Yusra3
VIP Contributor
Generating good business ideas is a lot like cooking. You have to start with the basics, and then add ingredients that will make your dish more appetizing.
Here are some tips for generating good business ideas:
1) Start with an idea that you're passionate about. If you have an idea for a new product or service that you'd love to see on the market, but you don't know how to turn it into a business, start there. You might not be able to make enough money from it right away, but at least it's something you're interested in and if you can get excited about it enough to spend time thinking about it and working on it, then chances are good that others will find value in your idea too!
2) Write down everything that comes into your head when thinking about this idea. what makes it appealing? Why would people want this? What problems does it solve? What are their needs? How do I solve those problems? Once we've got all those questions answered, we can start building our plan for bringing this business idea into reality.
3) If you want to be more effective at generating business ideas, I recommend taking some time out of your schedule to look around and notice what's going on around you what's happening in your neighborhood, or where you live or work. You might even try looking outside of your own country. there are lots of interesting things happening in other parts of the world that could inspire new ideas for your own business!
If you take time for this exercise regularly, it will help you become more aware of what's going on around us all day long. This will give us more opportunities to come up with new ideas for our businesses!
Here are some tips for generating good business ideas:
1) Start with an idea that you're passionate about. If you have an idea for a new product or service that you'd love to see on the market, but you don't know how to turn it into a business, start there. You might not be able to make enough money from it right away, but at least it's something you're interested in and if you can get excited about it enough to spend time thinking about it and working on it, then chances are good that others will find value in your idea too!
2) Write down everything that comes into your head when thinking about this idea. what makes it appealing? Why would people want this? What problems does it solve? What are their needs? How do I solve those problems? Once we've got all those questions answered, we can start building our plan for bringing this business idea into reality.
3) If you want to be more effective at generating business ideas, I recommend taking some time out of your schedule to look around and notice what's going on around you what's happening in your neighborhood, or where you live or work. You might even try looking outside of your own country. there are lots of interesting things happening in other parts of the world that could inspire new ideas for your own business!
If you take time for this exercise regularly, it will help you become more aware of what's going on around us all day long. This will give us more opportunities to come up with new ideas for our businesses!