Coming Up With A Life Changing Business Idea

Do you dream of being an entrepreneur? Many people have the same dream as you. The only problem? They can’t come up with an idea to help support their dream! It’s all well and good picturing yourself at the head of a conference table, but do you have the right idea to make it a reality? These tips will help you:

 

Make A List Of Things You Like To Do

 

Although you want to come up with a life changing business idea for everybody, it’ll definitely benefit you to come up with a list of things you like to do. Write a list as long as you like, including everything from gardening to going to gigs.

 

Write A List Of Problems You Commonly Come Up Against
When you’ve got a list of things you like to do, write down any problems you commonly come up against when partaking in these activities. Write down everything you come up with, even if you haven’t got a good enough idea yet. Something else may stem from that. You can also include any problems you come up against when doing things you don’t like to do as much. Just write down all of the problems you’d like solutions to down.

 

Take A Walk With A Notebook

 

Go for a walk with a notebook and write down all of the problems you find. This could be absolutely anything, from looking at people, stores, billboards, whatever you see on your journey. Try to take your time and make the list as long as you can.

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Speak to 25 People About Their Problems

 

Now, you need to speak to at least 25 people about their problems. You can do this many different ways. You could try speaking to people in coffee shops or on the street. You could ask colleagues and family members. You could even cold call businesses. Once you have 25 people and their problems written down, you have plenty of solutions you can try to come up with.

 

Get Validation For Your Idea

 

Everybody thinks their own ideas are unique and amazing, and are usually blinded by love for their idea. But you need to get validation from other people to make sure your idea is actually viable. You can do this by conducting surveys, or even cold calling again. Once you know an idea is worth pursuing, it’s up to you to do the rest! You’ll need to contact suppliers, source materials, and maybe even find staff/a business premises. It’ll also be important to take care of the legal side of things, such as trademark consultants and the like. Make sure you don’t forget anything important, as it could make or break your business. Many copycats are out there, so beware!

 

What Sort Of Business Do You Want?

 

Think about the kind of business you want, so you can carefully select the types of problems you’d like to solve. You might come up with a fabulous idea that isn’t necessarily in a niche you’re big on, and that’s fine. But it’ll always be way more fun if you can come up with an idea in the niche you like!

This article was provided by ellie jo

Coming Up With A Life Changing Business Idea