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7 Ways to Think Up Great Startup Ideas

7 Ways to Think Up Great Startup Ideas

If you’re interested in startups, one thing that seems incredibly daunting is thinking up a great idea for your new venture. In reality though, ideas for startups are all around you if you know where to look. These are seven questions you can ask or things you can do to think up great startup ideas.

1. What do People Ask You For Help With?

It’s hard to start a company when you have no relevant skills. As someone who’s never painted since preschool, I’d have a hard time trying to make it as a painter. If you’re interested in starting a consulting or freelancing job, one of the simplest things you can do to come up with ideas is to think about what you’re friends and colleagues frequently ask you for help with. Maybe you’re the “excel wiz” everyone comes to, or you have great advice on public speaking. Any skill can usually be turned into a consulting business and eventually a product (such as online course, set of videos, etc.)

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2. What Annoys People in Your Life?

Go up to a few of your friends and ask them what annoys them the most about their day-to-day lives. There will be a lot of noise to sift through (you can’t easily fix traffic) but you might start to hear things that you can build a business around. Maybe all of your friends want a quicker way to shop online, or a way to find delicious new coffees; whatever it is, you could likely build a business around it, and you’ll already have a few interested customers.

3. What Do You Have an Ugly Solution For?

Odds are good that there’s something in your life you’ve cobbled together a partial-solution for. Something to save you a bunch of time that a full solution for doesn’t exist. Whatever the solution is, odds are good that other people are doing something similar or have thought about it, and if you can make a product that does it for them it will sell very well.

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4. What are People In Your Communities Looking For?

You are probably a member of a number of communities, both online and in real life. These could be forums, clubs, your job, or even sub-communities on sites like reddit. The benefit of having a community is that you already understand their wants and needs, and you can listen to see what they want to buy. You could go to a MeetUp group and try suggesting a few business ideas to see which one sparks the most interest, or post some ideas in a relevant subreddit to gauge people’s reactions.

5. What Makes People Mad?

JetBlue was created mostly because people hated airlines so much. They took an industry with a lot of animosity and created a solution that put the fliers first, and it’s done very well. You can find similar things simply by going to Google/Facebook/Twitter and searching for “I hate (something)” or similar. People love to complain on the Internet so you’ll be presented with a lot of startup ideas.

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6. Who is Your Sounding Board?

The #1 most important element to me in coming up with great ideas is having a few close friends to bounce them off of. Friends that can be honest with you about your ideas will save you a ton of time mulling over bad ideas and ignoring good ones, because they can poke holes in your bad ones and inspire confidence in your good ones. Even better, you’ll frequently talk to these people and together you’ll come up with an even better idea than what you’d originally started with.

7. Why Force It?

Sometimes when you try to force yourself to come up with ideas, you’ll be stumped. It’s hard to be creative on command, so one of the best things you can do is not sweat it, and instead get in the habit of jotting down every idea that comes your way. I try to come up with at least 10 ideas a day for anything (startups, blog posts, self improvements, etc.) and I always make sure to write them down. The more you get into the habit of capturing the inspiration that strikes you, the more you’ll become an idea machine.

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Nat Eliason

Writer and Host of Nat Chat

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Last Updated on August 20, 2018

Quit Your Job If You Don’t Like It, No Matter What

Quit Your Job If You Don’t Like It, No Matter What

Do you know that feeling? The one where you have to wake up to go to your boring 9-5 job to work with the same boring colleagues who don’t appreciate what you do.

I do, and that’s why I’ve decided to quit my job and follow my passion. This, however, requires a solid plan and some guts.

The one who perseveres doesn’t always win. Sometimes life has more to offer when you quit your current job. Yes, I know. It’s overwhelming and scary.

People who quit are often seen as ‘losers’. They say: “You should finish what you’ve started”.

I know like no other that quitting your job can be very stressful. A dozen questions come up when you’re thinking about quitting your job, most starting with: What if?

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“What if I don’t find a job I love and regret quitting my current job?”
“What if I can’t find another job and I get in debt because I can’t pay my bills?”
“What if my family and friends judge me and disapprove of the decisions I make?”
“What if I quit my job to pursue my dream, but I fail?

After all, if you admit to the truth of your surroundings, you’re forced to acknowledge that you’ve made a wrong decision by choosing your current job. But don’t forget that quitting certain things in life can be the path to your success!

One of my favorite quotes by Henry Ford:

If you always do what you’ve always done, you’ll always get what you’ve always got.

Everything takes energy

Everything you do in life takes energy. It takes energy to participate in your weekly activities. It takes energy to commute to work every day. It takes energy to organize your sister’s big wedding.

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Each of the responsibilities we have take a little bit of our energy. We only have a certain amount of energy a day, so we have to spend it wisely.  Same goes for our time. The only things we can’t buy in this world are time and energy. Yes, you could buy an energy drink, but will it feel the same as eight hours of sleep? Will it be as healthy?

The more stress there is in your life, the less focus you have. This will weaken your results.

Find something that is worth doing

Do you have to quit every time the going gets touch? Absolutely not! You should quit when you’ve put everything you’ve got into something, but don’t see a bright future in it.

When you do something you love and that has purpose in your life, you should push through and give everything you have.

I find star athletes very inspiring. They don’t quit till they step on that stage to receive their hard earned gold medal. From the start, they know how much work its going to take and what they have to sacrifice.

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When you do something you’re really passionate about, you’re not in a downward spiral. Before you even start you can already see the finish line. The more focus you have for something, the faster you’ll reach the finish.

It is definitely possible to spend your valuable time on something you love and earn money doing it. You just have to find out how — by doing enough research.

Other excuses I often hear are:

“But I have my wife and kids, who is going to pay the bills?”
“I don’t have time for that, I’m too busy with… stuff” (Like watching TV for 2 hours every day.)
“At least I get the same paycheck every month if I work for a boss.”
“Quitting my job is too much risk with this crisis.”

I understand those points. But if you’ve never tried it, you’ll never know how it could be. The fear of failure keeps people from stepping out of their comfort zone.

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I’ve heard many people say, “I work to let my children make their dream come true”. I think they should rephrase that sentence to: “I pursue my dreams — to inspire and show my children anything is possible.” 

Conclusion

Think carefully about what you spend your time on. Don’t waste it on things that don’t brighten your future. Instead, search for opportunities. And come up with a solid plan before you take any impulsive actions.

Only good things happen outside of your comfort zone.

Do you dare to quit your job for more success in life?

Featured photo credit: Unsplash via unsplash.com

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