What makes a good business idea? Good business ideas are only good if they are likely to lead to a profitable and viable business. In other words, they tap into a market opportunity. We all have all sorts of ideas (all the time if you are like me 🙂 ) but not all of them […]
My formula for an Outstanding Startup: Step 1 – Increase your Odds with a Good Business Idea
This is a post that is long overdue. The formula in the picture summarises my whole philosophy about what is needed to create a successful business. I probably don’t need to say any more – just leave you with the picture. But for those of you who like details, I’ll expand below. The startup formula […]
Why creativity is essential to your survival as an entrepreneur
Creativity and Ideas tend to get a bit of a bashing these days in the startup world. This tweet I received the other day expresses the sentiment well. “Susan: Ideas are a dime a dozen. Finding a great co-founder and building a great team is 10x more important than the Idea.”  While I agree that a […]
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 […]
Startup tip #11: Create and innovate in the car
Use your time in the car as a creative brainstorming session for your business. A voice recorder would be handy to capture your ideas. For more on creativity in business have a look at Mark Suster’s post here: Get a startup tip daily on Facebook.
