Question

Entrepreneurship starts with an idea. Without being critical or judgmental, brainstorm a set of 10 ideas that could lead to the start up of a new business. Screen your ideas and select those that would enjoy the greatest market demand, the most attractive market structure and size, and the best profit margins. which if these screens caused most of the ideas to be discarded? What additional information would you need to seek out to answer all the screening questions?

Answer 1

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Excellent business ideas can make a difference between successful, ineffective or mediocre companies. You can work on implementing them if you have them. You can change the world and build for everyone a better future. But if you have no business ideas, you will continue to work on your current position until the time it operates is obsolete. Below are my set of ideas that could or will lead to a start up of a new business:

Personal or virtual assistant — While personal and virtual assistants are not glamorous, they pay well. They are not. If you have held this job already in an office, the digital version gives you much more freedom.

Marketing services — There is a certain degree of background knowledge in marketing. Investing in an online course is not just inexpensive, but will provide you with the adequate tools to set up an online marketing company you can expand in future. Many new marketing areas, such as influence marketing, are being opened up.

Social Media Advisor —Twitter and Google offer complete, recognized, little or no money-requiring, professional courses, among other platforms. Social media is also a company with unlimited potential and a global customer base. This trend probably will not soon die, and each year new platforms will be published, making the options for expansion unlimited. To make your job easy, you can use tools for social media management.

Affiliate Marketing — Affiliate marketing is incredibly easy to engage in and involves you receiving a fee by advertising the goods and services of other businesses. Essentially, you're choosing a product you like, selling it, and making a profit out of your marketing efforts at every sale.

Tester or Reviewer — Companies or startups also search for companies to review their products and allow others and buy them. You can either start with a profile on freelancing websites or directly approach businesses, by being an influencer, giving them a review in return for a monetary reward.

ebay Assistant or Seller — A marketing affiliate is similar to an Ebay assistant or seller. The key difference is that you are selling it directly to the customer, instead of marketing the product. When you sell on Ebay or any other platform for others, you will be selling the product and keeping a commission as compensation.

Application Developer — New applications are launched daily, and if you think you have the skills to create your own and a unique idea, you should! Apart from the fact that you're going to have to invest little or no money to get started, it's far less time consuming than the 9 to 5 average.

Website Developer — We live in a digital world in which each business needs a website to drive its traffic to make sales. If you have the skills you might be able to enter an industry that never will die. Also, you can start small by creating websites on platforms like Wordpress. You can learn the language of website creation if you want to take your web-building skills to the next level.

Graphic Designer — Businesses are still looking for a logo to tell people what they are doing. If you can follow company guidelines and customer needs, a computer and applications such as Photoshop or Illustrator will all you need to get started.

Internet Security consultant — Hacking, scamming, and viruses are just a few of today's web security threats. If you know your stuff, consulting businesses could make very good money, especially those who handle sensitive customer information and want to keep it as safe as possible.

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