by, Claire on, Jun 07, 2018 Business Idea's.
The amount of people in Britain who have business ideas that never make their way out of our thought processes is outstanding, there are many common reasons why people don’t act upon them including confidence, lack of funds and lack of time. Many who have some great ideas however still think their idea is a winner and never waver in their confidence of it, just their confidence in actually making it a reality.
A recent study showed that rather than there be a lack of business ideas across a broad age range, there were many but what they all have in common is the stage their idea reaches before its decided that it won’t go any further and that’s normally after the initial stages of coming up with the business idea. The study also showed that some people have a talent for seeing the potential in business ideas just by going about their daily lives, either because they have seen something they can do better or something they could make better. Its not always about having a totally new idea but more about perfecting the ones already on the market.
The study included one business idea to invent an App to find the nearest toilet wherever you happened to be at that time, another involved inventing a collapsible potty for parents on the go. There were other ideas that were mentioned including designing comfortable high heels and a car that travels on water, although these business ideas seem a little harder to achieve than others, the motivation and enthusiasm felt when ideas were discussed shows that there is definite room for nurturing people with ideas on how they can bring them forward. The study also showed interesting results around what people thought made a good entrepreneur, some of the top qualities mentioned in the study were having motivation and determination but interestingly people also factored having little time to focus on new ideas with many feeling they were missing out on business opportunities that others would eventually invent.
The most important thing that came from the study was the realization that there are many people, probably more than the study could measure that worry that a business idea will be invented and executed by someone else because they either are not in a position to do it or they are worries about funds. Could there be another potential business idea out there to help others realize their true potential.
by, Claire - on, Jun 18, 2019
by, Claire - on, Jun 04, 2019