How to Find a Business Idea

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I am sure this has been a problem for everyone at some point in their life. It’s like having a sink full of dishes. It seems like it will take an hour, but it takes 5 minutes to put in your dishwasher.

I was reading a survey today and the question that was asked was, “Do you want to start a business?”. Here are the results:

  • 90% said “Yes”
  • 9% said “No”
  • 1% said “I don’t know”

The next question that was asked was, “What is stopping you?”. 

  • 25% said “I don’t know”
  • 30%  said “ I don’t even know where to start!”

As you can see 55% of these people are already hitting a mental roadblock before they even get started! So I am here today to help you! Let’s get started.

How to generate 15 potential business ideas in less than a day!

The first thing to ask yourself is what do you love to do? What are you good at? What are you passionate about?

Everyone is good at something. If you are good at video games, you can make money with twitch. If you are crafty, you can make money with tutorials on youtube and social media. 

Think about things you are naturally good at:

  • Are you good at cooking?
  • Can you draw?
  • Are you athletic?
  • Can you speak two or more languages?

Whatever you are good at, there is someone out there that is willing to pay you to help with that skill.

Our mind is a powerful thing. It can be your best friend, or your worst enemy. When it’s your enemy it may more than likely be playing tricks on you and saying things like this:

  • There are already people doing this!
  • I am not trained to do this!
  • Why would anyone pay me for this skill?
  • I am good, but there are way more people who are better!
  • I don’t have time to do this on my own personal time!

The technical term for this is your “Brilliance Blindspot”. What is this you ask? It’s when you have been doing something so long, that you are unable to remember what it was like to not be good.

I know this is a crazy thought and its borderline mind-blowing. I bet you wonder where I am going with this? Everyone has an expertise in something, and that something is profitable.

Here is an exercise to give you an idea. Think about someone that you know that is really good at something. You go to them for advice on that all the time. 

It’s insane how much easier it is to think about when it is someone else. So how about this. Try this. Ask your friends and family the same thing about yourself? 

What you will receive are what I like to call “Lego’s” Reason being is these are going to be your building blocks. It takes one Lego brick to start any model. 

After this exercise, you should have a bunch of Legos. After you have your list you should have about 20-30 ideas. Now ask yourself if someone would or could pay you for these services.

Now that you have an idea of what others have said you are good at, now it’s your turn. Spend 30 minutes a day building off this list, but from your own mind. Due to your change of mindset, you should be able to start generating your own now.

Keep this list handy. You may think about something while you are cooking pancakes. If one comes to mind, write it down. Get some rest, and review it the next day. 

The main part to remember about this process, don’t be over critical. Get those ideas down whatever they may be. I guarantee your business idea will be on this list!

So there you go. You should be set. I hope it helped. Till next time!