How do you find a business idea to start with ?

by Ashvini on October 29, 2010 · 2 comments

in Entrepreneurship

One of my friend once told me
“Its great that you started your business. If I were to start my venture, I do not know what would it be.”

The moot question is

“Where to get that 100million or even 10 million $ idea?

Answer is

“Not many people know”

Some people read trends and some consult astrology. Some ask around. There is no shortcut answer to it. In my opinion, ideas come because you observe.

If you see someone gardening and observe the process, you will be tempted to get them some tool to make life easier.

The point of entrepreneurship is all about observing and looking for improving things. If that is by developing new tools or using existing tools in innovative ways, it is entrepreneurship.

So how do you get your idea? Observe, look for pain points. Look for things that you can change for better. Look where your expertise can help. Visualize how would people do things once they possess the knowledge you are imparting.

Now look around and see what things you can change, create or improve. Is there anything that is not an opportunity?

About The Author

{ 1 comment }

Veronica Cervera December 18, 2011 at 1:18 pm

In my view, being a millionaire is a matter of luck. People have all sorts of ideas. Even the great ideas produced by some of the wealthiest people originate from very humble beginnings. Not even Bill Gates, Steve Jobs, or Mark Zuckerberg have thought that their ideas would make them billionaires. But since they have the passion for what they do, they became the greatest in their field. That usually pays off financially.

Comments on this entry are closed.

{ 1 trackback }

Previous post:

Next post: