Follow these points for generating excellent business ideas today.

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Idea Generation is inportant for a business, Source: Difference Between

This is a serious blog post. Read the story below, and learn about “idea generation”.

SERVICE OR PRODUCT

Source: Youtube(Steve Brown)

So, basically, it was 2018 when I felt motivated about starting something of my own instead of working 9-5 jobs. I worked previously in a bunch of engineering firms, and I felt all these jobs are not for me. I believe, I can do tremendous hard work, but not at a fixed time, time management for me is not the best. So, I thought of making money in some other way. I planned on offering customers SERVICE or PRODUCT in my following business plans.

HAS TO BE UNIQUE

Uniqueness is important. Source: HealthHosts

It was 2018 when I then opened an E-commerce business. One of the key points I learned while I opened the business, your business idea has to be UNIQUE. Uniqueness is very important, as people are looking for the best option all the time. Unless you upgrade an existing option and provide a much better option to your customers, they will always seek the best and experienced option. The customers won’t go to a newbie who started the business just a week back.

NEED OR WANT, DECIDE NOW

Source: Silver Unpolished

So, I planned on opening another business in the year 2019, and it failed because of legal issues. I tried my best to open it, going for investment competitions, but it failed in the legal sector. I am not disclosing here in the post since I am still working on it now, and it is something I am pretty hopeful about. But, anyway, the goal was to figure out things that can provide people SERVICE (NEED) or LUXURY (WANT). And, then at that moment, I realized, how the idea should work.

CUSTOMER GROUP

Source: Retail Customer Experience

After that, I came out with my new business in the year 2020, I started a tech company. I came to understand that the CUSTOMER GROUP for this business here in the city I reside in is huge. And, I focused on how to “sell” my products or services to them. This way, I am still continuing my business idea adventure. To learn more about business and entrepreneurship, go through my series, as I will discuss more these points throughout the posts.

In case if you want to check out my new business, I do make beautiful websites for people, my company is WebDevelopify.

WebDevelopify
www.webdevelopify.com

About Post Author

Arnab

Currently located in St. John's, Newfoundland, I am a Mechanical Engineering Student at Memorial University. I write blogs, create beautiful websites, promote businesses, take pictures for clients, do various designing (e.g, restaurant menu, promotions, card), and help businesses succeed! My website: https://www.webdevelopify.com https://www.arnabbrahma.xyz
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