Indicative Content 3.2: Identification of Business idea.
WAYS TO IDENTIFY BUSINESS IDEAS
1. FIND OPPORTUNITIES IN YOUR OWN COMMUNITY.
Though cultures and languages may vary, many of the challenges facing our world are similar across.
2. DRAW UPON YOUR OWN PERSONAL EXPERIENCES.
Many of the most powerful world-changing ideas come from the experiences and challenges an entrepreneur has faced in his or her own life.
3. LOOK FOR IDEAS THAT GET OTHER PEOPLE INVOLVED.
Many of the most successful world-changing ideas don't just offer a new product or service. They seek to change the way people approach their day-to-day living. Changing someone's mental outlook will have a far greater reach and impact in the long run.
4. GO OUT OF YOUR WAY TO ASK OTHERS HOW YOU CAN HELP.
Coming up with ideas on your own isn't always easy. That's why brainstorming has consistently been found to be such a powerful tool. You may be struggling to come up with a world-changing idea. But there could be plenty of people around you who have great insights that can lead you in the right direction.