 |
| Image credited to MING Labs |
Look for the best business ideas you want to start with? Want startup ideas? Yes. But It does not work that way, especially business analysis and opportunity evaluation that will really work because it is passion,curiosity and diligence that will bring your business idea, business analysis and opportunity evaluation.
Imaging If I give you different best business ideas to start, I believe that you won't start this business of your choice because it does not stimulate you into doing something. It just confuses your mind and scares you from starting a business from home. It is my truth.
But in this blog post, we will walk you through with these outlines
How to Analyze People’s Ideas
Rather than following unique business ideas or different sources, go and analyze people’s ideas and then stick to that idea. Find out how people do this and what sources they do that make them money.
Then follow their examples in different ways. For example, I was an author. I sold my ebooks on business and wealth management through Selar. But I did not make much money as I expected. But I suddenly received a newsletter from a Selar publisher that a woman who used Selar to sell ebooks made more than N20 million.
Then I curiously found out how she did it and what made her a millionaire as I read in the online interview from a Selar columnist.
When I read it, I found that she used webinar and Instagram to sell ebooks from a Selar store. Then I applied her example. Analyzing people’s ideas, needs and problems is important because it helps you to spot hot opportunity and turn it into money-making machine.
Ideas has power because it can turn around your financial life if you analyze people’s business ideas from different chosen newspapers online such as Business Insider, CNBC, Zikoko, Entrepreneur, YouTube, Facebook group, etc on interviews, and success stories, inspiration stories, how to Guides and problem solutions. Reading them helps you to find one idea and turn it into millions.
How to Determine People’s Ideas
Determine if people’s ideas are truly worth. Before you start a business from scratch, you must analyze your business ideas from where you come across it unexpectedly or you get fresh ideas. You ask yourself some questions: Is your business idea feasible in the marketplace? Can customers buy it? Is there demand from this idea? Why do they want to buy it? Can this idea be cashed daily?
Find out yourself more about this opportunity? You must evaluate it yourself before you start a business and compete with your opponents in the same marketplace or make it happen in the marketplace.
But if you choose one idea from different unique business ideas or different sources in the articles online that you are not sure of it or you don't analyze it well or you don't have spiritual mission for this idea, then you are out of business. What do people need? What do they demand? Is it feasible in the marketplace? Then analyze the costs associated with your business and apply small business loan if possible.
You determine what type of business you should fill the gap. When you read business ideas from business book or articles online, you determine which one fits you. Determine People's Ideas you can fill the gap in the competitive market place. Do not determine people’s ideas until you analyze this opportunity.
How to Use People’s Ideas To Get Started
1. Tired of 9 to 5 job? Want freedom from slavery? Then ask yourself what you can do to fill the gap. Find what you can do to fill people’s gap or needs.
2. Then find people’s ideas through Facebook group/Reddit/Quora/comment/CNBC or newspaper online or newsletter online, etc where an entrepreneur fail to fill or miss the gap because it can influence you into doing something.
3. Read what people often talk about because it will helps you to find an idea what people look for.
4. Then calculate the costs associated with your chosen best business idea
5. Apply small business loan if possible or determine how much you have, what you will need and where you will get money to fund your startup idea.
6. Then market your business on a budget to get customers to buy your idea daily: Your product or your service.
Why I Say Best Business Ideas for Aspiring Beginners
Why do I say it so? Because it is the fastest growing profitable sectors of the economy in this country and other countries of the world also. It can make you stupendously rich because it has no growth limitations. That is why I choose only five best business ideas for beginners if you have financial capacity, spiritual mission, good team that can build wealth for you, marketing skills, sales skills, great passion, rich mind, etc.
The businesses I choose best for aspiring entrepreneurs are:
1. Education Opportunity: Why education? Because parents have children that they need best schools for them to achieve success in the future. Young couples will bring fresh babies everyday that will give you the opportunity to establish nursery/primary/secondary/private or elementary schools/universities for parents’ children.
Parents/guardians can't withdraw children from schools no matter how cost the school fees are. Education is so profitable. It can make you rich if you do it right. But it requires much money to start a business.
2. Agriculture Opportunity: Why agriculture? Because more than millions of people will never stop consuming raw/processing foods or locally/international produced foods.
The more population growth, the more demand growth. People using raw/processing crops for both human consumption and livestock feed production gives you the opportunity to start farming or processing staple crops if you want so. It is highly lucrative if you choose the right crops that can turn around your financial life.
3. Wealth Management Opportunity: it involves banks, loan banks, investment firms, real estate investment platforms, insurance company, brokerage business and e-payment services that you can manage for clients and make billions annually from this opportunity. Many people can not stop it because they want wealth or want business growth.
See investment platforms or investment apps or loan apps, bank apps, etc in the sponsors from the Google Search Box and you will see their different competitions in the same service because it is hot.
4. Telecommunication Opportunity: it involves GSM communication industry (that you can not compete with GSM popular brands), GSM accessories store, GSM smartphone repairing business, internet services, database services, data-collectable industry, GSM recharging business, data subscription business, ICT service and GSM franchise business.
And that gives you the opportunity to set up any business of your choice because most people use it for human consumption or usage. But some of them requires sufficient capitals, with good knowledge of technology information.
5. Health Care Opportunity: Health is important because health is wealth. And people want to spend to take care of their health daily because they know how relevant health is.
And it involves hospital business, pharmacy business, medical plants factory, herbal remedy business, natural toiletries business, cosmetics business and natural skincare products business. That is where you come in if you want so because it is hot. It can make you so rich.
Related Posts
How to Market Your Business on a Budget to Get Notified Globally
