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BUS 2255 Entrepreneurship

What is meant by the Pursuit of a good idea?

 

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The first step for any entrepreneur is the identification of a “good idea.”  One of the first steps in the process involves brainstorming or listing ideas that come to mind.

One place to start brainstorming potential business ideas is by asking yourself, “What task can I make easier?”

A common denominator for successful businesses is their ability to fulfill customer needs. In this case, the need is to create a product or service that makes people’s lives easier.

Graphic showing four factors to consider to improve a product: delivery process, location, cost, and customer experience

https://online.hbs.edu/blog/post/how-to-come-up-with-a-business-idea

 

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