₦airaland Forum

Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 1,881,619 members, 3,803,585 topics. Date: Wednesday, 20 September 2017 at 05:39 PM

How To Get The Perfect Startup Business Ideas - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Get The Perfect Startup Business Ideas (15482 Views)

7 Ways To Fund Your Startup Idea As A Nigerian / [CLOSED] Be Among The 20 Lucky Startup/ Business Owners/ Bloggers / Become Part Of This Startup Business Idea (1) (2) (3) (4)

(0) (1) (Reply) (Go Down)

How To Get The Perfect Startup Business Ideas by FoundersNG: 6:57am On Sep 14
Many fascinating businesses come from simple thoughts and ideas. And these ideas are not the exclusive preserve of these entrepreneurs. Ideas could flow to just anybody, what gives it life is the timely and direct actions taken on the idea(s). Even after we seem to have suddenly discovered a goldmine million naira business idea, chances are, some people have thought about it too, and some may be acting on the same line of thoughts, but you can still find a way to make your enterprise different from what is obtainable.

How do we get these ideas? Many budding entrepreneurs have asked. The simple truth is that it mostly doesn't come from idea brainstorming sessions in business schools but from our simple day-to-day activities. The best ideas are mostly from entrepreneurs who had failed with several other business ideas. Seun Osewa's nairaland.com is probably the last of the series of blogs, forums and online tech solution websites he had set up and failed. He just kept on acting on new ideas that became improvements on his failures. Now, nairaland.com is the single most viewed website in Nigeria with the highest hits! Only surpassed by Facebook.

According to Paul Graham, of Y-Combinator; "The way to get startup ideas is not to try to think of startup ideas. It's to look for problems, preferably problems you have yourself." Consider your daily routines, what problem(s) or challenge(s) do you encounter? How effective are they being solved presently? How is the service delivery? Do you think you can actually do it better? These are some of the questions the entrepreneur minded individual asks, that's the first way of separating the men of thoughts from the boys! Think smart!

Get Away From The Crowd
Ideas come silently to individual minds, not to the crowd. You need to take a break from the routines of life and find a secluded place where you can listen to your thoughts and stimulate an idea. Scientists have discovered that ideas generate best when your brain is at a lower, more relaxed, state called the alpha state, much unlike the beta waves we produced when engaged in our daily chores, of which the end product is stress. Dr. Herbert Benson of Harvard Medical School, discovered that people who access this alpha state tend to demonstrate superior performance on both physical and mental tests. Let you mind wander into that relaxed state and exploit its creativity.
Start small but think Big. Is your idea scalable? What are the growth prospects? Have a target, which may be quite narrow to start, but be able to enlarge your scope as your idea develops.

Do Your Homework
It is not enough to have the amazingly brilliant idea no one has ever thought of, you have to get off the high horse and do some digging! Research more about your area of interest(s), get to know things are done, where to go and who to meet. There's always a little knowledge on the street that could sharpen your enterprise.
Today there are several startups directory sites where people list their startups with the goal to get exposure for their brands and for link building, an example is vconnect.com. You can also ask questions on forums like Nairaland, Reddit and Qoura on your area of interest and get positive responses from experienced hands. No man is an island!

Fill An Urgent Need
No matter how plausible your idea may be taking shape or materializing, if it is not to meet an urgent demand, then you should probably forget about the whole idea. You must solve an immediate need. You drive on the road and complain of traffic, heat, noise, long routes to work etc. These are challenges and they are goldmines for soft drink enterprenuers like Pepsi, Lacasera, Coke, Gala and the rest. Google map is cashing in on the need for a shorter route to your destinations. While, right there in the traffic in Lagos you can virtually buy anything handy! These are people who are thinking! People who see challenges as opportunities and are exploiting them.
A dream delayed is a dream forgotten. Get to work fast, put down your blue print, establish your mark in that industry, give your competitors a run for their money, be consistent at it, and make your impact be felt.. But first, start!

Consult Widely
Even as the startup is taking its first steps, you need constant consultations. You don't want to be the only one who understands what you do. You need to hear first from your family and friends, they may not be objective enough, but their words of encouragement surpasses that of any other group. Your workers are also to be listened to. Ask questions every now and then. Let them tell you how they think you are faring. The clients/customers are your surest bet at objectivity. They want value for their money and their feedbacks are usually immeasurable to sharpen the company. Customer care should always be a two way communication channel, let them tell you how you can serve them better.
Above all, get a mentor. Someone who has tasted defeat in business but is still standing strong in your line of business. A force to be reckoned with. Let them give you practical lessons of how it should be done. They obviously have gone past the crawling stage of entrepreneurship. Listen to them!

Conclusion
Ideas are free thoughts like the wind. It chooses to blow wherever it wants. It may come while in the shower, at dinner or even while strolling. As much as the prospective entrepreneur is expected to get the light bulb flickered on in his mind, it can also be a product of an intense and constructive brainstorming, but sustainability may be an issue, as no one can sufficiently interpret what you have in mind.
The beautiful thing about startup is, there is no rule against copy and paste! An innovative business may be the toast of the town but you can also do it that way too - differently. There are a number of bloggers who are currently copying the style of Linda Ikeji, a lot of Make up Artists toeing the lines of Tara Fela-Durotoye, and many e-commerce websites following the business plans of Kings and Jumia. So go on, get your business out on the streets!

