How to get a business idea?

[Jasmine]

If you search for business ideas on Google or YouTube, you may find many. However, the most important question that needs to be answered is are these ideas profitable, or more importantly, will you become successful in these niches. Therefore, instead of searching business ideas on Google and youtube or even asking people for ideas, you should start looking inside. Let me explain. Instead of listening to people (or Google) for business ideas or copying someone's idea, you should work on your own interest, hobby, expertise, skills, or knowledge. You can start by making a shortlist, and the choosing the idea that appears most lucrative. You will then have to start researching on your chosen idea, and find out if there a demand and whether there is competition? If there is a high demand but little competition, you are ready to take off; if not. than look into another idea.

 

[Finger Geek]

It is true that we can work on our interest. But there are times that what we are interested in might not be a business that will work in our area unless we move to another location.

The best thing to do is to do research on the business that will work in our current location and the ones that will be profitable. It is after we have list of them is then that we will choose the one we will be able to handle best and also the one that will go with our capital.

After choosing a business, we don't need to rush into the business even if we have the capital. We need to do lots of research on the business for us to know the pros and cons of the business and for us to know how to tackle any problem that arises in the business. It is after we do these things are we going to be successful.