4 Ways To Find Great Business Ideas 

Developing a viable business idea might be challenging if your thoughts are interrupted by consistent noise. Noise comes differently. It may be noise in the form of worry about being cash-strapped! We’d be lying if we said you didn’t need money. Of course, you’ll need money, although the quantity might not be as large as the noises have suggested. Let’s look at some essential strategies for developing a winning business idea. You might have been sitting on a gold mine without realising it.

Strategy #1 – Be a Trendsetter

Return to the village and discover valuable techniques for processing, creating, and storing everyday items. Revert to the digital domain and research new techniques and technology to complement that skill. You’ll be astonished at how much creativity may be sparked by integrating traditional indigenous knowledge with modern technological breakthroughs. Several countries that are now self-sufficient followed this strategy. Look for anything that fascinates you and explore it from this perspective.

Strategy #2 – Learn using Books and Documentaries

We understand that everyone must get basic knowledge through systematic education. You may, however, need to learn beyond the traditional four walls. Maintain your “strong desire to know” and expand your viewpoint. Self-teaching, learning by doing, and studying precisely what you want are just a few ways to advance your business career. However, don’t restrict yourself to fiction while picking what to read or watch. Real-life experiences, documented anecdotes, and research are all great ways to tap into a collective knowledge pool. When you view a new documentary film, you may be amazed by the ideas in your imagination. Thanks to books and movies, one of our students finally grasped what a trademark, patent, and copyright were. He immediately discovered that emailing oneself can help you protect some of your work. When you start exposing yourself, you’ll see that you know more but also nothing.

This strategy is vital! 

Strategy #3 – Listen More, Argue Less

We always surrounded ourselves with individuals who shared our ideas. Is this, however, a good thing? Many mentors will advise you to surround yourself with like-minded people. The truth is, you will never be able to broaden your thinking if you can only accommodate the thoughts of individuals similar to you. Allow yourself to hear opinions that may or may not agree with your own. It does not imply that you will suddenly follow that notion or lose control of your own. However, it allows you to better understand things by looking at them from many perspectives and dimensions. We are offering you an open invitation to find ideas. Maybe the viable idea you seek is a blend of yours and others.

Strategy #4 – Break free from your assumptions.

When individuals complain that they don’t have any ideas, we encourage them to broaden their perspectives. The first step is to discover more about the issue outside your area and community and how others dealt with it. For inspiration, consider how other entrepreneurs are tackling the problem you’re attempting to solve. Thankfully, the internet has made it feasible to do previously impossible research. This access is one of several ways to break away from the noise that says “it’s impossible”. Janie started a clothing and printing business by publishing mock-up business cards and clothing on her social media to attract potential customers. This client would eventually have to drop their own money for her to produce the job. It may be a very effective weapon if you gain control of your thoughts.

To wrap it up, it is undoubtedly tricky economic times, and you perhaps have bills to settle. To cover the immediate expense, we propose getting a less demanding job and using the time saved to grow your business. Getting a position to pay your bills does not entail performing your responsibilities ineptly. Look, if you can’t invest genuinely in someone else’s business as an employee, don’t expect to be able to invest in yours. It would help if you viewed it as a learning experience when you ultimately venture out independently.

More ways to find great ideas >

You want your idea to be authentic? Read this >

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We created our one-stop digital incubator app to bridge knowledge and service discrepancies for African students and Savvy entrepreneurs looking to start a business. Get the app (Android version) here. For IOS users, a web app is available here at https://tribe.joadre.com. Sign up for our newsletter here to get consistent resources via email. If you want to contact us, use our contact form or consult us through the app. 

Thank you for reading to the end. 

Cheers

Joadre Editorial
Joadre Editorialhttp://www.joadre.com
Joadre Editorial team is an international mix of experts in the field of human rights, entrepreneurship and global politics. We are passionate to educate and create equity for Africans and the Africa continent.

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Finding the right business idea is all about finding a problem you are passionate about to solve. Look deeper into the service industry as there are many opportunities there. Service industry does not really require high capital, and your fixed cost could be as low as zero if you work from home. Ok, maybe internet cost and transportation, some advertising cost and setup of company.