My blog was all about how can creativity help creating business idea. As the time goes by, the technology grow bigger and bigger. You can do everthing you like in just a snap of your fingers. I remember when i transferred to Asia Pacific College from University of the East, we just got the application form in their website that lessen our time transferring from one school to another, But anyway, let us proceed to my topic now, as i have said earlier, because of the technology, many website now in the net that you can use as a guidelines or sources in creating business idea. You can even have someone to create business idea for you.
To create a good business idea i think, you must combine your skills with your creative imagination and market demand. As our Professor, Mr. Ramon Duremdes Jr. taught us the late mover and the early mover and i have learned from our discussion that the timing is important in entering marketplace. One of the good example of mover that our Professor given was his personal experience in Smart the leading wireless service provider in the Philippines, it is his idea to have a prepaid services, then the other networks follow it and now, it widely used, even by other telecommunication companies. It is a great idea indeed. For me, creating Business idea was not that easy, we must consider a lot of things and research a lot.
One of the activities that our professor gave to us was to create a business idea, but before that, he gave us a group work, and that is to have a list of the things that we think most of the students desires, irritants, frustrations and inconviniences. He let us brainstorm. We used that group work of ours to create business idea that he assigned us to do. I've learned that in order to create a good business idea, we must now first what is our target market, if it is our market's need, it must be unique and competitive. This is now the time that we will use our "Creative Mind" in creating business idea.
Have you read the “Knowing a Winning Business Idea When You See One” by W. Chan Kim and Renée Mauborgne? well. if not, i recommend it to you, it is one of my assigned readings, in this article, they provide a good example of companies and discussed many strategies in line with the topic, they have many tools that is useful in business ideas . They offer a systematic approach to reduce the uncertainties of innovation.
I have read also one good article about business idea in many good ideas site. It is also hepful for us to read some blogs and forums about creative business ideas, we can have ideas in their forums. If you want to read some, you can go to Business ideas forums.
