Coming up with a specific business idea?

[Matthew Toney]

I am interested in looking at starting a business opportunity for myself. I'd like to eventually begin as a side to my full time career. In my research and mentorship, I found that I should seek the field in which I am passionate. My passion is without a doubt fishing. I know from research the fishing is huge business, even when just considering recreational fishing. I'm sure there could be an area of this field that I could pursue a business opportunity, but I need guidance as to how I should narrow it down. Finding an opportunity to make money and give back to something I've been so passionate about is very intriguing to me. All advice and guidance is appreciated.

 

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[blackhat]

Don't look for business opportunities for yourself. Look for the needs of others. The former will have you chasing money while the latter will have you adding value.

If you're passionate about fishing you must think all the time about how great it would be if x existed or if y did this in one way instead of another. Just pick something and run with it.

 

[James Thornton]

An impossible to misinterpret flow chart: http://www.fastlaneentrepreneurs.co...-on-how-to-make-a-fortune-in-7-years-or-less/