How to best create a satisfying and comfortable business idea.

[CALVINDOL]

Formulating and creating a business idea is absolutely not an easy task and according to research only a few minority of people have been able to establish good profitable businesses out of there are various business ideas. It is better to focus on how implemented and establishable a particular business idea is, because the most times creating and formulating business ideas are easier said than done. And so we should consider our capability and our ability in actually establishing and implementing such business idea even before having the intention to do so. One of the main reasons why majority of people give up in their business all of a sudden is possible because they do not have the sufficient and adequate capability of managing and operating such a business and even if they strive to manage and operating their business knowing full well that the counts most of the times their business incurs negatively rewarding consequences and repercussions when trying to achieve business goals and objectives.

To be successful in formulating and implementable business idea you must definitely know what you want because when you know what you want you will be able to formulate business ideas supported by your own taste and preference. Secondly you must be able to consider your financial capability and that is how much money you have in reserve to establish the Business of your choice. Third and most importantly you must have a targeted number of audience in which you want to satisfy and make sure of their needs and wants.

 

[TOZZIBLINKZ]

Creating a satisfying and comfortable business idea may literally not be a very simple and smooth task for an individual having the intention to go into business and that totally explains why business ideas established by various individuals usually end up bad such as going go bankrupt or becoming liquidated. Formulation and creating of business ideas is considered to be easier said than done that is why you must consider every possible factor that determine a prosperity and the implementability of a particular business idea.

When formulating and creating business ideas you must also consider your financial capability because for the business to be adequately and successfully established you need to have enough financial Capital or funds to actually do so, so whatever business you established and endeavour to always consider the amount of financial forms you have in bringing the business into existence. Even if you do not have sufficient capital to bring the business into existence considering other alternatives could help as well.

 

[Chibson]

I think creating a business idea should actually be based on what people want and not what you want to yourself because when you start a business you need a lot of patronage and that is possible if you are able to solve a particular problem at a particular time in a particular place.

I actually read an interview of Mark Zuckerberg the Facebook owner who was actually telling the story of how he got the idea to create Facebook. He said that he knew that people actually need connectivity around his school environment but he didn't know that Facebook will get so much popular within some period of time.

The fact that he has realised a problem a lot of people are facing actually made him to create Facebook and it became very successful within some period of time. So identifying a problem is one of the ways of formulating a business idea.

 

[Etini]

I think creating a business idea should actually be based on what people want and not what you want to yourself because when you start a business you need a lot of patronage and that is possible if you are able to solve a particular problem at a particular time in a particular place.

I actually read an interview of Mark Zuckerberg the Facebook owner who was actually telling the story of how he got the idea to create Facebook. He said that he knew that people actually need connectivity around his school environment but he didn't know that Facebook will get so much popular within some period of time.

The fact that he has realised a problem a lot of people are facing actually made him to create Facebook and it became very successful within some period of time. So identifying a problem is one of the ways of formulating a business idea.

Sir identifying a problem is just one aspect of developing a business idea. Even when you discover a problem, there is a whole lot of work ahead to change that idea into a viable business idea and build a business plan around it. After discovering a problem, you have to crack the most efficient way of solving the problem, and this stage is mentally engaging. This is where you explore alternative measures and each of their pitfalls. Then you ask yourself why the problem has been left unsolved. If you don't take cognizance of all these, you would create an idea that would crumble at the very first test.

I think the process of creating a business idea is very cumbersome and requires a lot of mental work. It is not just what you wake up and do in just one day. It might take months for you to generate a formidable business idea.

 

[Chibson]

Sir identifying a problem is just one aspect of developing a business idea. Even when you discover a problem, there is a whole lot of work ahead to change that idea into a viable business idea and build a business plan around it. After discovering a problem, you have to crack the most efficient way of solving the problem, and this stage is mentally engaging. This is where you explore alternative measures and each of their pitfalls. Then you ask yourself why the problem has been left unsolved. If you don't take cognizance of all these, you would create an idea that would crumble at the very first test.

I think the process of creating a business idea is very cumbersome and requires a lot of mental work. It is not just what you wake up and do in just one day. It might take months for you to generate a formidable business idea.

I quite agree with your assertion. The process of creating a business idea does not end with identifying a particular problem but it actually starts with that.

Whenever you are able to identify a particular problem then you can engage yourself mentally in order to bring about the solution. If you are not able to know the problem properly there is no way you can be able to bring solution.

Like I stated, before Mark Zuckerberg identified a particular problem in his school and from there he knew that something needed to be done in order to connect people together and from that particular idea he was able to build something that billions of people across the world are using today to disseminate information..

Sometimes one person cannot even be able to bring the solution instead you can engage people of like minds and try to get proper ideas from them in order to solve that particular problem.