Don’t think that you should necessarily come up with new-to-the world ideas to start up an entrepreneurial business. Getting inspired by other peoples new ideas – and sometimes even stealing or copying them might be just as good. And often even faster and safer, because the concept has already been tested elsewhere.
I don’t mean stealing or copying illegally, but often an idea is only protected by the trademark, and if you start up a similar business on a new market with another trademark, there will be no problems.
A place to look for new business ideas might be Springwise.com that reports about new business ideas all over the world.
Filed under: Uncategorized, ideas, opportunity
Good points are made in this blog. While many believe the essence of being an entrepreneur is to come up unique ideas that no one else has thought of, the reality is far from that. Those who come up with new ideas are usually called “inventors,” but few of them have the ability to convert these ideas into practice and profit. That is where the entrepreneur comes in. The entrepreneur is one who has the ability to recognize an idea as an opportunity and the experience to make it happen. To be a successful entrepreneur does not require coming up with original ideas, but one who has the talent to bring an idea to life or make it better. http://www.bobmaconbusiness.com
During the last week I have actually had experience with both an inventor and an entrepreneur to illustrate your point. Last week I met a cleantech inventor, who had very promising test results but no idea how to build a business – and no intentions of being the boss. And this week I had a meeting with a guy, who was looking for capital to buy similar businesses, that he could add to his franhise chain and make other people run. Quite a different approach.