Sunday, January 9, 2011

Workable Business Idea need 3 things..what are they?

Important or Interesting..


First and foremost..

Ask yourself whether your idea is important or interesting because these two different words carry different meaning. If the idea is important, for sure if we implement it, it will be very important to us in terms of what it can give us as well as its benefit to us? However, if your idea is interesting, do not be sad because it is still has its own unique value on it, but for the people to implement it, it might not be the first. Furthermore, if your idea is important and interesting, it is awesome because the chance for it to be implemented could be higher.


NABC analysis.

N = Need

A = Approach

B = Benefit

C = Competitor


In order to start up a new business, we have to do some analysis and one of it is NABC analysis. It is very important because this analysis will ensure your business become viable all the time. If you are not aware of this important part, according to DR Roland Xavier, you MUST die sooner or later. Running a business is not as easy as you cook a dish for your dinner because the one, who has all the courage and brave enough to take the risk that might come, is the one who will success in their business.


Elevator Pitches

Just a few words in the limited time, the dream come true!

HOW?

The next step for you to bring your business idea to the reality is by using elevator pitches concept, you may did it. For instance, imagine that you are in the elevator together with somebody who you do believe will invest into your business, try to say some words to attract him/her to offer you to have an appointment with them to discuss further about your idea. BE SMART and FAST, you will get what you want.


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