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Billion $ Business Ideas

Billion $ Business Ideas. Presented by Roger Pierce NewcomerStartup.com. Types of ideas. Invention Combination Variation, Twist Done elsewhere, new here. Sources of ideas. Market Research Customers Copying & changing Inspiration, epiphany Hobby Personal experience.

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Billion $ Business Ideas

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  1. Billion $ Business Ideas Presented by Roger Pierce NewcomerStartup.com

  2. Types of ideas • Invention • Combination • Variation, Twist • Done elsewhere, new here

  3. Sources of ideas • Market Research • Customers • Copying & changing • Inspiration, epiphany • Hobby • Personal experience

  4. Best ideas are... • Easy to start by yourself • Inexpensive • Understood by people • Quickly generate cash • Scalable • Automated

  5. Billion Dollar Idea #1Baby Boomers • 10 Million in Canada • (ages 45 to 64) • Adventure travel experiences • Luxury items • Home renovation • Anti-aging • Personal assistance • Private healthcare!

  6. Billion Dollar Idea #2The Internet • Connect people (Lavalife, Facebook) • Sell products (Amazon, iStock photo) • Information (Google) • Broker (Craigslist, PayPal) • Sell content (Netflix,

  7. Billion Dollar Idea #3Financial services • Money advice (Bloomberg) • Micro loans (Money Mart) • Sell, rent, manage – boats, homes, vehicles • Transaction fees (PayPal)

  8. Successful ideas • Offer clear benefit • Serve a niche market • Can be managed by others • Healthy margin • Ride a growing trend

  9. Trends to watch • Mobile advertising • Training & education • Entrepreneurship • Cloud computing • Mass customization (Moo cards, iTunes, Dell)

  10. Websites • Trendingwatching.com • Entrepreneur.com • Canadabusiness.ca

  11. An idea is worthless • “Ideas are abundant. Execution is scarce.” • Build it • Sell it • Ship it

  12. Make your idea happen • How? • Business Plan • Share idea with others • Set goals • Focus • Persistence

  13. Billion $ Business ideasTHANK YOU! Free advice at NewcomerStartup.com

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