What Are The Best Ways To Think Of Ideas For A Startup? 2020

What Are The Best Ways To Think Of Ideas For A Startup?:- So what do you do if you don’t have The Best Ways To Think Of Ideas For A Startup?  Many people want to have a startup idea, to become an entrepreneur, with visions of being their own boss, and making lots of money (for them or others). But how do you find a good idea?

The way to get startup ideas is not to try to think of startup ideas. It’s to look for problems, preferably problems you have yourself. – Paul Graham

What Are The Best Ways To Think Of Ideas For A Startup?

The best way to find a good idea is to try and solve a specific problem or pain you have.  Look at what is out there, see if there are others with the same problem, and see if you can actually develop and build a solution.

If you have a problem, and that problem is shared by others, you may be on to something.  If no one else shares your problem, or it is not a big enough problem, you may find that there will not be the market for your solution.

You need to make sure to ask lots of different people, not just your friends and family (who invariably say, “That’s a good idea”, in order to not hurt your feelings).

It is better to have a small group of users who really want your solution, than a large group of users who are only mildly interested.

For example, do you want a:

• Fun or hobby-based business (e.g., making bracelets to sell on Etsy)
• Part-time lifestyle business that could become full time (e.g., running a wine-investment club)
• Full-time startup hoping for acquisition exit in 3-5 years (e.g., It’s like Airbnb for fish, get it?)
• Large, cash-flow positive business (e.g., B2B furniture import and delivery business)
• Path to industry credibility and networking over financial gain (e.g., scriptwriting peer-training exchange for aspiring comedy writers)

Create a new spreadsheet and write down your goal in the first tab. It may seem like overkill now, but if you take a break from this project, you’ll want to be able to have it as a frame of reference when picking it back up.

When you have an inspiration for a startup, raise yourself: WHO needs this right now? WHO needs this most that they’re going to use it even once it is a shitty version one created by a two-person startup they’ve ne’er detected? If you cannot answer that, the concept is maybe unhealthy. RELATED:-Entrepreneurs: born that way or raised?

Other points to contemplate once finding startup ideas:

What does one would like? ideas come back from wherever there’s a need, whether or not in a very current job or in your lifestyle. perceive your peers and see if {they have|they would like a} constant need.

Think Big. Is your plan scalable? Have a target, which can be quite slender to begin, however, be able to broaden your scope as your plan develops.

Be the sort of one who has nice ideas. Be smart in your field, thus you’ll be able to realize and exploit the gaps. Live and inhale the sphere you wish to form a startup, and you’ll begin to note the opportunities. sleep in the long run, so build what is missing.

Be a technician. currently, this does not apply to everybody, however, you’ll stand a way higher probability of obtaining a technical school startup off the bottom if you recognize what you’re talking concerning. conjointly being getting ready to produce revisions on your own suggests that you may get to a player (Minimum Viable Product) abundant faster. Hack as usually as you’ll be able to.

Open your eyes. Notice what’s there, and realize what’s missing. it’s going to be obvious, otherwise, you may have to seem onerous, however, it’ll be there. Be curious, raise queries, observe. If it bothers you, check up on it. you may get on to one thing. Entrepreneurs: born that way or raised?

Give yourself time. Rome wasn’t inbuilt daily, and smart ideas would like time to bake. simply be prepared.

Learn by doing. If you wish to be AN enterpriser, get out there and do one thing. become involved in cool comes, programming, knowledge domain events. Broaden your mind and meet folks from all backgrounds. visit add an apparently unrelated field.

Don’t be terrified of the competition. It suggests that you’re on to one thing. Unless your competition has the market trapped utterly with an awfully glad client base, there’s continuous space for a new. consider what they’re doing, and create it higher. RELATED:- 5 Biggest Challenges Small Business In INDIA

Follow these points, and you stand an honest probability of noticing the plain.

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