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WHERE DOES GOOD IDEAS COME FROM

Image result wey dey for PICTURE FOR GOOD BUSINESS IDEAS
A GOOD BUSINESS IDEA COMES LIKE A GLOWING LIGHT BULB
How can I get a good idea? Where can one get a good business idea. How can i know that a business idea will work. These are some of the questions many persons ask everyday.

Truth is there are good business ideas everywhere, the thing is how to find them.

8 out of every 10 new business ideas in Nigeria fail. This is very scary for someone who want to go into business. Many persons dont even make any profit, some go back to square one because of a wrong business idea.

So, the question i want to ask is, (how can one find a good business idea in Nigeria)

There are many ways. I will give some here.

1. A new market(product or service) that people are currently patronising

Any new service or product in town that people are paying money to get is a good business to look into. This is because people are willing to pay money to buy the product. In Nigeria, there are many new businesses that after the stress of setting them up people dont come. So a new business idea in town that is attracting customers should be given a chance.

2. Is the new market growing in size

Now you have discovered new businesses in town, and you are seriously thinking which one to go into. Here is one question you seriously need to answer(are more persons patronising this idea). Is the business(product or service becoming more popular in town by the day). If the answer is yes, consider joining the train


3. A good business with bad operators

Before eatries came into being in Nigeria, we had more of canteens and road-side food vendors. The market was there, however most of them were not well packaged in the way they do their business. Mr Biggs came with the idea of improving the canteen to a friendly place, a place for people to hang-out and feel more comfortable. And you know what happened, people rushed the idea.

So, study existing markets, and identify markets with either many quacks, or less professional persons. If this is so, then you have a big chance


So, i rest my idea pen here. There are many more ways to identify good business ideas

Please feel free to share your business questions here or call 08068231953, 08168759420. I will answer you freely

Email me on mindandbrainpower@gmail.com
Watsapp: 08137701720

I am AMUTAH CHUKWUDI



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