Source:
https://founders.com.ng/2017/09/02/get-perfect-startup-idea/

27 Likes 8 Shares

Re: How To Get The Perfect Startup Business Ideas by cr7rooney10(m): 7:50pm On Sep 19
At dis nigeria? all is just lucky.

2 Likes

Re: How To Get The Perfect Startup Business Ideas by olatwo(m): 7:50pm On Sep 19
Ummn
Re: How To Get The Perfect Startup Business Ideas by Narldon(f): 7:50pm On Sep 19
Ok
Re: How To Get The Perfect Startup Business Ideas by profmsboi(m): 7:51pm On Sep 19
Hmmm
Re: How To Get The Perfect Startup Business Ideas by Daeylar(f): 7:51pm On Sep 19
Why so many hidden posts?

Nice post op
Re: How To Get The Perfect Startup Business Ideas by Toladipupo995: 7:51pm On Sep 19
OK...... I will put it to use
Thanks op.
Re: How To Get The Perfect Startup Business Ideas by jobaltol: 7:52pm On Sep 19
Pray to God for an idea that will work to your favor...

11 Likes

Re: How To Get The Perfect Startup Business Ideas by yomsad(m): 7:52pm On Sep 19
Lovely write up
Re: How To Get The Perfect Startup Business Ideas by 9jvirgin(m): 7:52pm On Sep 19
Trust in GOD first.

3 Likes

Re: How To Get The Perfect Startup Business Ideas by GreatMahmud: 7:53pm On Sep 19
Thank u.
Re: How To Get The Perfect Startup Business Ideas by IMASTEX: 7:56pm On Sep 19
Okay
Re: How To Get The Perfect Startup Business Ideas by Johnemeka247: 7:57pm On Sep 19
Ok
Re: How To Get The Perfect Startup Business Ideas by benuejosh(m): 7:59pm On Sep 19
Well said.
Re: How To Get The Perfect Startup Business Ideas by FILEBE(m): 7:59pm On Sep 19
Topics like this will not be more than two pages. If it were sex Vaseline related topics now... U will see boys and girls carrying the matter into 54 pages.

2 Likes 1 Share

Re: How To Get The Perfect Startup Business Ideas by laurel03: 8:03pm On Sep 19
FILEBE:
Topics like this will not be more than two pages. If it were sex Vaseline related topics now... U will see boys and girls carrying the matter into 54 pages.
definitely

1 Like

Re: How To Get The Perfect Startup Business Ideas by buffalowings: 8:05pm On Sep 19
Nothing here

Read thousands of this type of info
Re: How To Get The Perfect Startup Business Ideas by Cindy08(f): 8:08pm On Sep 19
cool shocked shocked shocked shocked :
Re: How To Get The Perfect Startup Business Ideas by Queenlovely(f): 8:08pm On Sep 19
Oga thank you very much. With this recipe I guess you go don pass dangote. Let me tell you a story. Once upon a time, I worked for a big hospital and was fired. I took up employment with the smaller hospital down the same street.
My new employer wasn't making money and I wasn't impressed. I complained several times until he finally have me the rein to control the business.
My first strategy was to cook billions of ways to cripple our competition and bring in the koko. Let at us today, we have 195 doctor and 523 resident doctor's or govern. My point is this: Thinking of how to ruin your competition is the best strategy to generate idea's. People from the first hospital now work for me too

2 Likes

Re: How To Get The Perfect Startup Business Ideas by Felixalex(m): 8:22pm On Sep 19
Nice one
Re: How To Get The Perfect Startup Business Ideas by Felixalex(m): 8:23pm On Sep 19
grin sex sells Na, u never hear am before? But on a more serious note, our youths are lazy, always blaming the government and economy.... Trump said African men are only good at eating, sleeping and having sex... Guess he is correct

FILEBE:
Topics like this will not be more than two pages. If it were sex Vaseline related topics now... U will see boys and girls carrying the matter into 54 pages.
Re: How To Get The Perfect Startup Business Ideas by edeboy(m): 8:23pm On Sep 19
1k like for you
Re: How To Get The Perfect Startup Business Ideas by clems88(m): 8:25pm On Sep 19
Abegi joor OWO NI KOKO . five me the cash , ideas shall begin to flow from left right and centre

1 Like

Re: How To Get The Perfect Startup Business Ideas by EagleScribes: 8:29pm On Sep 19
Here are some important points to note when starting up a biz

1. High Profit

2. Low Investment

3. Marketing Support.

4. High Returns on Investment .

5. Available assistance in form of resources and trainings to succeed in it

6. Generally Accepted

7. Lastly, a mentor is needed, who can put you through what you need to know about that business

1 Like

Re: How To Get The Perfect Startup Business Ideas by Mrkumareze: 8:38pm On Sep 19
Nothing right works in this country. The write up can only be useful in a society where things are done rightly not here where many ideas vanishes every seconds .

1 Like

(0) (1) (Reply)

Nigeria’s Economic Recession May Last 20 Years – Jimoh Ibrahim / Scanfrost Opens First Modern Brand Shop In Lagos / Naira Falls To 351/dollar At Black Market

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (0) (1) (2) (3) (4) (5) (6) (7) (8) (9)

Nairaland - Copyright © 2005 - 2017 Oluwaseun Osewa. All rights reserved. See How To Advertise. 82
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.