Tag: Business Idea
How to Use Sneaky “Psychic Powers” to Validate Your Business Idea
When you start a new business, you have to know what product your potential clients want first — then, you can build it. And even more importantly than simply knowing what they want, you have to know what makes your service/product/idea DIFFERENT. This is called a USP (Unique Selling Proposition). I created a great USP […]
Is Your Business Idea Lame or Awesome?
We’ve all been through moments where it seemed like we’ve landed on an idea that will make us millions of dollars. Sometimes though, our ideas are not as great as we think they are. Anyone remember the infamous Edsel car circa the 1950s? How do you work out whether your idea is awesome or awful? […]
6 Questions to Find Out If You Have a Killer Business Idea
I am a venture capitalist and so I have the privilege of meeting a lot of entrepreneurs, each with their own brave idea of how they will change the world. Without exception, the best entrepreneurs know instinctively their place in the eco-system in which they operate, their own strengths and weaknesses and their plan for […]
7 Tips to Generate the Perfect Business Idea
Coming up with a solid idea was the hardest part of starting my business. The National Science Foundation estimated that our mind produces as many as 12,000 to 60,000 thoughts in a single day. It’s hard to even know where to begin. You may be one of those people that have tons of ideas or […]
Crowded Market: Is There Room For Me?
About two weeks ago I took a call from a woman who was slightly frazzled. She had recently left her corporate life where she was chained to a desk and taken the leap to create and launch her own business – a hair dressing salon. This was actually a pretty unique call. Usually I receive […]
How to Come Up With A Foolproof Business Idea
Lots of articles, blogs, and other entrepreneurship resources can provide helpful templates for assessing whether or not an idea could be a viable and valuable business, but there are not as many helpful techniques for how to come up with ideas that meet the criteria. There seems to be a common misconception that all entrepreneurs […]
Stage 01 – The Business Idea
See the first article in the series: Stage 00 – The Story Behind the Entrepreneur The idea was not actually that simple… it required me learning new software and going out on numerous photography expeditions to capture amazing photos of my favorite cities… but it was an idea. The initial concept was ‘design a book that […]
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