Tuesday, 16 August 2016

NINE WAYS TO DETERMINE A BRILLIANT BUSINESS IDEA



Everyone has an idea, that’s easy. However, to come up with a brilliant idea is the challenge. How do you know your idea would be a hot cake in the market?
NO ONE ELSE IS DOING IT.
Wow, you can think of something no one has ever done? You must be a genius and you are meant to rock. Go on with it.
SOMEONE ELSE IS DOING IT BUT NOT LIKE THIS.
Again, you can put a torch of uniqueness to your idea to stand out of the crowd. Bingo, you just won yourself a business lottery.
IT SOLVES A PROBLEM
If your idea doesn’t solve a problem, then dump it! It is dumb. Your idea must someway meet people’s need and if yours does, then you have a customer already. Start selling to them, you rock!
IT CAN BE FUNDED.
Check what you have and what you can get before you think. A good idea that cannot be funded will only render you as a mere dreamer. Be realistic and pursue an achievable goal.
IT SOLVES A VERY SPECIFIC PROBLEM
If your idea is good for some certain people, then you should be sure they would see your product as a savior. But you have to be careful in order not to produce for a niche that is too small.
STRANGER SAYS IT IS A GOOD IDEA
When someone doesn’t know you and yet commend your idea, the person is obviously saying the truth.
A TRUSTED PERSON SAYS IT IS A GOOD IDEA
They have always been telling you the truth and this is one of them.
IT IS EASY TO UNDERSTAND
An idea that is easy to understand by other people means it will be easy to sell and investor will be easily interested.
YOUR HEARTH IS IN IT
Passion is everything; get it done.
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NINE WAYS TO DETERMINE A BRILLIANT BUSINESS IDEA

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