How to find a business idea
Many people who want to create their own business are wondering how to find an idea for a business. And not just an idea, but the most profitable and profitable one.
How to find a good idea
Business enterprises have one thing in common: solving a specific problem. Good business ideas are different in that they can provide a solution that will be in demand.
You may be close to starting your business from scratch. The missing touch is the inspiration that will point you to the business idea of your entire life. Try changing your surroundings to find a simple yet brilliant business idea.
Below we will tell about a dozen places where the best minds of our time managed to find an idea, which later became the source of their millions.
We live in a time when there are assistants for all everyday tasks - mobile applications for your phone. But is it for everyone?
If we look at Google Play and the AppStore, it seems that there are already applications, even for the fact that no one is useful. But don't jump to conclusions.
Every day there are hundreds or thousands of new applications developed by talented people.
How to find a really worthy business idea? An app is a simple solution to a specific problem.
Conduct a survey of the widest possible public, or better - the solvent, and you will get it - a problem whose solution will bring you your first million!
It's just a small matter - to think through everything to the smallest detail, hire a developer and go!
You know you want to start a business, but what to do next? We offer you an option on how to find an idea for a business.
Many people think that starting a business is some kind of mystical process. Everyone understands that they want to start, but they don't understand how. What's the first step? In this article, you will learn how to find a business idea that suits you, how to decide what you want to do and what actions you need to take to do this. After all, it is quite easy to find ideas for a small business.
Before we start, let me be clear on one point. Most newbies think if now is the time for their idea? It is a fact that there is no better time than NOW. It is obvious that it is wise to start when the economy is booming. But setting up your own business in a troubled economy is also possible. If you've done some research, you probably found that your business is in demand at the moment. Because many newbies don't start a business during a downturn, your business is more likely to get noticed. And depending on your idea, during the crisis, many companies sell their equipment for cheap.
Business ideas for a small town
About 600,000 companies are opened in the states annually. For every American, there are a million people who say “ok, this year I’m starting my own business” and don’t.
Everyone has their own blocks, which each time interfere with doing something. People are afraid to start something, they are afraid of the unknown, mistakes, failures, or some are even afraid of success. For many, it is important to start everything from scratch. They think that we need to do something that no one else has done - new inventions, a unique service. In general, it all comes down to inventing the wheel.
But if you are not just another Bill Gates or Steve Jobs, trying to invent something new is a waste of time. For most people it is not necessary to create something super new and unique, just answer the questions - how can I improve it? What will I bring from myself? Will I do it better than others?
Beginning Stream of Consciousness
How do you start the process of finding an idea? First, take a piece of paper and write Facts About Me on top. Write 5-7 things about yourself, what you are good at, what you do best. Your facts may include something like this: I get along well with people, I love children, I love reading, I love computers, I love counting, I love educating myself, I love helping people solve problems. After you have written this, number them by writing in a column on one side of the sheet.
On the other side of the paper, write down everything that you are bad at, what you don't like to do. Maybe you like marketing concepts, but you don't like meeting people, or you don't like studying with children, or speaking in public. Don't think too much, write down whatever comes to mind. After you finish, ask yourself: If there were 3-5 products that would help me change my life for the better, what would it be? Imagine your life as if you were a man or vice versa a woman, father, husband, mother, wife, parent, retired person. Identify products and services that make your life easier and more enjoyable. Be creative, think a little longer on this assignment.
Next, ask yourself the same question about business life. Test yourself, what you like, what you don't like about your business life, what people like or don't like about you, and why. Finally, ask yourself why you decided to do your thing.
Look around you
Take a business story as an example. There were very few fast food restaurants in one medium-sized city. T. there were regular cafes and restaurants, but this was not suitable for a quick snack or lunch break. To a couple of smart guys, this situation seemed very disappointing.
How do I find a business idea? A step-by-step guide to aspiring entrepreneurs
Are you planning to start a business but don't know where to start? The BusinessJournal administration offers you a proven way to find an idea for a business. Most aspiring entrepreneurs who want to start their own business think that this is some kind of unrealistic process. Everyone wants to start, but no one really knows how to start correctly. You will be surprised, but finding a suitable idea for a business is not so difficult as they paint for us in fashionable glossy magazines.
Before we get started, let's clear up an interesting point. The overwhelming majority of aspiring businessmen doubt that now is not the right time to start a business. To some extent, this statement has a right to exist. No one will dispute that it is better to organize a business when the economy in the state is growing. But organizing your business during an economic stagnation or recession is just as real. To be convinced of this, it is enough to conduct research in various fields of activity and everyone will see the full picture. That is why newbies in business do not risk starting a business during economic downturns, and you have an increased chance of making your business popular and in demand.
According to statistics, about 500,000 - 1,000,000 companies are opened in the United States every year. For one American there are up to a million of those who claim that he will start his own business this or next year, but after these words do nothing. Everyone has their own problems that prevent him from doing anything. As a rule, most aspiring entrepreneurs are afraid to start, as the possibility of making a mistake is very scary. For some it is very important to start from scratch. Give some people innovative ideas that no one else has done before.
