Business ideas emerge from everyday life. For example, they commercialize their hobby. Or, they observe the problems people face and then offer products to provide them with solutions.
Basically, business ideas are plentiful and it’s not hard to find them. However, not all of them deserve to be commercialized. So, the real difficulty when starting a business is finding a viable business idea.
How to judge an idea is feasible or not? Beginning entrepreneurs may have to spend some time trying to find answers.
On the other hand, mature entrepreneurs can be one step ahead of ordinary people or beginners. They have a kind of sense when it comes to a business idea. They can quickly determine whether the business idea is feasible or not.
How do business ideas arise?
There are many entrepreneurs around us. So, there are many ways to capture brilliant business ideas. The question is, where do entrepreneurs’ business ideas come from? How did they find it?
In general, entrepreneurs’ business ideas come from their daily lives. It could be intentional or coincidental.
Then, how entrepreneurs offer solutions, there are two types of entrepreneurs. Some entrepreneurs come up with ideas and offer completely new solutions. Others …