Looking for new ideas to inspire you to start a business?
Where do you find the inspiration for a great business idea? Where are they hiding? What can you do, and what questions can you ask to discover a successful business idea with the potential to really become a big, profitable, and impactful company?
1) Start With Why
Why start a business? There are many advantages. Though some benefits stand out more to some than others. Why start your own versus going to work for someone else?
After you’ve answered this, find your what. What industry is really big and interesting to you?
Who within that market can you help?
Follow these questions, answer them, and the business idea for a product or service will likely reveal itself to you in the process.
2) Personal Pain
What personal pain points, frustrations, and inefficiencies have you been experiencing in the course of everyday life?
The best startups and large companies are frequently born out of these personal friction points and a desire to stand up and do something about it.
When thinking about new ideas to inspire you to start a business remember that everything starts with yourself. With finding a struggle or a challenge that you want to address.
3) Talk To More People
Get out and network. Places like Meetup or even Eventbrite are super helpful to target conversations with new folks. Talk to more people everywhere that you go. Even if you are in quarantine or live on a remote beach on an island, you can be engaging with others online.
What are the common themes in their pain points? What is occupying their attention? What are their fears and frustrations? What are their common hopes and desires? What are they actually spending money on?
4) Analyze Online Trends
Even without speaking to people you can acquire and analyze large sets of data online. This is one of the best ways to discover new ideas to inspire you to start a business.
You can get answers to many of the above questions in moments online. What are the trends? What are the long term trends versus the fads? If you want to start up a business that lasts, versus make some quick money, you’ll need to understand the difference in what is not going to change, as well as the fads and features that might.
5) Stop Thinking About It
When it comes down to new ideas to inspire you to start a business, keep in mind that many of the greatest ideas and discoveries have come when legendary thinkers, scientists, and entrepreneurs have tried to clear their heads instead. Take a break, go for a walk, take a long bath.
One of the best ways to gain new perspectives and to get inspired is to travel. Ideally, you’ll be able to travel internationally and to new countries you’ve never been to before. See how they do things, and just witness totally new things.
If you can’t go by plane, go by boat, or train or bus.
If you can’t travel internationally, can you road trip across the country? What cities and states haven’t you been to yet? Have you been to the desert? Mountains? Beaches? If you can’t leave your state, how many places haven’t you been to in your own state yet?
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