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Home / Archives for Developing an Idea

Developing an Idea

10 Prevailing Myths of Business Ownership

Feb 13, 2020 By Tim Berry

I was asked about common myths of business ownership that people still believe in 2019. I came up with a list of 10 common myths. Do you agree? That the business idea matters. As if ownership ought to depend on having the big idea. As if people steal ideas, or that’s even possible, much less […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Getting Started

12 Burning Questions to Ask Before Launching a Startup

Jan 20, 2020 By Louise Harris

Entrepreneurship is an essential thing we should be concerned about within this day and age—for us, our children, and grandchildren. Robots are taking over the majority of the jobs and careers many of us were brought up striving for. If you don’t have the inclination to start a business-post 2020, your financial future might be […]

Filed Under: Personal Readiness Tagged With: Developing an Idea, Planning, Startup

Building a Business for the Freelance Economy

Jan 6, 2020 By Anand Srinivasan

The freelance economy has seen impressive growth in the past decade. According to the latest stats, nearly 36% of American workers are involved in the gig economy in some form or the other, contributing over $1.28 trillion to the economy. The freelance economy is also witnessing similar growth in other parts of the world, including […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Freelancers, Getting Started

10 Tips on How to Protect a Software Idea

Oct 23, 2019 By Tim Berry

How to protect a software idea? I recently answered a related Quora question on this one. I took parts of this post from a previous post on how to protect an idea while building a business, but this one focuses more on software, specifically. That’s where I’ve spent most of my career, and still my favorite business, by […]

Filed Under: Software Tagged With: Developing an Idea, Intellectual Property, Software

How to Choose a Profitable Industry

Sep 10, 2019 By Jenna Cyprus

Most people who step into the small business world have some idea of what they want to do. They’ve got a passion, some kind of inspiration that lights them up—and that can be a great starting point. The problem is, passion projects aren’t always profitable and that represents a huge barrier to success. When shaping […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Getting Started, Industries

7 Crazy Startup Ideas That Worked

Aug 28, 2019 By Tim Berry

I believe many people put way too much stock in the startup idea. Doing the business, doing the work, getting things done, and execution are all more important. Obviously a bad idea can make a business unsuccessful, but a good idea is no guarantee. And very few successful businesses are based on being the first […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Infographics, Startups

What Do I Need to Do to Become an Entrepreneur?

Aug 13, 2019 By Tim Berry

Q: What do I need to do to become an entrepreneur? Being an entrepreneur is simply somebody who has launched a business. It’s not a set of traits or qualities, a state of being, or an attribute. It’s not a degree or certificate. It’s not an expertise. It’s did you start a business, or not? […]

Filed Under: Personal Readiness Tagged With: Developing an Idea, Education, Getting Started, Startups

“I Want to Start My Own Business, But Don’t Know What Kind of Business to Start!”

Jul 11, 2019 By Rebecca Dunne

In the last few years, we have seen a huge increase in entrepreneurship. More and more of us are looking to start our own business, Millennials especially. The idea of being your own boss, working at your own discretion and of course, the most attractive benefit—keeping the profits—is all well and good, but how do […]

Filed Under: Personal Readiness Tagged With: Developing an Idea, Getting Started, Growth, Passion, Planning

What Goes Up in a Down Economy?

May 28, 2019 By Brian Wallace

When any economic bubble bursts, a recession is likely to follow. Economists have been monitoring economic factors and signaling a coming recession, and potential bubbles that will drive it include the student loan bubble and the resurged subprime lending bubble. Yet while some industries suffer or even collapse during economic downturns, others survive and even […]

Filed Under: Creating a Plan Tagged With: Developing an Idea, Infographics, Recession

Recession-Proof Businesses

May 13, 2019 By FranchiseSolutions.com

The year 2009 marked the end of a global recession that hit America hard. Most people believe that starting a business during a recession is just as good as throwing your money into the sea. But, there are still recession proof businesses that can do well during economic downturns, also known as counter-cyclical businesses. Many […]

Filed Under: Franchise Center Tagged With: Developing an Idea, Getting Started

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Small Biz Gems

“Nothing great was ever achieved without enthusiasm.” —Ralph Waldo Emerson
A lecturer, poet, and essayist, Ralph Waldo Emerson was the leading voice of the New England Transcendentalist movement of the mid-19th century, which valued insight over logic while also advocating for humanity’s inherent goodness. This revelation comes from the closing paragraph of “Circles,” a chapter in his 1841 book Essays, First Series.

“I insist on a lot of time being spent, almost every day, to just sit and think. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”  —Warren Buffet

 

“I have not failed. I’ve just found 10,000 ways that won’t work.”  —Thomas Edison

 

 

“You can’t ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.”  —Steve Jobs

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Run & Grow

Business Continuity: Everything You Need to Know

May 14, 2022 By SmallBizClub

 Learning Strategies to Help Your Employees Get Hooked

May 13, 2022 By Becky Wilson

Top Trends for Small Businesses This Summer

May 11, 2022 By Becky Wilson

Here’s What To Do If Your Small Business Is Tanking

May 10, 2022 By Jeremy Bowler

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