
I have an open conference meeting this year to speak about how to generate newly ideas and innovation in the world of business.

Generating new business ideas is not as easy as that but something must still be done. The key is to start with an open mind and look for opportunities in the world around you. Then identifying problems that need to be solved or areas where existing solutions could use improvement.

Then I need to brainstorm potential solutions and evaluate them based on their profitability and feasibility study. Then I can also research what other successful businesses are doing and see if there's any way to apply those same principles in your own industry or market segment.

And I should don’t forget to tap into your network of contacts they may know about trends or needs that aren’t widely known yet but could provide great opportunities for growth.

I think some with this creative idea and hard work, new business ideas could be generated. Or what’s your opinion
 
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