Generating a Business Idea
Summary
In the world we live in today. Businesses have shown great potential in making people excel in their lives as compared to employment. Today tens of thousands of people are thinking of starting their businesses, and in my case, I am also one of them. The good news is that all it needs is for me to make sure I have the qualities of an entrepreneur. To me, I consider risk-taking, creativity, and hard work as the main qualities to consider. Considering I am well learned and a student pursuing business in school, I would want to start a business that offers business plan services and business consultations. I offer expansion possibilities and give ideas to my clients about business and more so be able to provide a soup-to-nuts business plan to them that will include financial statements, business plan narratives, and market research. I will charge my clients for the business plan and the consultations, which the main objective and service that the business will be offering the other services as add-ons. I will use electronic files, and that is what I will be giving the clients. To be a consultant we all know that I have to be an expertise in market and business research and be I in a great position to market myself as business advisor which I will also incorporate business coaching and in this regard, I will like feel greatly benefit from it through the one-one. In essence, one business coaching and I will start it cheaply and affordably and increase prices considerably after getting the right customers. To this, I have to be very ready to experience the potential drawbacks of entrepreneurship like competition. And most importantly, make sure that I remain creative by avoiding ambiguity and fearing mistakes and failures since thy are part of life and business, and we can always learn from the positively.