Read also: “How to create a successful business? A step-by-step guide to a budding entrepreneur "
Where does the process of finding a business idea begin? To get started, take a pen and a blank sheet of paper in your hand, on which write in a column a few facts about yourself. It is not necessary to paint everything, 5-7 things are enough, in which you are especially good, and what you do best. Such facts may include: love for children, reading, communicating with people or computer technology, self-development and self-education. When you make your list, number it and write it down in a column.
On the other side of the sheet, write everything that you do not do very well, or that you do not like at all. There are situations when a person likes modern marketing trends, but you don’t like meeting people, or you don’t like children or public speaking. You should not think too much information for yourself; it is better to write down only what comes into your head.
When you're done with lists, ask yourself: If you could find 5 foods that could change your life for the better, what would they be? Ask yourself what services and products can improve or simplify your life. Be creative as you think about this task, just take your time to move on to the next step.
Read also: "How to start your own business: tips from professionals"
As an example, consider a small town with almost no fast food restaurants. There are plenty of ordinary cafes and restaurants, but there is no way to grab a quick snack during your lunch break at work. A smart entrepreneur will instantly use this circumstance in his favor. In this case, the ideal business option would be to open a restaurant with express delivery of quality food to the doorstep of home or work. And such a business exists.
Today, home delivery of food brings owners millions. Moreover, this simple business cannot be called creative or original. Due to the fact that there was zero competition at the start, things went very well. The essence is simple, the businessman felt the problem and provided a way to solve it.
One of the most effective ways to pick up an idea for a business is to listen to yourself, to your colleagues at work, relatives and friends. Do all the circumstances suit you in their environment? Believe me, you have a lot of opportunities to organize a profitable business, your task is to find them correctly and choose the right option. If your brain is busy looking for a business idea, then you will definitely find it.
Today we propose to discuss the following topic: "How to find an idea for a business." We have collected and prepared a complete description of the business model and invite yours to express your opinion in the comments.
How to find a business idea
I will never forget these long agonizing periods of searching for a business idea. At first glance it seems: “Why look for her there! Now I’ll sit for twenty minutes and find not one, but several ideas! ”
Aha, now! Have already found! You sit for an hour, two, three, like a ram you look into the distance and realize that you cannot see a sensible idea like your ears. So days, months, years pass, then old age sets in, and you are still looking for an idea for your business. And then your children, grandchildren, great-grandchildren will be looking for this idea. It looks like a search engine!
By the way, what if you create a search engine for finding business ideas? Hmm, an interesting idea. Okay, let's not get distracted, I'm looking for a business idea.
Yes, yes, so banal we pass by very worthy and promising options.
We simply do not notice them - we are busy searching.
I've noticed an interesting paradox. It happens that you are looking for a job - you are busy looking for it. Basically, the job search turns into the job itself. And now the long-awaited moment comes - you find a job! Joyful you come to your workplace at eight in the morning, and suddenly you feel somehow sad, bored and sad. You don't have to look for anything anymore - it's time to work. And so reluctant to work. Looking for a job is another matter.
That's the same with the business idea. Sometimes the search for an idea becomes the meaning of life. A person, in fact, no longer needs an idea, he is interested in the search process itself. So he is looking for her all his life, passing by sensible and very promising options. So, friends, don't make the search for a business idea the meaning of your life! For the search itself is just an intermediate stage between thinking and acting.
You can think as much as you like, but only real actions will bring profit.
Many people dream of starting their own business, but they just can't do it. Often, they cite the lack of a good idea as the main obstacle that stops them. In this collection, I offer you 10 simple tips that can help you find a good business idea and start your own business
Don't do anything, just go and get some fresh air
As a rule, most good business ideas are not born in conference rooms. The best business ideas often come to mind when you are spending time with loved ones, “spin the pedals” on your bike, watch your favorite movie, or just relax in some other way. At the same time, the habit of staying up late in the office is unlikely to lead you to something good. You'd better go and try something that you've never done before.
Don't try to come up with something revolutionary
When Brian Chesky and Joe Gebbia had no idea that Airbnb, the rental search service they founded, would become the hospitality industry's biggest competitor, providing 250,000 rooms in 30,000 cities around the world.
It is impossible to determine in advance that your business idea will revolutionize this or that field of activity. Founders of all successful businesses only realize this when they see rave reviews from early customers.
Focus on what you love with all your heart, not your means of making a profit
To illustrate this point, here is the story of entrepreneur Loic le Meur:
The most successful of the 6 startups I've run grew out of an idea that I never seriously considered starting a business.
Last year, my LeWeb conference brought together 5,000 entrepreneurs from 80 countries in London and Paris. This is a cool business that was recently acquired by Reed Exhibitions. When I launched it with my ex-wife Geraldin, all I wanted was to help entrepreneurs in Europe by providing them with a platform for successful development where they could find ideas, investors and key partners. Most entrepreneurs in Europe are too focused on their own country and language, so we decided to make the conference fully English-speaking from the very first day.
The first time LeWeb took place in the French Senate, which provided us with its building free of charge. I didn’t think of telling them that the event would be held in English.