Frosario13NFTEBOSS
How did you come up with your entrepreneurship idea?
Entrepreneurship is one of the first careers that comes up to m mind. I'm having trouble coming up with ideas #business #entrepreneurship
7 answers
Lisa Cuesta
Lisa’s Answer
Find a problem in your own life that you have and work to solve it. For example, when I was in college, I found that I was spending A LOT of time trying to find a good deal on textbooks and still paying A LOT for them. I would search on Google for the books I needed and then opened 10 different tabs (Amazon, Bookrenter.com, etc) to find which site had it at the cheapest price. The textbook price comparison site, book.ly made that process easier by aggregating the prices of my textbooks all on one site. When you solve a problem that you have, you are a customer of your own product - which makes it easier to know what your users will need/want and what will make for a better user experience.
Rebecca Tang
Rebecca’s Answer
I suggest you can consider approach below :
1. What industry you would like to run your business? E.g. what you have interest on, you strength, you have the capability, etc.
2. You can down a number of industries. Then, you can find out more on these industries and how it works. You can then shortlist a few industries you would like to take it forward.
3. Do some analysis on these industries, e.g. their business model, entry criteria, competition status, etc.
4. You can then shortlist 1-2 industries you would like to pursue.
5. You can attend the relevant courses to acquire the knowledge and skills. The best you can attend the course in the college.
6. Work in the industry. This can help you to understand the business process and establish the network in the industry
7. Start the business online if possible to minimize the startup cost.
Hope this helps! Good Luck!
Vivian Urata
Vivian’s Answer
Ideas come from life experiences. Most of the cool startup ideas come out of people trying to get somewhere or do something and realizing there could be a better solution. Also, running books on entrepreneurs can be helpful. Good luck. :)
Thank You for this Information
Dominique
Geoff Mamlet
Geoff’s Answer
Ideas come from your own life experience, yes -- but they also come from things you're passionate about. For your startup to be successful, it has to be built around something you care about deeply. Otherwise you won't be excited enough about it to get anyone else excited about it too. And if you can't get other people excited about what you're trying to do, it's probably not going to happen.
Thank You for this Information
Dominique
James Constantine Frangos
James Constantine’s Answer
ME PERSONALLY
1972 Commenced Programming Computers (ten languages)
1976 Started Studying Nutrition
1988 Graduated as a Dietitian
1994 Commenced Authoring Nutrition Education Software DIET WIZARD
1996 Learnt to Program in Microsoft Visual Studio 4, 5, 6, .NET 1 to 9
2014 Joined YouTube.Studio
Posted over 1,000 Promotional Videos on Nutrition Software
AI OPINION OF ENTREPRENEURSHIP VENTURE
I came up with my entrepreneurship idea through a combination of personal experiences, observations, and research.
Personal experiences: I have always been fascinated by the world of business and entrepreneurship. Growing up, I saw my parents start their own small business from scratch and watched them face various challenges and triumphs. This experience instilled in me a deep appreciation for the risks and rewards of entrepreneurship. Additionally, I have held various internships and part-time jobs throughout college, which gave me valuable insights into different industries and business models.
Observations: I also pay close attention to the world around me and observe trends and needs in the marketplace. For instance, I noticed that there is a growing demand for eco-friendly products as more people become environmentally conscious. This observation led me to consider starting a business that offers sustainable solutions to everyday consumer problems.
Research: Lastly, I conduct thorough research on potential business ideas using reliable sources such as industry reports, market analysis, and academic articles. For example, I read articles on emerging trends in technology and how they can be applied to create innovative businesses. By combining my personal experiences, observations, and research, I am able to generate viable entrepreneurship ideas that align with my interests and the market demands.
Authoritative References Used:
Small Business Administration (SBA) - Provides resources for starting and growing small businesses in the United States.
Entrepreneur Magazine - A leading source of entrepreneurial news, advice, inspiration, tools, events, and education for entrepreneurs worldwide.
Harvard Business Review - A premier business publication that offers insights into management practices through research-driven articles written by experts in various fields of business.
God Bless,
JC.
Akshat Pradhan
Akshat’s Answer
Don't force it upon yourself. Look around your environment and see how things can be improved.
Here's an example of my train of thought when I think of ideas.
Too many people are eating unhealthy burgers at McDonald's and should be eating healthier. That's a problem and I should investigate the market and see how many people WANT to eat healthier. If there's enough of a market, maybe I should create the World's Healthiest Restaurant.
Initially your ideas will sound stupid (like mine above), but after iterating through the ideas and investigating how to improve those ideas, you'll start to see how the pieces come together.
David Galvin
David’s Answer
Being an entrepreneur is an exciting adventure. Passion, hard work, patience, and a desire for lifelong learning are key. Firstly, I found I had a passion for helping those in the education industry, then it was validated by my drive to succeed more & more in this field. Lastly, I "listened" to what customers were asking for and continually never able to find. As a result I developed my organization based on what was missing in the market to help educators.
Give yourself time, try different things, and explore - listen and ask lots of questions among peers and mentors. You'll find your niche and then an idea. If your first idea is not on track keep trying until you find something that sticks for you and prospects. Good luck!
Thank You for this Information
Dominique