7 SIMPLE WAYS TO GENERATE BUSINESS IDEAS (2020)

7 Simple Ways to Generate Business Ideas (2020) - I have been spending lot of time creating a business idea for my own Business. Still the hunt is going on, but as I broaden my techniques to generate ideas, In this process of research and generate ideas I came across lot of usual hacks. Whenever i applied it worked out very well for me. I am able to clear lot of problems going through in my business. If this continues things will be stable, it’s just over a period of time. I started maintaining myself cool and calm and ready to face any problem. In this article i would like to highlight some proven ways to generate business ideas which might be useful to others any way.

First do nothing – It’s an unusual tip I know, but the truth to generate good business ideas. You need time to free your mind up and think, so take time off and relax. This gives your mind space for creativity to flow. Most of times people keep thinking "How to generate ideas creativity". Sometimes the best ideas are right in front of us, which we don't notice, we're so busy and constantly moving in our daily life.

Remember Magic Question "How to Generate Business" - Try to interview 20-30 people around you from the same industry you want to start a business. Find out their biggest pain faced in day to day. Record all the answers and then see if you notice a pattern. If you find an answer that keeps coming up, done its time for you to take action. Figure out solution to the problem and BOOM. You've got an amazing business idea for yourself.

Travelling is one of the best ways of Generating Business Ideas - Yes many successful Business people travel the world. They will be expecting something unusual. For example - I hope everyone know about Blake Mycoskie who runs one of the biggest apparel companies in the world with net worth of 300 million dollars. He just noticed a shoe that was used by herders on the farms and re branded it, during his visit to Argentina. As a result, came up with Tom's shoe company. He might have not ever come up with the idea unless he took that trip to Argentina.

Note down every single problem you face in your daily life - Most of the time you may get annoyed or something is getting in your way throughout the day. Just pick your Note pad and write down the problem. Write it each and every problem you face on daily basis, even you hate to wake up early or tired of cleaning. Anything and everything. I am sure after few months you will have hundreds of ideas and pick up with which has a solution based on REAL problem that you have faced.

Develop Idea Lists - This is an unusual trick Generating new business ideas. Write down 10 ideas every single day. Your ideas may suck or they are magical whatever write it down 10 every single day. This is the best way to train your brain to come up with ideas on spot. For Example - You like writing then generate ideas for writing like "Write your own voice, what you think good being around you, Something unique and fresh which is unfamiliar with others. Choose a niche for yourself and write multiple times. After coming up hundreds and hundreds of ideas, sure a great one will appear. This is followed today also by even James Altucher as crazy little exercise called "Idea Lists".

Needs, Passions and Strengths - This has really helped me a lot. Note down your 10 biggest strengths, Passions, and then come up with a list of 10 business ideas that match your strengths and passions. For Example if your passion is marketing and strength is writing. You can start a marketing agency where you can do copy writing all day. This is a very simple way to generate business ideas from your own profession.

Do a Startup weekend - This would be a 2-3 day event where you try to build a prototype over the weekend. It works in this way. People especially pitch their ideas on Friday. You just need to join the team with the idea you liked the most and help them build out the prototype. Here you don’t have to generate business ideas, but you will be surrounded by people with so many ideas that will surprise you to come up one.

For any amazing business you need an idea first, so try any of these unusual hacks and see where they take you. Try which ever suits you best. Remember their is always an Idea behind an empty mind, you just need to figure out and implement it. It may take time, but am sure its worth to give a try. BEST OF LUCK.