Comments on: Trouble finding innovative business ideas? http://www.energybyte.com/blog/trouble-finding-innovative-business-ideas Doing Business, Start-ups, Small Business Blog Fri, 02 Dec 2011 06:12:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: admin http://www.energybyte.com/blog/trouble-finding-innovative-business-ideas/comment-page-1#comment-12723 admin Thu, 14 Aug 2008 08:40:09 +0000 http://www.energybyte.com/blog/?p=267#comment-12723 Absolutely! The article itself is not a call to jump head ahead in any business. Like everything in life, a new business means new risks, it should be done through planning, determination and getting knowledge about it any way you can. Absolutely! The article itself is not a call to jump head ahead in any business. Like everything in life, a new business means new risks, it should be done through planning, determination and getting knowledge about it any way you can.

]]> By: Anshul http://www.energybyte.com/blog/trouble-finding-innovative-business-ideas/comment-page-1#comment-12721 Anshul Thu, 14 Aug 2008 08:31:04 +0000 http://www.energybyte.com/blog/?p=267#comment-12721 In response to Trouble Findind Innovative Idea, first i would appreciate the underlying motivation that the article effuses to would-be entreprenuers, however, at the same time it should not be taken "caution thrown in the air" and just jump into the business , read just any business , against sitting idle and prospecting for that "THE idea". Certain things which i reckon are necessary before taking a plunge would be : a)Even if it's a non innovative business you plannin to enter into, try to find out whether the market for that business has already matured or even worse declining. b)what would be the product life cycle? and how much scale is needed to be acheived within that life cycle to made the business profitable c) and most importantly the support infrastructure in place. Among other factors, these combine to give a much needed confidence regarding your business idea ,be it innovative or non-innovative. Wish you all , good luck towards your start-up endeavor. A Future Entreprenuer In response to Trouble Findind Innovative Idea, first i would appreciate the underlying motivation that the article effuses to would-be entreprenuers, however, at the same time it should not be taken “caution thrown in the air” and just jump into the business , read just any business , against sitting idle and prospecting for that “THE idea”. Certain things which i reckon are necessary before taking a plunge would be :

a)Even if it’s a non innovative business you plannin to enter into, try to find out whether the market for that business has already matured or even worse declining.

b)what would be the product life cycle? and how much scale is needed to be acheived within that life cycle to made the business profitable

c) and most importantly the support infrastructure in place.

Among other factors, these combine to give a much needed confidence regarding your business idea ,be it innovative or non-innovative.

Wish you all , good luck towards your start-up endeavor.

A Future Entreprenuer

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