To startup, the first thing you need is an idea. So if you
really want to start a venture, how should you generate one? Here are some
common places where you can start.
Search Engines:
If you type business ideas or business opportunities, you will get a number of results
with a list of ideas on them.
Look Internally:
Identify what skills you have and try to know who you can serve using these.
Then you can try to make a business model around it.
Look Around You:
If you look around you carefully, you will be able to list down a number of
things you do daily or on a regular basis. Identify one such thing which you do
with difficulty and which can be done in an easier way. That can lead you to
the idea you are looking for.
Latest News: Latest
developments lead to potential business opportunities.
Research Reports:
Read about different Industries and their structures. This might give you an
insight into a gap which may exist.
Networking/Communities:
Attend events and meet as many people as you can. You do not know when you meet
someone who can suggest some opportunity to you.
Do
these for a while and keep listing down any interesting opportunities you come
across. Identifying a good idea is a time consuming process. Finalizing a
particular idea should not be rushed into.
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