business ideas // Posts tagged as "business ideas"
Startup Tip 36: Capture new business ideas & make them work for you
What difference would it make to your business, if you could tap into a never-ending source of new business ideas? What if I told you that you already had such a source that is always throwing new ideas at you? All of us have a phenomenal gift – our brains. Our brains will come up ...
Why having a bad business idea is a good thing
Aspiring entrepreneurs have two big questions: How do I come up with a good business idea? How do I know if my idea will make a successful business? In addition to this, most new entrepreneurs expect their first business idea to be a great one. I did too! However, now I know that in my ...
Why doing what you love is not enough
Have you heard statements such as “Do what you love and the money will follow” or “Be passionate and you will be successful” ? I think they are misleading. Not because they are not true, but because they are only a third of the truth. Here are the things I think you should keep in mind when choosing a business to start (or a career):
6 Free (or low cost) ways to test your business idea
I am a great advocate of testing your idea in the market if possible prior to launch. The benefits of doing this are that you get a lot of information that will help you build a strong business. Here are some ideas to help you do just that.
How do you know if you have a great business idea?
Before starting a business, most people wonder if they have a good idea. ‘Good’ is an ambiguous term. It comes laden with assumptions – which could be different from person to person. So I thought I would elaborate on what, for me, a good business idea entails.
Steps to starting a business: Part 1 – Finding and Developing an Idea
There’s basically 3 steps to starting a business. Completing all these steps before you launch your business gives you the best possible potential for success. Leaving out one of these steps will affect your business negatively – it could mean your business is not as successful as it could be, cost you a lot of money because of mistakes or ultimately force you to close your doors.
‘I’ve got a great business idea – can I sell it?’
"How do I sell my business idea? I have a great business idea but I want to sell it to someone rather than build a business myself" - Sorry to dampen your enthusiasm, but this is not the way things work. Ideas are nearly worthless. It’s execution that creates value. People don’t buy ideas – they buy income streams.
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