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Create Business Ideas that Solve Difficulties & Problems

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Free Business Ideas Tool

Business Idea Tool – Solving difficulties and problems

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There are a number of steps to follow to get the most out of this guide: 1. Develop the right frame of mind to record your activities

2. Prepare to track what you do through the day / week

3. Notice and note down potential problems

4. Review for potential business ideas

5. Revise, think about and shortlist your ideas

Steps to follow in this guide

Welcome to this Business Ideas Tool from Business Bulletpoints. This tool is designed to help you create, capture and refine business ideas based on solving difficulties and problems.

Introduction

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You’ll get the most out of this tool if you use it alongside the Business Bulletpoints Blog Article which you can access via the link to the right.

Get the most out of this tool Create a business idea that solves difficulties and problems

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Business Idea Tool – Solving difficulties and problems

The picture below shows how these first two steps fit together

A summary of the first two steps

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Business Idea Tool – Solving difficulties and problems

This technique starts with developing the right frame of mind to record and track difficulties

You’ll need to be aware of your thought processes

You’ll capture ideas best if you have a calm, relaxed emotional state

Aim to be:

• Calm • Relaxed • Observant • Attentive • Objective • Aware of your thoughts and feelings

Step 1 – Develop the right frame of mind to record activities

Pick a time to start tracking your activities

Ensure that you can track activities for a reasonable length of time

Remember this doesn’t just need to be ‘business’ interactions

Step 2 – Prepare to track what you do through the day / week

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Business Idea Tool – Solving difficulties and problems

The picture below shows how the next two steps fit together

A summary of the next two steps

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Business Idea Tool – Solving difficulties and problems

Go through your normal daily routines

Pay careful attention to the things that annoy or frustrate you, or that you think could be done better

When you come across one of these, note it down below

Step 3 – Notice and note down potential difficulties

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 1

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 2

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Business Idea Tool – Solving difficulties and problems

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 3

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 4

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 5

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Business Idea Tool – Solving difficulties and problems

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 6

Activity – What are you trying to do?

Problem – What is it that is difficult or frustrating you?

Notes

Number 7

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Business Idea Tool – Solving difficulties and problems

Go through each of the items you’ve captured and note the reference no and a brief description below

Review and answer the questions

If you can answer ‘Yes’ to all of the questions, you have a candidate for developing into a full business idea

Step 4 – Review for solutions and ideas

Number Brief description of problem 1

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

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Business Idea Tool – Solving difficulties and problems

Number Brief description of problem 2

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

Number Brief description of problem 3

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

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Business Idea Tool – Solving difficulties and problems

Number Brief description of problem 4

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

Number Brief description of problem 5

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

BUSINESS BULLETPOINTS

Business Idea Tool – Solving difficulties and problems

Number Brief description of problem 6

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

Number Brief description of problem 7

Is this a problem that other people might face? Is this a problem that I can think of a solution to? Do I have the ability to solve this problem? Would people pay to use the solution that I build?

Y / N

Y / N

Y / N

Y / N

Brief description of solution

Once you’ve completed this, you’ll want to shortlist your business ideas.

Step 5 – Shortlist your business ideas

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Please find links to useful books below

Business Idea Tool – Solving difficulties and problems

Further Resources – Useful books

Book Title Amazon US Amazon UK Amazon CA

The $100 Startup: Reinvent the Way You Make a Living

View / Buy View / Buy View / Buy

‘Here, finally, distilled into one easy-to-use guide, are the most valuable lessons from those who’ve learned how to turn what they do into a gateway to self-fulfillment.’

The Six-Figure Second Income View / Buy View / Buy View / Buy

‘If you're tired of the gimmicks and scepticism that anyone can really succeed online, this book will give you the no-hype, no-nonsense advice you need.’

One Simple Idea for Startups and Entrepreneurs

View / Buy View / Buy View / Buy

‘The author helps you live the entrepreneurial dream by delivering a proven, straightforward process for starting, growing, and running a business.’

The 4-Hour Workweek View / Buy View / Buy View / Buy

‘Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times.’

Other books on business ideas View / Buy View / Buy View / Buy

Other popular books on business ideas on Amazon.

Please note that the book links above are affiliate links; this means we get a small commission when you visit and purchase from Amazon. This doesn’t cost you anything but helps us to maintain and produce our free guides.

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Please find links to other useful resources below

Business Bulletpoints Resources

Build a business idea on your skills & expertise

Four tools to help you find your business idea

Free Business Software List

Further Resources – Useful links

Business Idea Tool – Solving difficulties and problems

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www.businessbulletpoints.com/create-a-business-idea-that-solves-difficulties-and-problems

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Business Idea Tool – Solving difficulties and problems