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If you want to be a successful entrepreneur one of the things that you’re going to have to do is be able to recognize opportunity when it knocks.

An opportunity to fill a much needed gap in the market or to change your business to take advantage of a trend could mean the difference between a little bit of success and a huge amount.

But you must know what these opportunities look like so that you can grab them when you see them.

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One of the earmarks of a good opportunity is that it doesn’t sound too good to be true.

A true opportunity that has great potential isn’t going to be perfect when you encounter it.

You’re going to have to do the work to make it into a successful venture. However, one thing that should have is potential.

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The best ideas are the ones that have evolved over time because they have been honed through past failures.

If an idea has been through the furnace of discovery, there is a much greater chance of it working when you decide to implement it.

In other words, you might want to give an idea time to fail a few times before you decide to run with it yourself, because otherwise,

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Some of the best ideas that have ever been thought of were completely different takes on what a product or service was originally intended for.

The idea might’ve been a failure as it was intended but it sparked an entire new thought process and brand-new applications.

These accidental inventions ended up being something completely different because someone had the ability to see past the original application.

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However, they failed as intended and instead became some of the most popular toys ever invented.

Thanks for reading.

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comment any other ways you can use to recognise an opportunity to add to three discussed above.

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