ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Where to Find New Business Ideas?

Updated on March 11, 2015

So you want to start your own business but you don’t have a single idea of what it should be? Coming up with a business idea is probably the hardest part of being an entrepreneur. Some really good businesses may come fortuitously to people, but most are the results of planned and educated search.

Here are some tips to help you find the best business ideas:

1. Attend trade conventions and conferences.

Every year there are trade exhibits, conventions and conferences in the country. In your own city, there might be at least a dozen that you can attend. These events are where the industries or companies launch their latest products, services, and prototypes to ignite the interest of the public. You may not have a specific business in mind, but perhaps after seeing the presentations you might think of one at the end of the event.

2. Identify your passion and start from there.

Many great businesses are borne out of the passions of their creators. I suggest you spend at least a day jotting down your interests; from your hobbies to your pastimes. Single out the one that you are most passionate about and try to think of a business that you can base on it. For example, if you love keeping your car clean all the time, a good business would be to start a car wash shop.

3. Think of the wackiest ideas you can come up with.

There are million dollar businesses that are the products of the craziest ideas. Do you remember pet rocks? A guy had the idea of selling ordinary rocks as pets. The weird part of it is it worked! He made millions of dollars out of it.

4. Consult with a business mentor.

Just like with anything we do in life, it helps if we have a mentor who can guide us. Try to find a really good entrepreneur or businessman, preferably someone who’s had a series of businesses. Ask if you can interview him or consult with him to help you out with your own ideas. A business mentor can point you to the right direction.

5. Find a problem you can solve.

All businesses solve a problem. That is the product or service they offer to their customers. Can you think of your own? For example, you’ve always had a hard time buying fresh flowers in your area because the nearest flower shop is in the next town or city. Perhaps a really good business for you is to put up your own flower shop. It doesn’t have to be the biggest problem, even small ones can be the basis of a really great business.

Get your mind juices flowing.

Start your search for your best business idea. Follow the tips mentioned above or simply keep your eyes open for that next big thing. Even just watching TV or reading newspapers and magazines can help generate the idea you’ve always been looking for.

Comments

    0 of 8192 characters used
    Post Comment

    No comments yet.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)