How to come up with a startup idea [Tech & Non Tech]

Kaustubh Katdare

Kaustubh Katdare

@thebigk Oct 22, 2024
There are lots of wannabe entrepreneurs who are stuck because they can't find a good idea to get started. Typically, here's a process of finding a good idea that you can really work on -

1. Find a problem:
Find out what problems you face in day to day life.

2. How many people are affected:
Be sure that if you are facing a problem, others are likely to have faced the problem.

3. What would you do to permanently solve the problem for yourself:
There can be two ways to solve the problem you face - temporary & permanent. The permanent solution to your problem can lead to an idea of a product or a service.

4. Implementing the idea:
Think about how can you go about implementing that idea. Do you have the right technical know-how to work on that solution?

5. Think big:
Then think how many people can benefit from that idea, if executed well.

6. Revenue: Don't even bother about this until you have a working model/prototype of your idea. If your idea solves a problem for a large number of people [your colony, town, city, country, world etc.] money will follow.

What do you think? [​IMG]

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  • raj87verma88

    raj87verma88

    @raj87verma88-ZpL2Wn Nov 17, 2009

    Interesting. The whole concept of entrepreneourship can be summed up as "keeping your senses open to seek out a problem and to implement an innovative and efficient solution for that problem."
  • sarveshgupta

    sarveshgupta

    @sarveshgupta-txtmu5 Nov 20, 2009

    Yes this is true.

    That is what starting a business relates to.