How To Come Up With Winning Business Ideas (9 Simple Strategies)

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Are you still stuck at the idea stage? Do you know how to come up with the best business ideas? In this video, I share my top 9 strategies for finding the winning ideas by looking at the world around you.

Instagram: @danmartell
Twitter: @danmartell
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Business is a creative sport. To come up with a winning business idea you need to go for quantity over quality. In this video I share 9 different ways I’ve used to come up with my best business ideas.

danmartell
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1) Talk to Existing Customers
2) Mix and Match (Combine 2/3 Ideas)
3) Interview Big Companies
4) Searching Online (Forums, Blogs, Q&A)
5) Asking What's The Next Big Thing
6) Your Frustrations
7) Applying Yours Skills to New Field
8) Industries With Little/No Innovation
9) Making Something Cheaper
10) Finding a New Growth Niche

samliran
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These are great strategies and very tactical. Another tactic is people watch. I once sat in front of a Starbucks during their peak rush hour and counted how many people came, what age group they were in, what they ordered and who they were with to get an idea of who the target customer was. It was really eye opening to watch people's purchasing habits.

DeepaMaisuria
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Wow I'm 17 too and really don't see myself as being anything but an entrepreneur!

skb
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You need to enter the matrix to then escape it. Realise that reality. Money can’t come from no where. Don’t get complacent and stay saving. I dropped out of uni (22) and am doing that. I’m working in retail so I know how to deal with customers and realise customer needs . I’ve now got about 10k in dollars saved up (not even 1 year) and I’m now looking to create my own business to then leave work to focus on becoming an entrepreneur full time. Let’s stay winning and hungry💪🏽

ajtracks
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I’ve taken multiple financial university classes and psychology and multiple classes at mit. I’m 16 and my oldest brother has a car company and wants me to help come up with ideas. If it goes well I’m gonna move across the state to live with him. It’s not only abt cars it’s equipment and what not. I just don’t know what I can bring to the table not the other members in the group

isaacpabon
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Thanks for sharing . It really helps my school works a lot.

perezjulieannmaei.
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I'm 15 years old and I already have in my mind that I'm too good to be working for someone else

everybasketball
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This is excellent video and ideas for making ideas

desireco
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Wow! Love this! Thank you for sharing your insight into this topic :)

katrinaruthministries
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Dan, thank you so much for this video! I watched a few of your videos so far, and I have to say, you definitely provide a lot of value, for the time invested in watching. For myself, and many others in the intended audience for this video, we often are stuck in a state of overwhelm in the idea phase. You do a great job of breaking down something that may seem complex, into easy to understand actionable steps. Thank you! My current situation is trying to escape a 10 year career with the same company, in the auto insurance industry (auto damage estimator). I'm very detail oriented, great customer service, empathetic, care more about quality over quantity, good communication, I'm an awesome husband too (just ask my wife Sarah :-) Any thoughts on how I could apply these skills in a business or other field? Thanks Dan!
Tom

sweenz
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Great video Dan! So many ideas to work on, will watch the filtering vid next! Cheers!

robnews
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Bro, you need more subs. Your advice so far has been golden

JagjitBrawler
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great video sir appreciated you jus loved your thought of getting 10 ideas daily ...

Billionaire-Odyssey
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Hey Dan, i have been watching a ton of your videos, but i have one issue that keeps coming back... Coming up with ideas.

I have tried a couple of businesses (shopify, print on demand, Amazon fba) and every time i keep running into the same problem. How to come up with a good idea.

Even after watching this video i have questions about ideas.

Do i have to be an expert in any field to start a software company? Right now I'm in sales and i dont have a lot of experience in that field yet.

So I look for excisting saas products and try to improve that(i would not know how to do that since i dont use SaaS myself right now)

I want to do something meaningful and now come up with some crappy idea, focus on that and finding out that nobody wants to use that software.

How do i pick a niche for the software. Lots of 'gurus' tell to look for problems you run into yourself, but i must say, i dont have a lot (or i dont see them)

Do you do brainstorm sessions or have think tanks with other like minded people and if so how do i find those people.

I would love to get a little help here.

thijz
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I'm 30 and stuck in a dead end job

markusminny
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great work. Really pinned down a lot of vague ideas into clear points.

qetoun
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I have an idea to pitch to retail big box retailers i have the concept but its in tech field and i do not kbow how to hire or looks for a tech person?

sigifredocoria
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You copied this from the article on the entrepreneur magazine site on how to start a business!

theteenentrepreneur
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guys i have an ideas of business of web developer, i need a support

gabrieljalabani