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What Makes A Great Business Ideas 2015?

Business Idea, what make a great business ideas 2015?

Some of the most successful businesses of all time came from one brilliant idea that popped into somebody’s head. It might feel like having an idea for a profitable business is all luck and out of your control, but the truth is that there are things all great business ideas 2015 share in common. You can browse uk-business-ideas.co.uk to start getting some ideas flowing, and then look to this list of the top 5 things that every great business idea has in common. In no time, you’ll find yourself writing a business plan, trying to secure financing, and then getting to work for yourself.

Look For a Need: This is a key in not only coming up with a great idea, but also being able to market it and secure financing. Finding something in an industry or people’s daily lives that is difficult, irritating, or lacking that extra component to make it just a little easier is finding a great business opportunity. This could be something as seemingly trivial as helping people find their lost television remotes, to something as complicated as making better connections between charities and donors. Stick with what you know and think about what you’ve always wished someone would invent or fix.

Make Improvements to Existing Ideas: Jeff Lynn, the cofounder and CEO of Seedrs told the Guardian that he took inspiration for his successful crowdfunding business from other online sites. It’s never a good idea to copy exactly what someone else is doing, but if you ever find yourself engaging with a business or industry and thinking of ways it could be improved, this just might be the right opportunity for you to do so yourself.

Reverse Assumptions The Wall Street Journal interviewed several successful entrepreneurs, and Dave Lavinsky, the cofounder of Growthink Inc had this excellent piece of advice for anyone aspiring to create their own business: “Reverse assumptions. For example, the old assumption was that a bank needed to have tellers and branch locations. The ATM concept asked: How can we offer banking services without having a branch location and tellers?”

Make Connections: All great ideas are going to require a certain amount of editing, help, and guidance. Keep yourself surrounded by savvy, smart, and forward thinking people that will really challenge your ideas to make them better and keep you inspired.

Follow Your Passions: The most important thing about a business idea is that it be yours. Look to what you know to create something truly incredible. Oftentimes what you might consider to be “just a hobby” could be the source of the incredible inspiration you’ve been looking for.

 

About Business Ideas UK

My name is Joel Bissitt. I have been an entrepreneur for 24 years and have run many small businesses across various sectors. For the last 10 years I have worked mainly within online media, franchising and small business start-ups.

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