What is a good business idea?…where people are willing to invest in

1.) Solve an existing problem (a lot of value) - Needs that are ignored, un-met, unseen

2.) A lot of people wanted it (big potential market)

3.) Must be scalable (can grow)

4.) Must be profitable (can make money)

It is NOT about how unique the idea is ….

It is how unique the VALUEis … to solve the everyday problems of a lot of people.

What is a good business idea?

It’s so simple that people will say;

“Why didn’t I thought of that?”

Traditional business with a twist

Meeting an ignored needs

www.eharmony.com

The common dating services

www.hotornot.com

Now this is HOT… with a twist

www.99designs.com

Game changer…

Traditional business ….

… with a difference

Traditional food center

Traditional business with a twist

Traditional business…

Traditional business with a twist

INNOVATIONS – Better, Faster, Cheaper

Innovations

Apple did not invent digital music player…

…. Nor did they have any “first mover advantage”

They just did it better…

Apple did not invent mobile communication…

…. Nor did they have any “first mover advantage”

They just did it better…

Apple is not the first who produced the tablet…

…. Nor did they have any “first mover advantage”

They just did it better…

Traditional business …

Traditional business with a twist

So…. what is a good business idea?…where people are willing to invest in