The primary challenge for an entrepreneur is often ensuring that he/she has a viable business idea, which
is largely dependent on the ability to identify a gap in the market that presents itself as an opportunity.
The first step for an entrepreneur, before starting a new company, is finding the right idea for the startup. The best way to get good startup ideas is not to try to think of startup ideas – that would be the wrong way to start.
The best way is to look for problems, preferably problems you have faced yourself. However, it does not necessarily have to be a problem you have experienced personally. It could be something you have seen other people, your friends or family, face regularly.
Why is it better to work on such problems? Among other things, it ensures the problem really exists. It sounds obvious to say that you should only work on problems that exist. And yet, by far the most common mistake start-ups make is to solve for problems no one has.
You should aim at solving a problem that you’re sure exists, and attempt to solve the problem, or attempt to recreate an experience that betters what an individual or a business would be going through today
- Hi, Writing a Business Plan is Much More than You Think !!!Author : Sunil Shah ( Founder : adviceyogi.com) When beginning a business, writing a business plan is sometimes seen by some as just a formality, but it should be much more than that. First time …
Hi, Writing a Business Plan is Much More than You Think !!! Read More »
- Unprecedented crisis : Solace in thoughts !Author : Sunil Shah , Founder : http://adviceyogi.com/ Yes!these are times of unprecedented …
11 thoughts on “Aspiring Entrepreneurs : The Logical first STEP”
I do not even know how I ended up right here, however I thought this post
was good. I don’t understand who you’re however certainly you’re going to a famous blogger in case you are not already.
I really like reading through an article that can make men and women think.
Also, thank you for permitting me to comment!
It’s going to be finish of mine day, except before
ending I am reading this enormous paragraph to increase my knowledge.
I am regular visitor, how are you everybody? This post posted at this site is genuinely pleasant.
What a material of un-ambiguity and preserveness of
valuable know-how on the topic of unexpected feelings.
Thank you, I’ve recently been looking for information about this subject
for ages and yours is the best I have came upon so far.
However, what in regards to the conclusion? Are you sure
concerning the source?
I’m impressed, I must say. Seldom do I encounter a blog
that’s equally educative and entertaining, and without a doubt, you’ve hit the nail on the head.
The issue is something which not enough folks are speaking intelligently
about. I am very happy that I stumbled across this in my search for something concerning this.
Hi there everybody, here every one is sharing these experience, thus it’s pleasant to read this weblog, and I used to pay a quick visit this weblog all the time.
Everything is very open with a precise clarification of the challenges. It was really informative. Your website is useful. Thanks for sharing!
Itís difficult to find experienced people about this topic, however, you seem like you know what youíre talking about! Thanks
Nice post. I learn something new and challenging on sites I stumbleupon on a daily basis. Its always helpful to read through articles from other writers and use something from their web sites.
Comments are closed.