Find Successful business ideas
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Transcript of Find Successful business ideas
Five Strategies for Finding Successful Business Ideas
From Ray Whittaker http://www.raywhittaker.com/blog/
What Makes a Business Successful?
Every successful business does one of two things
What Makes a Business Successful?
Every successful business does one of two things
1. It sells something to people who have a burning desire for it
What Makes a Business Successful?
Every successful business does one of two things
1. It sells something to people who have a burning desire for it
2. Creates a burning desire for something the business can sell
Everybody Is Selling Something
All businesses involve selling something!
Everybody Is Selling Something
All businesses involve selling something!
It may be time, products or resources
Everybody Is Selling Something
All businesses involve selling something!
It may be time, products or resources
Even employees, who are not actually in business for themselves, sell their time to their employers
What Should You Sell?
Small businesses cannot easily create a new market for something they have
What Should You Sell?
Small businesses cannot easily create a new market for something they have
So the easiest solution is to find a hungry market then supply what they want
What Should You Sell?
Small businesses cannot easily create a new market for something they have
So the easiest solution is to find a hungry market then supply what they want
Let’s look at some ideas to help in finding a hungry market
1 - Look At Magazine Readership
Just about every market or subject has a magazine dedicated to it
1 - Look At Magazine Readership
Just about every market or subject has a magazine dedicated to it
Find out which magazines are selling the most
1 - Look At Magazine Readership
Just about every market or subject has a magazine dedicated to it
Find out which magazines are selling the most
You can check it out online or go down to your local newsagent or bookstore
2 – Check Amazon Bestsellers
Look at the bestsellers lists on Amazon
2 – Check Amazon Bestsellers
Look at the bestsellers lists on Amazon
Check out the non-fiction bestsellers to see if there is a potential market. You might need to get creative and do some lateral thinking
2 – Check Amazon Bestsellers
Look at the bestsellers lists on Amazon
Check out the non-fiction bestsellers to see if there is a potential market. You might need to get creative and do some lateral thinking
You can also check on which are the top magazine subscriptions on Amazon
3 – Find the Top Dummies Books
You’ve seen the books in bookshops with ‘for dummies’ in the titles, right?
3 – Find the Top Dummies Books
You’ve seen the books in bookshops with ‘for dummies’ in the titles, right?
That company puts a lot of research into producing those titles. So you can bet if there is a book for it, there’s a market for it
3 – Find the Top Dummies Books
You’ve seen the books in bookshops with ‘for dummies’ in the titles, right?
That company puts a lot of research into producing those titles. So you can bet if there is a book for it, there’s a market for it
Head over to the dummies.com website and see what they are doing there
4 – Check Out Ebay Pulse
EBay provides information on the most popular eBay searches
4 – Check Out Ebay Pulse
EBay provides information on the most popular eBay searches
You can find the information at pulse.ebay.com
4 – Check Out Ebay Pulse
EBay provides information on the most popular eBay searches
You can find the information at pulse.ebay.com
People searching on eBay are already looking to buy (mostly), so there should be relevant information on current hot markets
5 – Find What’s Hot on Google
Google also publishes information about the top searches on their search engine
5 – Find What’s Hot on Google
Google also publishes information about the top searches on their search engine
You’ll find their information at google.com/trends
5 – Find What’s Hot on Google
Google also publishes information about the top searches on their search engine
You’ll find their information at google.com/trends
People search Google for solutions to problems. If you can solve people’s problems, you can make money
That’s all for now. Thanks for watching
From Ray Whittaker http://www.raywhittaker.com/blog/