It’s time to go around looking for or scouting for some lucrative business ideas.
Yes, go around scouting for ideas. Have in your hand a note book or a journal and a pen.
To be honest with you, I did this and I got about 10-15 ideas in one day; both small and big ideas.
This was when I realized that when you sit at one place, you won’t have any great ideas popping into your heads.
However, as you start scouting and going about to places-to the malls, to the supermarkets, schools, shops, roadsides, walking through residents, observing nature, trees-you will end up seeing business ideas in many of these elements of nature, which you should jot down with your pen into your notebooks.
Now, as soon as you get to the house, sort them out or analyze them to see those which are more capital intensive and those which are less capital intensive.
For those ideas which need no huge capital at all, you can decide to start with them.
However, those ideas which are a bit capital intensive you could look for investors for them.
This means, while you could personally start with those which are less capital intensive, you could look for investors for those which are a bit capital intensive.
You could also think of discussing the more capital-intensive business ideas with members of your family or with a friend. When in need of funding, you could also list your big ideas on some good crowd-funding sites to get funding or financial supports so that your idea will come into fruition.
It is good to have a business idea.
Surely, this idea could give you all the money you want or may need in life.
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