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#Conduct preliminary consumer research. While market research is usually only used after you have an idea, you can do some early research to discover what people value. This can help you come up with an idea based on people's wants and needs.[[Image:Come Up With a Business Idea Step 6.jpg|center]] | #Conduct preliminary consumer research. While market research is usually only used after you have an idea, you can do some early research to discover what people value. This can help you come up with an idea based on people's wants and needs.[[Image:Come Up With a Business Idea Step 6.jpg|center]] | ||
#*Investigate the internet and see what common keywords or internet searches are. This will show you what people search for most often, which can spark and idea for you. Read [[Find The Most Searched Keywords]] for simple ways to do this. | #*Investigate the internet and see what common keywords or internet searches are. This will show you what people search for most often, which can spark and idea for you. Read [[Find The Most Searched Keywords]] for simple ways to do this. | ||
| − | #*For more involved method of finding popular keywords, you could use a service like [https://adwords.google.com/KeywordPlanner Google Adwords] or [http://advertise.bingads.microsoft.com/en-us/cl/13518/affiliateprogram?s_cid=en-us_smb_a_cj_2203897&afsrc=1 Bing Ads]. These also analyze search engines and find common searches. | + | #*For more involved method of finding popular keywords, you could use a service like [https://adwords.google.com/KeywordPlanner Google Adwords] or [http://advertise.bingads.microsoft.com/en-us/cl/13518/affiliateprogram?s_cid=en-us_smb_a_cj_2203897&afsrc=1 Bing Ads]. These also analyze search engines and find common searches. |
#Apply your skills to a different field. Another way to come up with a new product or service is to use skills you've acquired elsewhere. Oftentimes, you can creatively apply skills learned elsewhere to improve a completely different field. Leo Fender, for instance, worked as a radio repairman. He used his skills in electronics and amplification to build the first electric guitars. When considering your business ideas, take all of your skills into account. You may have a certain talent that will revolutionize a different field.<ref>http://www.entrepreneur.com/article/225513</ref>[[Image:Come Up With a Business Idea Step 7.jpg|center]] | #Apply your skills to a different field. Another way to come up with a new product or service is to use skills you've acquired elsewhere. Oftentimes, you can creatively apply skills learned elsewhere to improve a completely different field. Leo Fender, for instance, worked as a radio repairman. He used his skills in electronics and amplification to build the first electric guitars. When considering your business ideas, take all of your skills into account. You may have a certain talent that will revolutionize a different field.<ref>http://www.entrepreneur.com/article/225513</ref>[[Image:Come Up With a Business Idea Step 7.jpg|center]] | ||
#Write down all your ideas. Every idea, no matter how small or how seemingly pointless, could have value. Get into the habit of writing down every idea you have in a notebook. Carry this with you at all times, because you never know when inspiration could strike. This way all your ideas can be kept in one convenient place. Flip through it regularly to see if you can expand on any of what you've written down.<ref>http://www.businessinsider.com/simple-tricks-to-come-up-with-big-ideas-2014-5#keep-careful-track-of-your-ideas-and-refer-back-to-them-when-youre-stuck-5</ref>[[Image:Come Up With a Business Idea Step 8.jpg|center]] | #Write down all your ideas. Every idea, no matter how small or how seemingly pointless, could have value. Get into the habit of writing down every idea you have in a notebook. Carry this with you at all times, because you never know when inspiration could strike. This way all your ideas can be kept in one convenient place. Flip through it regularly to see if you can expand on any of what you've written down.<ref>http://www.businessinsider.com/simple-tricks-to-come-up-with-big-ideas-2014-5#keep-careful-track-of-your-ideas-and-refer-back-to-them-when-youre-stuck-5</ref>[[Image:Come Up With a Business Idea Step 8.jpg|center]] | ||
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== Sources and Citations == | == Sources and Citations == | ||
{{reflist}} | {{reflist}} | ||
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