Start of business. Choosing an idea for your business

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According to Robert Kiyosaki, 90% of businesses have closed for the first 5 years since they were started,. In the next 5 years from that 10%, 5% will became close/ And ind the next 5 years there will be only 1% of businesses that continues to grow and move forward.

This is due to the fact that many people don’t base their business on what they should focus on.

Many of the publications have been written about the principles of selecting busines ideas, but I didn’t meet those who would reveal the secret of choosing the right idea to start business.

I encounter a scheme in books sometimes, that consists of 3 circles, in which 3 words are written, namely: 1) what do you like, 2) what do you able to do, 3) what do you want.

This scheme is recommended for choosing your own profession, starting a business, etc., but I feel this scheme is not sufficiently complete to really help the future businessman, cause there are additional factors, namely: Profitability, Perspectives.

So, if you find what do you like, what do you able to do, what most of people need, what brings a high profit and in the long run it will not lose its relevance, then it will be your golden vein. It's quite difficult to find such a mixture today, because there is already a lot of things invented and it is becoming as difficult to come up with a new one as to deal with bitin's property. That is why you will have to choose between these five points four, or even three, to start a business.

Once you have looked at all 5 points, you should focus on Profitability, Necessity and Perspectives. Because you may not like it, you can not be able to do this and, accordingly, you will hire workers to do it instead of you. But if your idea doesn’t meet the Profitability points, Necessity and Perspectives, then this business will not last long and will be called “seasonal".

So what do you need to do before you start choosing an idea for your own business?

First, you must walk through the streets and look at everything that surrounds you. Buildings, shops streets, people, animals, weather, situation, etc. You need to go and see what can be improved, upgraded, and optimized from the above. All of this you must written in your own long list. After that, when you return home / office, you need to make a plate, the preparation of which is given below, and really think how each of the recorded "problems" corresponds to these 5 parameters. The more "points" will gain each of the ideas, the better the future business.

Why not sit at home and wonder what to start? This is because now it is not necessary to invent anything fundamentally new. We have all come up with it (even flying cars have been devised decades ago and seem to be already being developed). It is enough to improve something and it will become a breakthrough technology and your new business.

Okey. You drew up a list of those ideas and chose the best. Now take key ideas, whatever you want to do, come to your friends or family and ask them for their opinions.

The main thing is not to say that these are your business ideas, say that you are asked to help someone with the idea and to interview the relatives.

If you submit this as your idea, you will receive more negative responses and biased information. So, after you have interviewed your friends and relatives, you can spend hours spontaneously on your own. What has to be done?

You need to imagine every business with the idea. Which one of these businesses will most clearly be represented by you, this business and has the right to live, because without visualization it is difficult to move forward.

When you finished the previous stage, you have to search for a person who will be ready to do business with you, because it is very difficult to do it on your own. And it is almost not real for a one man without a partner to lead a small company to a large one. But about this in the following materials.