Question

Enumerate various sources for a business idea.

17 Aug 2022
Answer :
Word Count : 1301

 various sources for a business idea:--

1. Past Work Experience:

If you have been working somewhere for the past few years, you have obviously been doing something right to still be on the payroll. During this time, you have gained experience in your field and been professionally exposed to various other fields. You have developed contacts both within your company and also elsewhere in the industry. You have picked up skills and may also have received training in a specialized subject.

Past Work Experience

 

Now, figure out what have you learned in all those years and how does that help you to choose a good business to start. Analyse what did you do within the company and will you be get paid to apply the same skills and know-how independently outside the company? Also, find out what needs and lacunae were you exposed to, which you may be able to profitably address now.

Can you think of your former employer as a potential client? I know of many software professionals who split from their employers and their first job was work outsourced to them from their former companies.

When you start a business in some way connected to the work you used to do, you start off with a lot of advantages. You bring with you your experience, technical knowledge, contacts, etc. That is a huge plus in the uncertain world of business.

2. Hobbies and Interests:

I envy professional athletes because they make a living out of what they love doing. John __________ __________ ___ ____ _____ ___ _______ ________ _________.
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