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Learn how to start your own business, Ideas - Coggle Diagram
Learn how to start your own business
1/ Find a business idea
Key notes
1/ A good business idea blends your skills and passions
to address an unresolved problem
2/ To come up with an idea, list out your skills and passions,
find a problem you can solve, and make sure to get feedback from others.
3/ Find a market for your idea by entering related keywords into
search engines, tools like Google Trends, and social media.
To-do list
Make a list of my skills
Make a list of my passions and interests
Make note of any problems I often encounter during my daily routine
Make note of any problems | often encounter at work
Evaluate how much time I have to spend on starting a business
Evaluate if I have the necessary resources to start a business
Make list of people I trust who could give me feedback on the idea I come up with
2/ Create the business plan
Key notes
Benefits of the biz plan
Having overarching vision: Greater sense and explain why it's a good idea
Having a stragegy: Figure out what steps need to be taken
Increasing stakeholders confidence: As partners/investors and other stakholders will see how the business will successfully operate
Steps to create biz plan
Write a high-level overview of the business ---
ex
business name
products/services
target audience
goals
Create a list of company details
3/ Find target customers
4/ Budgeting
5/ Find funding and get started
6/ Selling the products online
7/ Selling the products on social media
Ideas
Skills
Product management
HR
Singing
Passions/Interest
Food
Music
Football
Problems
Daily routine
At work
Resource needed
Human
Non-human