How to brainstorm great business ideas?
Ghulam Abbas
9 replies
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Evince Development@evincedevelopment_
Generating new business ideas is an exciting journey filled with creativity and strategic thinking. Whether you're just starting out or looking to expand your entrepreneurial horizons, finding innovative solutions to real-world problems is key. Here is some AI Business Ideas you can think of: https://evincedev.com/blog/top-a...
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I usually try to reflect on what is a 'problem' I stumble on frequently which doesn't have an adequate solution for me. Afterwards, I tend to discuss this, to investigate whether anyone experiences the same issue, which helps me understand whether it appeals to a 'wider' audience or not.
Answer yourself how you would solve a particular problem.
WORK BACKWARDS FROM YOUR GOALs
EVALUATE THE POTENTIAL OF YOUR IDEA:
COST OF YOUR PRODUCT = $50
SIZE OF MARKET (TAM) = 50,000 PEOPLE
TOTAL VALUE = $50 X 50,000 = $2,500,000
MILLION-DOLLAR IDEA ? = YES
The Product I am launching tomorrow is all about this:
How to Brainstorm, from Idea to MVP to First Sale
https://www.producthunt.com/prod...
Only from getting insights after customer interviews. Otherwise ideas will be ideas and will never transform to ventures.
In my opinion good ideas are coming during the day or whenI go to bed. I try to directly write my thoughts down.
@marvin_maendle Yes, cool ideas often come at night
WeeBlok
If there is something that can ease someone's life, save time, save money or make money then it is already a business idea. Ideascome during the day, or in bed like @marvin_maendle said.
E.g yesterday I was trying to cover a a bowl with cling film, and I never manage to cut off a nice and clean bit of CF and cover the bowl, and when cling film gets stuck together, its already wasted. There must be some easier way to handle cling film 😢