As there are almost an infinite amount of opportunities for a business (and also as many people that exclaim ‘this is the best!’ ), my suggestion is to use the following framework to develop a business idea that fits you…and therefore will allow you live the life you’d like to have on a daily basis and a greatly improve your chances or success!
First, picture how you would want your daily life to be like:
- What people would you like to be around (this includes customers/clients)?
- How would you like to spend your time? (Do you want to travel more, reading more, with family/friends, serving your church/community, etc?)
- Where and how do you want to live? (In the city, on the beach, in the mountains, in the country, small town, big city, etc?)
- What type of work/business activities do you enjoy doing?
Second, Develop some lists of things about you
Once you have this base daily vision, now you can start to develop an ideas for business that are best suited to you.
- What skills do you have that others may find useful? You’d be surprised that those skills, whatever they are, if packaged and presented to the right audience will have value and people will pay you for them. The product may simply be a eBook, course, step-by-step, etc. Don’t worry at this point about how you might package and market it, how to write a book or course. These things are easily learned. But having a product that you have skills in can get you rolling fast.
(If you’re having trouble thinking about these, ask your friends what skills they think you have. If they have noticed them, they have probably benefited from them and therefore it is likely that others will too )
- What subjects do you have a unique or useful knowledge about? Now these should be things that you have an affinity for and some level of true knowledge. For any of these, there are always people that don;t have the knowledge or expertise and would benefit from you providing it. And, if you like it and have an affinity for it, you can more easily increase your knowledge and continue to become more of an expert and provide more value which people will buy.
- What special challenges or experiences have you been through? In this case, these are things that you got through, succeeded at. And, there are many people that may be going through the same thing that would benefit from your hard-fought experience. This is true value.
- What activities/things do you NOT like to do (that you have actually had experience with)? It is important to recognize things you don’t like to do and minimize the need for YOU to do them in a business you are developing. (Of course, there will be some things you won’t like doing that are part and parcel of running a business…but certainly do not have them the main aspects of what you business is about 🙂