Creating Business Opportunity from a Problem

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4 years ago

Transform a Problem into a Business Opportunity by imaginative reasoning.

Individuals pay cash to make an issue and afterward another person transforms that issue into a business opportunity. How would we do this? Initial step is to inspect and characterize in extraordinary detail what precisely the issue is? At that point take a gander at inventive approaches to transform the issue into a business opportunity.

Issue – We are eating much more then we should. Opportunity – practice classes, weight reduction slims down, bigger size garments and diet drinks/nourishments.

Consider traffic, at that point consider bottlenecks! Issue – many individuals stranded in rush hour gridlock. Opportunity – Billboard publicizing and more interest for amusement progressing!

Issue – In this day of fast life, individuals don't have the opportunity to plunk down and eat. Opportunity – Create a cheap food establishment that serves hot food inside minutes for clients to remove and eat moving.

Issue – individuals are drinking more. Opportunity – diet drinks, drink gadgets, low calorie mixed beverages, nutrients, more fun beverages and unquestionably all the more guiding!

In our past business, we had an issue when we were producing particular, stun retaining beds. We generally numerous bits of a specific size of wood left. I sent our sales rep round neighborhood organizations to check whether he could discover an utilization for it. At long last we wound up making "shirts" which had a 100% net revenue after costs for bits of wood which we used to discard!

Issue – Higher number of haven searchers and exiles. Opportunity – ease lodging, lower paid work power and expanded interest for economy items!

Issue – More spam! Opportunity – more interest for new programming, better firewalls and more specialists required!

What issues have you confronted as of late? Would you be able to nail it down and transform it into a chance?

Here are the means we should take to transform an issue into a business opportunity:

1) Identify the issue

2) Do in general statistical surveying

3) Get a group in to aggregately discuss the issue

5) Sleep on it

6) Do some more statistical surveying

6) Apply imaginative reasoning and critical thinking methodologies to distinguish a business opportunity

Numerous inquiries can be replied by statistical surveying. What is the present status? Where is the market going? Who are the primary players? What is consumers' opinion about the current answers for their issues? How might we address their issues better?

We can transform each challenge into a business opportunity. Each business cycle can be improved. Each issue is a business opportunity. Each time you have a splendid thought, ensure that you record it in a thoughts note pad. Would you be able to take care of a weeks ago issues in a manner which individuals will pay cash?

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