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❓ASK Where to get idea about your business?

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Razor1911

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Before starting any business, it is paramount to have an idea about it. Idea consists of a well analyzed market, a properly drafted plan, managing sufficient capital for the business etc. Getting an idea initially is the most vital part.

It is advisable that before strating a business, we need to study the market. Make surveys in the market about what is the position of the market regarding our niche products etc. A time to time investigation will help to find out the negative points which can be altered to make our plan better.
 
Data gathering from time to time will give you the insight on the state of condition of businesses. The market may be fertile but the competition may be stiff. Research will give you the needed information.
 
The best way is to have a mentor. It can be physically or via social media, just have someone that is doing what you are about to do and learn from his experience. This will have tremendous effects on your business.
 
There are several ways in which you can get business ideas. You can get business ideas from your past work experience, you can get business ideas from people around you, you can also get business ideas form those that are already in one form of business or the other.
 
Some business ideas can sometimes come by instincts especially when someone is in a new environment. Studying one's environment and try to fill the gap in needed product or service that can be profitable. Online is also very important tool to get this.
Some people really do have an eye for business so they tend to do well in new locations. Sometimes all it needs is an outsider's perspective
 
Idea is something that can only be generated by yourself. When you start asking yourself about your strengths your interest. In which you can have a great future. Then you must go with it. I think we must do something that we are interested in doing.
 
Idea is something that can only be generated by yourself. When you start asking yourself about your strengths your interest. In which you can have a great future. Then you must go with it. I think we must do something that we are interested in doing.
Not just your strengths and interest both also examine them to know if the people around you are in demand for that which you are interested to offer. You should make sure what interests you is in high demand in your area.
 
What the thread topic suggest is different from what i am expecting on its body. I am on a lookout for where to get information sources for businesses. Nevertheless, a well laid plan translate to a functional business.
 
For already existing business , one may decide to learn from someone before starting , but if it is a novel business , then the person needs to figure out strategies to use.
Yes, you are right. It's rare to see a business that has not been existed before, common thing is to learn a business/skills when you want to establish.
 
This is then an opportunity for one to be able to create the new business in such a way that people will trust it and patronize you on it
 
Yes, you are right. It's rare to see a business that has not been existed before, common thing is to learn a business/skills when you want to establish.
Yeah you do have a point here. But while choosing a business skill to learn, it's best to look out for ones you have passion for. Atleast it will boost you chance of excelling in the business
 
Yeah you do have a point here. But while choosing a business skill to learn, it's best to look out for ones you have passion for. Atleast it will boost you chance of excelling in the business
Yeah, I agree with you. Passion plays a big role in making you learn anything much faster. It makes you concentrate more and you find that if you are passionate about something, you already know so much about it.
 
I get business idea majorly offline but I use online research to support my knowledge arround the business idea. There are lots of materials available online to get equipped.
 
Yeah you do have a point here. But while choosing a business skill to learn, it's best to look out for ones you have passion for. Atleast it will boost you chance of excelling in the business
You are correct. The best thing is to find a business/skills that you have passion for to learn more about it, so that it will easier for you to catch-up with it.
 
Yeah, I agree with you. Passion plays a big role in making you learn anything much faster. It makes you concentrate more and you find that if you are passionate about something, you already know so much about it.
Yeah, that's what am talking about. For some people who are lured into learning a skill they aren't interested in maybe to join your fellow peeps will only end up being stressed out by it.
 
You are correct. The best thing is to find a business/skills that you have passion for to learn more about it, so that it will easier for you to catch-up with it.
That's just the fact here. One need to examine oneself to discover his or her potential as a person and learn a skill that's in direction to that. Only then will he have the chance of making it big in the business
 
It takes a lot of critical thinking and thorough research on common problems encountered by people in your community, town or country. Thinking of ways to solve them or make the problem manageable through creating a product or services of value.
 
There are so many resources on various website online that you can use to find whatever information that you think will be helpful for you to be able to start your own business. You can also consult online forums and social media groups.
Yeah, you are right about online forums. They could be of a lot of help for this purpose, that's one of the ways I get to know about trending businesses
 
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