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Tips to find ideas:
Solve a Problem
Look for inspiration
Ideas aren't as important as execution. Ideas are a dime a dozen. Action is key.
Make it an every day habit. write down several ideas daily.
Combine existing products
Write it down
Find Mentors!
Read, Read, Read
2. RESEARCH YOUR POTENTIAL IDEAS ONLINE
Look Online for Idea
Market Trends
merchantwords (amazon)
unicorn smasher (amazon)
google keywords planner
Google Trends
TIPS/REMINDERS
*Spend at least a day on this. Often most ideas will already exists
*Rephase your idea as many ways as you can to get better results
3. How to Decide if idea is worth pursueing?
A. Does it already exist?
1. Can you do it cheaper?
2. Can you make it better quality?
3. Can you market it better?
If the answer is no to all of these: throw the idea away and move on to next idea.
If the answer is yes to one of these move on to next step. "Market Validation"
B. It doesnt already exist.
1. What is the most similar product(s) to it?
A.Study Products with similarities.
*Learn from them. Mimic the good. Avoid mistakes.
***MOVE ON TO STAGE 2: VALIDATING YOUR IDEA***
Tips to find ideas:
Solve a Problem
- People hate the problems they have in their life. If you ca nod something to help eliminate those problems they will be you handsomely.
Look for inspiration
- Kickstarter, indiegogo
- Magazines
- Websites
Ideas aren't as important as execution. Ideas are a dime a dozen. Action is key.
Make it an every day habit. write down several ideas daily.
Combine existing products
Write it down
Find Mentors!
Read, Read, Read
2. RESEARCH YOUR POTENTIAL IDEAS ONLINE
Look Online for Idea
- Google Images
- Google Search
- Google Patents
- Amazon
- Ebay
Market Trends
merchantwords (amazon)
unicorn smasher (amazon)
google keywords planner
Google Trends
TIPS/REMINDERS
*Spend at least a day on this. Often most ideas will already exists
*Rephase your idea as many ways as you can to get better results
3. How to Decide if idea is worth pursueing?
A. Does it already exist?
1. Can you do it cheaper?
2. Can you make it better quality?
3. Can you market it better?
If the answer is no to all of these: throw the idea away and move on to next idea.
If the answer is yes to one of these move on to next step. "Market Validation"
B. It doesnt already exist.
1. What is the most similar product(s) to it?
A.Study Products with similarities.
*Learn from them. Mimic the good. Avoid mistakes.
***MOVE ON TO STAGE 2: VALIDATING YOUR IDEA***