First you will need to figure out what marketplace you believe can be offered something.
This can be gauged from your personal experiences in life with a product or service, or problems you have seen that can be solved/improved.
An example being, I'm a snowboarder & skateboarder, problems I've had are goggles fogging up (someone invented a goggle with heated insides) Or my shoes constantly ripping up when I skate. From there after realizing a pain point you can try to tackle and solve that > have a product/service > market it > sell it to the masses.
Chances are the very first business you start will totally suck and thats A-OK & encouraged, failing is not uncommon aswell. The important part is learning WHY you suck and WHY you failed and go from there.
IMO for a starting entrepreneur would be to have a basic business up and running and learn the ins and outs. Its not necessary to re-invent the wheel, just to make it a little....bit...better.
What are some pain points in your life with a product or service? Maybe start there.
This can be gauged from your personal experiences in life with a product or service, or problems you have seen that can be solved/improved.
An example being, I'm a snowboarder & skateboarder, problems I've had are goggles fogging up (someone invented a goggle with heated insides) Or my shoes constantly ripping up when I skate. From there after realizing a pain point you can try to tackle and solve that > have a product/service > market it > sell it to the masses.
Chances are the very first business you start will totally suck and thats A-OK & encouraged, failing is not uncommon aswell. The important part is learning WHY you suck and WHY you failed and go from there.
IMO for a starting entrepreneur would be to have a basic business up and running and learn the ins and outs. Its not necessary to re-invent the wheel, just to make it a little....bit...better.
What are some pain points in your life with a product or service? Maybe start there.
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