In the world of entrepreneurship, the journey from a mere idea to a thriving business is both exhilarating and challenging. It also requires a 4-letter word to create your business idea – WORK!
Brainstorming Your Original Idea: Write down every detail of your idea. Don’t leave out anything, no matter how “crazy” it might seem at the time. Next, think about and record where your idea came from – was it a personal experience, a passion of your’s or maybe a problem you believe needs solved.
Evaluating Your Skills and Passions and how those apply to your idea: Assess your skills, passions, and talents. I recommend listing everything, even if it doesn’t seem directly related to your business idea. You might discover unexpected connections that can enhance your concept. By evaluating your skills and passions, they can help you shape your business idea. You should also think about how your skills and passions can fulfill a need in the marketplace.
Analyzing and Refining Your Idea: With your idea and personal attributes laid out, it’s time to analyze how they mesh. This step can reveal new perspectives or refine your focus, aligning your strengths with your business goals.
Next you are ready to create a comprehensive description of your business idea. Who are a few questions to help you get started:
- Who is your ideal customer/client?
- What exact problem(s) are you solving for your customer/client?
- Is it a product or service?
- Should you create an online store or have a brick-and-mortar store?
- What is the financial investment required?
In my course, B.I.G. (BUSINESS IDEA GENERATOR), I have many more questions for you to ask yourself. You can find the course information at www.livelifelavishly.com/coaching.
Embarking on the journey of business creation is no small feat. I am here to encourage you and help you on your journey! Again, check out my B.I.G. course to learn more!
I believe in you and am excited to learn about your journey. Feel free to send me an email at linda@livelifelavishly.com or send me a message on Instagram or Facebook (@livelifelavishlypodcast).
Thanks for being here! Linda
