How To Come Up With A Great Idea?! The Small Business Solver

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Presentation transcript:

How To Come Up With A Great Idea?! The Small Business Solver

Agenda What is classifies as a new idea? What types of new ideas are there? Where can you find them? How do you know if they are a good idea?

What is classifies as a new idea? For a patent it needs to be; Novel – first one Useful - functional Inventive - not be obvious to others

Where can you find them? Personal experience Hobbies / things you do Accidental Intentional New information

What types of new ideas are there? New product / service New process New market New inputs New structure or business model New ways to connect with customers New financing models New human resource models

How do you know if they are a good idea? Environmental analysis  PEST  Competitiveness Internal/External analysis  SWOT  Passion  Financial Goals Market analysis  Willingness to pay  Reachability

Agenda What is classifies as a new idea? What types of new ideas are there? Where can you find them? How do you know if they are a good idea?

How To Come Up With A Great Idea?! The Small Business Solver