No business can thrive without the discovery of a great idea. But, then again, an idea needs to undergo proper development to transform into a successful business venture – else your unpolished idea dies a quick death. In this article, we will talk about how one can turn an idea into a business.
2. No business can thrive without the discovery of a
great idea.
3. But, then again, an idea needs to undergo proper
development to transform into a successful business
venture – else your unpolished idea dies a quick death.
4. Much before you start scribbling down your business
plan, there are several brainstorming levels that lead
you down to creating one.
5. Hence, you have to start by assessing the possibility
of your idea to turn into a successful business
enterprise.
7. Passion matters – if you are not passionate about your
idea, it is impossible for you to turn it into a
reality.
8. Take the iconoclastic thinker, Steve Jobs, instance.
The motto of his life was to ‘Think Different’ – he
believed in it with all his passion and worked towards
it. That’s how Apple came into existence.
9. If you won’t believe in your product, why should
someone else?
11. Good ideas come from the discovery of customer pain
points that has the potential to be solved by bringing
a product into existence.
12. Let us take and example of how Google came into
existence. Larry Page and Sergey Bin faced ample amount
of difficulty to find things on the Internet.
13. This problem discovery was followed by rigorous
brainstorming to come up with the concept of page
ranking based on inbound link analysis. And there –
Google was born!
14. Basically, Larry Page and Sergey Bin discovered the
customer pain point which led them to create a
disruptive new technology that had the potential to
solve the problem.
17. You have an idea but, you are clueless what to do with
it next. Enter SCORE that provides you with the
nation's largest, network of free, expert business
mentors.
18. It’s mentors provide the practical action plan,
education and tools you need to open your doors and
establish a customer base.
19. SCORE supports you in Experience, Relationship,
Diversity and Lifelong Learning Matters through honest,
confidential and sometimes tough conversations.
21. Once you are done with ideation and initial research,
the next thing to do is to create a business model for
your idea that can present various aspects like
resources, value proposition, target audience, revenue
stream, etc.
22. Fiddle helps you create and share your business model
easily. It’s easy to use as well, simply drag and drop
to move and order them, rapidly add colour, filter,
etc.
23. You can also keep a track of all the comments and act
upon it accordingly.
25. As the founder of a start-up, you will have to
multitask on a daily basis and chances are you might
end up forgetting to finish an important work.
26. Trello simplifies it – easy, free, flexible, and visual
way to manage your projects and organize anything. You
can dive into the details by adding comments,
attachments, and more directly to Trello cards.
28. It's 2017 and I believe you don’t want to make a bad
impression with your drab presentations in front of
your clients.
29. Prezi provides you a platform for a visual storytelling
software instead of traditional slide based
presentation format.
30. It not only helps you out with a storytelling software
but also combines with business–focused productivity
tools like real time data analysis, commenting and co-
editing feature, etc.