1 / 8

Generating Ideas

Generating Ideas. Generating Ideas. Most business ideas come from our experiences What is happening at work + What you know + What you could improve. (HRB, Entrepreneurship, 1999). Generating Ideas. Many ideas occur spontaneously Watching for them Open to them Recording them.

tanginika-morris
Download Presentation

Generating Ideas

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Generating Ideas

  2. Generating Ideas • Most business ideas come from our experiences • What is happening at work + • What you know + • What you could improve. • (HRB, Entrepreneurship, 1999)

  3. Generating Ideas • Many ideas occur spontaneously • Watching for them • Open to them • Recording them

  4. Generating Ideas • You can research opportunities • Calculate interest • Develop experience

  5. Generating Ideas • Meld needs with interests • What does the world need • What do many people need • What could many people use + • What do you like to do • What do you know how to do • What can you learn to do

  6. Generating Ideas • You should begin by: • Record your ideas in as much detail as possible • Brainstorm with trusted others • Take time to think about what you want to do • Do NOT edit your ideas or think them irrelevant before you even write them down

  7. Generating Ideas • There are many ways to: • Improve upon something that exists • Build a business in an existing market • Duplicate something that exists (but that you like to do) • Find new markets for existing products and services

  8. Generating Ideas • A business idea should be: • Something you like to do • Something that makes you money • Cash flow • Cash-out (exit strategy) • Something you can successfully do

More Related