The best idea is the one that A) you are passionate about B) people want C) is scalable See below for further discussion: "A" is useful because it helps ensure that you'll stick with your startup over time and through difficulties, and that you have an above average knowledge of the field to ...
Hi, I think it is a great idea. There are many conferences I'd like to go to but can't because of time (and COVID obviously). Having a person to go for me is a good second place. You should test the idea though before committing a lot of time and money. This can be done with existing apps to fi...
These are some great questions. As an entrepreneur, growing and scaling my business has been both a challenging and rewarding task. I'll answer both your questions separately: 1. How should you decide which business idea to pursue? Your decision should take into account both personal factors ...
The "idea" is the really the least important ingredient in building a successful product business. Building the product and then gaining adoption and then turning that adoption into a viable business are all where the rubber meets the road. These pieces are so difficult that you're best finding...
The art of the "cold pitch" is definitely something that needs to be worked on, and doesn't come naturally to everyone. A couple of quick tips: 1. 4 is not a big enough target group, you've got to cast a bigger net. Try pitching 20, and aim to get 3-5 responses. 2. When sending a cold email, ...
Hello!! That's a very good question you asked. Having been a entrepreneur for more than 7 years now, I understand how entrepreneurs are often serial thinkers and the rate of idea generation is definitely greater than that of execution. Focussing your thoughts and actions on more than one busine...
In short yes. In medium term, depends. In your case probably not. Most investors look for viable options that show that you can get real cheap production/sourcing of goods or services offered, actual market reach to capitalize on goods (example could be a stack of POs or preorders, or substanti...
Everybody has an invention. The question is this....Is there a demand for your invention. My experience with the invention idea companies is that they are out to make money for themselves and will submit your ideas to companies and sites that you can to without spending 10 grand. If it is a grea...
Facebook groups especially those skewed towards health issues.
An acquaintance of mine works full time doing 1-on-1 video instruction for a very small niche topic. If an individual can succeed with that business model, even after reinventing every wheel, and do well enough to give up an engineer's salary, then surely a broader platform could succeed. Econo...