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Entrepreneurship Resources Guide

A guide to resources for students at PVCC and the greater PVCC community.

Generating a Good Business Idea

Ideas are things that come and go and fairly frequently too. However, the really great ideas usually spring unexpectedly in moments of inspiration. It becomes easier to come up with great ideas when we free ourselves from the mundane, everyday, conventional thoughts that take up the thought space in our brain.

1. 10 Great Ways to Generate Business Ideas 
Great business ideas are all around you. Just open yourself to the possibilities, and you're bound to find a winner. To start your search for that drop-dead idea that's going to set the world on fire, start with the following sources.
2. 18 Best Idea Generation Techniques - from Hershey Desai 
This article gives you a short note on the three stages of successful ideation and 18 killer idea generation techniques.
3. 21 Ways To Generate Business-Boosting Ideas 
Generating ideas—useful ideas—is a skill, and, like any other skill, it can be learned. The more you practice, the easier it will be to come up with ideas whenever you need them.
4. A Brilliant Method To Bolster Your Business Ideas 
A 10-step methodology that will allow you to speedily generate lots of different ideas for your company.
5. How to Come Up With Good Business Ideas - The Mentors Podcast -  (28:05) 
In this episode we look at how successful creators (comedians, entrepreneurs, etc.) work to get better at coming up with good ideas, and how you can apply this to you own life.We also give actionable suggestions on how you can immediately start coming up with your own business ideas.

How to Research Your Business Idea!

Tell Us About Your Business Idea!


 

1. In your own words,  please explain your business idea.

(For example, describe the products or services you intend to make/sell. Why do customers need your product/service? How will the product or service be priced and how it will make you a profit? How are you different to the competition?
 

2.  Tell us a little about you and what inspired you to think of this idea?
 

3. Who will your customers be and how/where will they buy your product/service?

(For example, are they in a specific age range, are they mostly male or female, do they havespecific interests, do they live in certain places, or are they a very mixed group? Also where will they buy your product /service will it be at the farmers market, on the internet, local shops?)
 

4. What are the main challenges you face and how will you make your business idea a reality?

(For example, premises, equipment, people, funding, advice, training)