How Do I come up with a Business Idea?
Some people seem to have an innate ability to come up with ideas, to see problems and then find solutions for them. For others it is difficult and a struggle to think of even one. Why?
There are a variety of reasons, lack of confidence, lack of commitment, but the most common is fear. Fear of making a decision. Fear of making a mistake. Fear of failing. If you never start then you can’t fail.
No matter who you are or how big or small your business is, figuring out what product to build and what services to offer is a huge challenge.
Great business ideas are all around you. You just need to be open to them. If you have no idea where to begin………….start here:
- Start with family and friends.
Have they ever thought of starting a business? If so, what was it?
Many people want to create a business entirely on their own, but if others can or want to help, let them. Why make it more difficult for yourself? Even if someone else comes up with the idea you are still the one implementing it and doing the work.
- What bugs you?
What would make your life easier? What software, app, piece of equipment, book, article of clothing, educational course, cooking utensil do you desperately need, but doesn’t exist? Can you create it? Chances are if you need it someone else does also.
- What are your interests?
Thousands of people have taken hobbies and turned them into successful businesses. Things like:
Sports (fantasy, baseball, football, soccer)
There is literally no end to the ideas. What do you like? What interests you? Sure it may have been done already, but not by YOU. You can put a different spin on your idea.
Think about it with your own hobby or interest. Do you only follow once source? One website, one teacher, one book, one TV show? Of course not, you get input from a variety of sources and so will your future fans.
Traveling opens your eyes to new ideas. You’d be surprised at the different way that other cultures look at things. You may discover new products, services or foods that you can develop, adapt and sell in your own country if you keep your eyes and mind open.
- Do it better
If a product that you have doesn’t work well or meet your standards, can you build a better one? Not everything has been invented and not everything that’s been invented has been created your way or the best way.
Everyone starts with nothing. Look at some of the companies that weren’t even around a decade or two ago, but now you can’t live without.
Ben & Jerry’s
These are just a few of the many companies that started with a dream, an idea and through persistence and hard work went on to become household names.
When you start coming up with ideas you will start to see them everywhere. Once the creative juices start flowing you will have more ideas than hours in the day to implement them.