What resources do you have? You can discover possible product ideas from your life experience. a. interests-what are your interests? Do you have hobbies, interests in other activities like sports, or music? If you will be spending a lot of time doing a business, it might as well be a subject you like. b. experience-working at different places gives you a variety of knowledge that may give you ideas for a product. c. skills-perhaps you learned about camping as a boy scout. Maybe you know how to fix electrical things […]

One of the things we hear most, and perhaps one of the questions you’ve asked yourself when you first contemplated starting a new business is, “What do I sell? What products are hot? What markets are hot? What is my business going to be?” In this series of upcoming posts, we will explore those questions and subsequent issues around finding what the market wants. Using Market Research to Find the Perfect Product Objectives: 1. The three kinds of products to sell 2. How to discover possible product ideas from your […]