Helping you find great business ideas 1: Customer Interview Define the target market in which you want to start your business. then: 2 1 Find people who fit your target market and ask them these questions: 3 What don’t you like about [insert competing product]? What do you like about [insert competing product]? What are the top three problems you have with [insert competing product]? Interview at least 20 people Ask 2: Ask Disruptive Questions Brainstorm solutions to the problems then: rself: u yo Find your Looking for Problem Statement Possible Solutions 50 questions exploring possibilities in 50 questions about the target industry the target industry in which you want to start your business in which you want to start your business Think: Who? What? Where? When? How? Think: Why? Why not? What if? How might? Select the best 3 questions and research for answers then: 3: Explore your Industry Please Note: This next section is only applicable if you have already worked in the industry in which you want to open your business. Make a list of: 1 2 3 All the industries you have worked in 50 questions about the industry 4 5 Inefficiencies you encountered while working in the industry Potential innovation Trends that may opportunities you impact the industry have encountered in the industry EVENT WORKSHOP FRESH PRODUCE TRANSPORT 4: Combine Ideas Create 3 columns on a piece of paper Customer problems Areas you have expertise in ask: How can expertise from another field help me create a new solution? then: How can I solve this problem using different kinds of expertise? New solutions to customer problems 5: Copy a Foreign Idea Visit the following: 1 International venture capital sites and browse their portfolios 2 International accelerators and view the graduate companies 3 Crowd-funded sites and look for well funded projects 4 Google search: “fast grow lists” To find the fastest growing private companies. 5 Research the winning ideas of international business plan competitions
© Copyright 2024