Whenever your oversees, do you get new business ideas while there?
While I was in Eastern Europe this year, I received couple of new business ideas.
Does the same happen to you when your overseas?
Definitely a good idea. I came across a site called www.Springwise.com that tracks and reports new business ideas and has been very helpful in looking for new product lines for us to carry. Itís a big world out there and there are a lot of ideas that can be translated into the North American market.
Just make sure that you do you due diligence and determine that there is a viable market for that business here (what works in Germany or elsewhere may not work here).
Yeah im in lebanon and had so many new ideas!
When you are overseas:
You are away from the "daily" life stuff - - - so you mind is a little emptier. You have the space in there to create new things.
You are seeing new and unusual things. You are more alert to all the "stuff" around you.... thinking less and observing more. Again, I think that opens the "creative" side of your brain.
Not only overseas, but just out of your own normal living metro! I'm in Lake Tahoe at the moment and it is outside my normal territory .. just being here makes me see things differently including opportunities ... being in a different country has got to be many X more intense.
Yes! Especially when you have long spans of time on trains, planes and beaches to just "sits and thinks".
I also find myself inspired with different ideas of things that I don't see at home, from products to services. Also sometimes seeing the inefficiency of how something is running, or a gap in the market there and think, "Wow. The guy who fills THAT gap will make a fortune." I sometimes even indulge myself to think of how I could make it happen.
Then finally - as on my most recent trip abroad - I am inspired to work harder once home in order to afford more of the lifestyle I'm enjoying. Since (as I've mentioned on several occasions) I highly value comfort, I prefer travelling 1st class, staying in 4 & 5-star hotels, and dining in the best restaurants available. This style of travel doesn't come cheap. So I'm always inspired to work a little harder to ensure that I can maintain this style of travel.
So yes, taking out time to sharpen the axe definitly works for me. I almost always come home more productive than when I left.
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