How To Generate 20 Potential Business Ideas In 10 Minutes

If you are looking for a business idea, give encouraging advice: your idea does not have to be revolutionary. You do not have to invent something completely new and unknown to anyone. In fact, it’s best to start with what you’re good at.

Ramit Sethi is convinced of this, not a simple dude, but a well-known American businessman, a personal finance consultant. He also wrote a cool book, “I’ll Teach You to Be Rich.” So, he writes: “You probably find it hard to believe that you already have profitable skills, but it’s true.”

Ramit Seth recommends asking yourself 4 questions to discover these skills of yours:

  1. What do you pay for anyway?
    We pay people for many different services. Maybe you can turn one of them into your own online business? For example, cleaning the apartment, walking the dogs, cooking, etc.
  2. What can you do?
    What do you understand really well? This is exactly what you can earn if you teach it to others. For example, you are fluent in a foreign language, proficient in programming, can cook, etc. Share your knowledge. For Money.
  3. How cool are you according to your friends?
    Cool question. The answer can not only raise your self-esteem, but also be a very unexpected business idea. For example, your technique of training in the gym, advice about relationships, a sense of style.
  4. What do you do on Saturday morning?
    What do you do on Saturdays while everyone is still asleep. Or on Sundays. Or in other free time. This can be very helpful in identifying your hobbies. And what could be better than turning a hobby into a profitable business. For example, studying fashion on Instagram and YouTube videos, repairing cars, reading articles about fitness and health.

Spend about 10-20 minutes now and write down 5 answers to each question.

It takes another 15 seconds to subscribe to our social media pages on Facebook and Instagram. Follow us so as not to miss new skills for yourself, effective time management techniques and tips for your business.
Well, what did you write down the answers? Congratulations, these are the 20 potential business ideas that you can grow into a thriving profitable business.

In a recent interview with Business Insider, Sethi said, “What if I don’t have any business ideas?” – a question that is most often asked to him by future entrepreneurs, and that is their problem. According to him, many believe that a wonderful idea should fall from the sky. But it doesn’t work that way. “If you want to start a business, you look for and find an idea. And this idea is not perfect. She is one of many, ”explains the pros in this case.

Once you start generating ideas, you can test them in different ways and learn “what and how”. Just because you don’t have global insights and inspiration doesn’t mean you can’t start a business. Everything ingenious is always simple and ordinary.

Author: wawan20123

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