Wednesday, April 9, 2014
4 WAYS TO SEE POTENTIAL BUSINESS OPPORTUNITIES
Probably starting a business is one among your great dreams.
Are you also stacking to initiate a business or start business due to lack of opportunities? I have talked to many people who real want to start business but apart from lacking capital they end up saying they can’t easily see potential opportunities to start viable businesses. There are many also who have capital but they can’t see any opportunity to invest their money.
Today I want to share with you proven techniques you can use to easily see opportunities to pursue your dream of starting a business.
First of all you must understand that it takes your awareness on what is going on around you to be able to see opportunities to start a business. For opportunities is all about discovering a gap to fill with something missing. This means that if you can be able to detect a certain need in people’s life then you have already seen a gap and it will become an opportunity as you recognize and innovate a way to fill that gap or fulfill that need of people.
Discover your personal potential
For every human being is blessed with unique and potential ability or talent to live by, this means that your talent or career can determine your ability to discover potential business opportunities. Ask yourself this question: “I know I am having this talent or career, what need of people can it solve if is to apply it now? As soon as you finish asking yourself this question, your subconscious mind will start responding to you positively by opening up a lot of possibilities and opportunities which can be covered by your talent or career. Don’t waste time; start writing down what you hear from your mind for research shows that you will always loose memory of whatever hasn't been written in 37 seconds just after you get it in your mind.
A good thing is that from this process you are going to see a lot of opportunities, now be positive take advantage of them, choose that which you would love working on and start generating and planning on how it is going to work in the real world, think of how you are going to make people buy it from you and that will be your new business. Can we call this seeing an opportunity from within outward? Of course YES.
Develop a habit of learning different things
Do this small observation today, talk to three businessmen you know, I am promising you that you will wonder how they know a lot of different things which are going on in their society apart from their career and business they pursue. The fact is they usually take time to learn a lot of different things, from economic, social to political one. They read books, magazines and personal reflections which make them learn from self experience to outside source of insights.
Remember at the beginning I said it takes your awareness to recognize opportunities to start a business so if you will take time to involve yourself into learning different stuffs, don’t wonder seeing a lot of needs to be fulfilled around you and as you start thinking on how you are going to fulfill them by using business model then you got a business to do in your life.
Find solutions to social and people’s problems
Keep in mind that you will always sell your service or products to people, nothing else. If so, people are 100% ready to buy by any cost something which makes their life better and easy. If you will come up with a promising and innovative solution to people’s problems or challenges just around your context you are sure of making business out of it.
If this is too hard for you, make it simple by asking people what do they want which is missing around them. They may tell you, “we real miss a pharmacy shop nearby where we could easily buy medicine”, and don’t you think if you find capital and start a small pharmacy or of any size in that area people will buy? It is obvious you are going to do business out there. Keep on recognizing social problems and find solutions.
Volunteer into community activities
The truth is whenever there is people gathering is where you can hear a lot of ideas, issues, concerns etc. if you are dreaming to be a business man find a way you can be meeting groups of people several times and share different ideas. From sharing people will eventually tell you what they need which they can even buy. What else than bringing them that service? Naturally people tend to share a lot of information when they meet a group of people where they can freely talk.
It is hard for a person who doesn't have an idea of starting a business to take advantage of people’s random conversations and create an opportunity to start a business and vice versa is true. So if you one among those who want to start up a business start today to be involved into community activities just by volunteering. Volunteer in your church, mosque and community development projects. Just be within community gatherings which makes you feel happy being involved and I promise you that you are going to discover potential business opportunities right there.
Hope these insights are going to make it happen in your life; all the best!