Browsing Tag

business idea

25 posts
business idea
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How to Spot the Difference Between a Million-Dollar Business Idea and a Dud

The startup life is built on the notion that anyone has the power to make it big with the right idea and a lot of hard work. Technology continues to level the playing field for innovators and creatives, providing new opportunities for ambitious entrepreneurs. Entrepreneurs must be able to communicate their stories quickly and effectively...
business idea
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7 Steps to Turn an Idea Into a Successful Business

As Albert Einstein once said, “In the midst of every crisis lies great opportunity.” In the business world, every successful idea and venture has stemmed from an opportunity — a circumstance that someone acted upon. For some, this idea stemmed from a problem or, as Einstein said, a crisis. For others, it stemmed from a...
new business ideas
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3 Step Process to Rapidly Test New Business Ideas

I don’t lack business ideas. I’m known to pepper my friends with, “What if you could just...” or “Wouldn’t it be great if...” so often that they’ve learned to just sort of nod and tune me out when I get started. It’s become a vicious cycle. First, I’ll fall in love with my latest product...
side hustle
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Idea to Income: Your 27-Day Plan to Side Hustle Success

Author, speaker and entrepreneur, Chris Guillebeau, is the host of the Side Hustle School podcast and the author of several bestselling books, including "The $100 Startup" and "Born for This." In his book, "Side Hustle," Guillebeau teaches you how to get your side hustle idea out into the world and make a profit in less...
business idea
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10 Steps to Develop Your Winning Business Idea

You have an idea that you think could be a great business opportunity. You’ve run it by your friends, family and colleagues, and they all agree that this idea has merit. Now what? Before you launch your business, you’ll want to do some research and test the market to prevent building a business around a...
business plan
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How to Draft a Business Plan for Your Startup

You’ve determined that you have a viable business idea, and are ready to launch your startup. However, before you can begin selling your offerings or even consider incorporating the company, you’ll need to draft a business plan. Traditional business plans are generally anywhere between 30 to 40 pages long, which can feel intimidating to novice...
entrepreneur
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Ready to Become an Entrepreneur? Ask These 5 Questions First

Entrepreneurship, to an outsider looking in, may appear exciting and glamorous. Business owners get to set their own schedules, work at their own pace and follow their dreams. It’s so appealing that many envious individuals (with an idea and an entrepreneurial mindset!) may feel like it’s time to ditch their 9 to 5 jobs and...
pretotype
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The Right It: Why So Many Ideas Fail and How to Make Sure Yours Succeed

The following is excerpted from "The Right It: Why So Many Ideas Fail and How to Make Sure Yours Succeed." Copyright © 2019 by Alberto Savoia. Reprinted with permission from HarperOne, an imprint of HarperCollinsPublishers. The Fake Door Pretotype The name for the Fake Door pretotype comes to us courtesy of Jess Lee, who at...
questions
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5 Questions to Ask Yourself Before Starting a Business

When I launched my business 35 years ago, I had a strong business idea and motivation to work for myself. I also had so many external challenges and worries facing me from the get-go. Could I do this? Should I do this? Do I have enough startup cash? What if I fail? In today’s startup...
profitable
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7 Steps to Turn Your Great Idea Into a Profitable Business

The world can always use more great ideas that foster changes and improve lives. But, what would be even better is if those ideas were turned into profitable businesses that provided a product or service for the benefit of others while helping the founder realize his or her dream. To do so requires knowing the...
business idea
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7 Sure-Fire Signs You’ve Discovered a Strong Business Idea

At this point, you might have invested years into researching and exploring your business idea. On the other hand, your venture’s topic could have come to you overnight. Regardless of how your idea came to you, you’re ready to take the next step. You’ve come up with a business idea, and now you need to...
validate
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How to Validate Your Business Idea

In my last post, I talked about how you can generate business ideas. Now, I would like to share some methods on how you can validate your ideas to see which ones you should pursue as a business. In my experience, most businesses don’t fail because they are undercapitalized, but because not enough research, testing...
Business Idea
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How to Generate and Execute Your Next Business Idea

Millions of ideas float around every day but are never realized. What separates entrepreneurs isn’t the ability to generate a good business idea, but the passion and discipline to execute. If you are struggling to come up with an idea, don’t worry. I’ve used the four methods below to generate hundreds. Become more observant As you...
good business
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Will Your Good Idea Be a Good Business?

A good idea and entrepreneurial spirit are certainly required if you want to establish a new business. But many entrepreneurs find out the hard way that the most critical success factor is opportunity. Great ideas arise all the time, but as a potential business owner, you must be able to translate your idea into a...
Startup idea
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4 Steps to Researching Your Startup Idea Before Writing a Business Plan

When you come up with a new startup idea, it’s natural to get excited. You want to get things moving quickly, and you start envisioning what life would be like if you were in charge of a massively successful organization. Unfortunately, before you even start looking for a domain name, you’ll have to begin the grunt work...
validation
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Competitors Are Not Your Enemy – Part 1 – Validation

Looking for Validation This is the first article of a three part series that discusses why "Competitors Are Not Your Enemy." Many people think of competitors as the enemy. Not necessarily true. Listed below are three ways that will be discussed and how they can help you beginning with validation. This article helps you to...
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jexbo grows with PR-Jill Exler’s Interview-Part 2

On Tuesday, I introduced you to fellow entrepreneur Jill Exler. When Jill had a challenging time publishing her own book, she decided to create a business to help others. Today, self-published authors can sell their books at www.jexbo.com, and readers can find unique books and communicate directly with authors. Jill used publicity to help start...
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MRI: inspiration for small business opportunities

My brain is magnetized today. Actually my whole body is - I had my very first MRI this morning at 6am. I was warned in advance about the claustrophobia thing and that turned out to be no big deal for me. I'm not saying that I enjoyed lying still in a tube for 30 minutes,...