Creating a Good Business Idea as an Entrepreneur

Jan 29, 2014

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Creating a Good Business Idea as an Entrepreneur

Posted in : Business Services on by : admin

A good entrepreneur definition would be a person conceptualises and creates a business to fulfil a current demand. Another entrepreneur definition that we could use is a person who recognises the financial risk present in creating a business that meant to attempt to solve a problem but decides to accept the risk and go for it. The term entrepreneur is sometimes believed to be more than a title. Many have adapted this to be a way of life. The ugly truth is, however, that many dream of creating a business but is unable to come up with a feasible business idea. So today we will be focusing on how to successfully create a good business idea as an entrepreneur.

Forming a Good Business Idea

The first hurdle you will need to cross will be to clear that mind block that has been plaguing you and to get those creative juices flowing. If you have already been through this stage successfully then feel free to move ahead to the next section. However, if you haven’t been able to think clearly or come up with that million dollar idea, then this section is geared towards you.

Let me first say that getting a mind block at this stage is perfectly normal so there’s no need to get discouraged. Formulating a business idea can be a hard thing to do, at times, especially one that gets all positive feedback when it gets to the implementation stage. So try not to beat yourself up too much because chances are when you find yourself in a mind block you will never be able to formulate your idea in that state. But, what do you do when this happens?

If you had set a goal to run a two miles each morning when you get up run, and you got up one morning a little tired would you just pull off your running shoes and head back to bed? No, you stretch and do some warm up exercises for a while to get some adrenaline flowing for your run. Reality is that most persons will never be instantly ready for any strenuous activity after climbing out of bed. So doing pre- run warm-up session gets your body ready for the task ahead.

The same thing applies with formulating a business idea. If you find yourself at a dead end, unable to think clearly and come up with a good business idea, then you may be in need of a mental warm up session to get those creative juices flowing. Some common causes of mind blocks are apathy, self-criticism, resentment, anxiety, or sometimes even fear of expressing yourself the way you really want to. It is, however, vital that you jump this hurdle so that you can come up with that million dollar business idea.

There are a few strategies you can employ to help get your mind where it should be and you may find that some of them are so fun that you will forget that you were ever blocked. So try to think of fun ways to come up with ideas and how you can solve them.