How do I convert an Idea into a Business?

[Simple_Human01]

Converting your idea to business is some how easy depending if you already know what's your plan or what business will you do. As for me you need to find more reliable source or idea or ask anyone who has experience starting a business then you plan on what you need and who is your target customers then you will look for a great location. As for what kind of business are you going to do you need to look for products that is not seasonal so you will always earn. Then lastly, its important that you really love what your doing so you can last long.

 

[Presido]

To turn an idea into a business is not something difficult but complex .The is because setting up a business isn't a hard task but actually something complex in nature, because an idea is just a suggestion one have either in starting a business or managing a business, but turning it into a business has to do with time, money and consciousness .

 

[Emma Aneni]

Get resources to convert the idea into business, this is very important and very very vital in every business. Having a capital to start up a business is something of immense value and should be taken into consideration at most.

 

[Hassan14]

Beginning a business is on the bucket list of nearly anybody I realize that has worked for different Startups. It just seems like the sensible following stage. The end objective. A definitive objective.

However, it's definitely not. In any event not for everybody!

Before you do whatever else, get completely clear about your reasons, aims, and inspirations driving beginning an organization. For what reason would you truly like to begin a business? Are your reasons sufficiently able to suffer difficulties and adequately convincing to endure a significant drop in personal satisfaction in different territories? Will these reasons actually be there when you have turned twice, parted ways with your sweetheart and not seen sunshine in 3 months?

Try not to mislead yourself. Beginning a business is anything but a light choice. It will transform you. To improve things, in the event that you do it for the correct reasons. For the more awful, in the event that you hurry into this attempting to make up for a shortfall that has an alternate source.

Great but you need budget and capital to launch it because unfortunately you can never start any business without money. I think these two things are very much needed and What you have written inside is great and good. I enjoyed reading it and my knowledge has increased a lot.

 

[Seyesystem]

Business ideas comes by inspiration and by thinking of a concepts that is unique once you can figure it out yourself to put it into business and practicable is a small thing. But the most difficult aspect of it is how to get a very good business concept. Business concept comes by finding solutions to people problems, once you have a concept that can solve people problems then you go and start the business and before you know it you are in big money.

 

[Ralphjoe]

Converting an idea into a business requires a capital for that kind of business because an idea is just a concept that if you want to act on, you must have capital that is required to make this idea a reality. With capital, other factors that is needed for the business you take off would be there.

 

[Ehizzy1]

I think one way you could convert your idea into business is by taking action and putting all the necessary things into place ,because that is very important most especially when it is related to large scale business enterprise you need to get all these done , then you are good to go , also you would need to learn from an experience person also

 

[MarieArie]

Business ideas are all around us, it’s just a matter of finding the pain point that a customer segment is having and coming up with a solution. When you’re coming up with your business idea, it is important not to force it. Let it come to you naturally, and make sure that you’re committed to pursuing it. Keep it simple, have a single pain point that you want to solve for your customer.

Post automatically merged: Jan 21, 2021

Business ideas are all around us, it’s just a matter of finding the pain point that a customer segment is having and coming up with a solution. When you’re coming up with your business idea, it is important not to force it. Let it come to you naturally, and make sure that you’re committed to pursuing it. Keep it simple, have a single pain point that you want to solve for your customer.

 

[Tariq Shehzad]

It is mostly important to know about the idea that you are wanting to convert a business. There are many ideas to convert in a business but before that is necessary to familiar which idea you have. You can make investment, partnership or investing in your own business.

 

[Adam13]

The first step towards actualizing a business dream is to set goals in a step by step manner. Study the environment in which you're planning to start. You'll have to do a lot of brainstorming before actualising your business dream. You can also sell your business idea or get people to invest in you or your idea

 

[Samuel77]

According to my own point of view, any one that is about to start a business always convert his own idea into the business, the first thing you should do is know more about the business and then you try to put in is your own way that it will be suitable and more better for you

 

[Janita]

Whenever you dreamt to do anything make sure it's profitable and suitable for coming Time .
Converting ideas into business is not so easy but working and struggling for this is required.
For business you need to have capital,money and well knowledge about work starting these three things will helps you in your development and given progress.

 

[Highflyer]

Follow these 10 steps to turn your idea into a startup

1. Do your market research. Conducting market research is the first step to determine if you really do have an idea worth pursuing. ...
2. Secure intellectual property. ...
3. Decide on branding. ...
4. Incorporate. ...
5. Choose a co-founder. ...
6. Write a business plan. ...
7. Pick a workplace. ...
8. Find a mentor.

 

[Olushola01]

The key important elements to consider when choosing Amazon for sales are as follows: ability to get your paperwork in order, figure out your logistics, prepare your business plan, prepare your finances(financial plan), get your marketing strategy ready and finally, study what sells and how they do

 

[Maliha]

First and for most important thing is to have your own capital where you can start the business you think.
Than your business need more money to startup the settings. So your idea can be converted only when you have sufficient area for business and money to startup

 

[Fatima]

Documents ideas into business fact. Write the type of business u want. State measures u need to achieve them, i.e draw your business plan the way you wish to achieve the business goal. Know the type of business to venture in that will bring quick profit.

 

[Lyrrex]

Well these descriptions seems a bit excessive to me. While I agree with the message you are trying to pass. Starting a business these days is very hard,one must find the required and needed motivation/passion to soldier and stand through the test of times.

 

[Zubair]

It depends upon your interest that what do you want to do as a business. Because we get thousands of ideas daily. One should get work on his idea properly through research. Then look towards your account balance. Then your skills, and area of business. Make your plans and try to achieve them gradually. This is how you can convert your idea into business.

 

[EMMANUEL]

1. Figure out what problem is being solved
When you strip a company down to its core function, you’ll find that it solves a problem. Right now, you’re probably infatuated with your idea and are focused on the solution it provides. Many businesses claim to have solutions, but what specific problem are they really eliminating?
Amazon, for instance, solved how e-commerce was, at one time, expensive and inconvenient. Today, it has more customers (and sales) than its brick-and-mortar competition.
Bottom line: all successful companies, products, or services enhance the lives of their customers by eliminating a problem.
2. Find your market
Picture who your ideal user is - this is the first step to actually figuring out where your idea fits into a sea of consumers. They all have different habits and needs to fulfill, yet are facing the same problem. Figure out where your solution will fit into the market and in the lives of people.
When I had the inspiration to start my company, I did my research and with some consideration chose Los Angeles as the best market that needed the services I was providing through Ciplex.

 

[Kiko]

Pursue what you love to do. All the work you put in has to be about more than money. Passion will be the driving force behind your idea. It is invigorating to work toward a business doing what you love. Without that enthusiasm, it feels more like work that you will not want to continue.