How do you know your idea is a good idea? How do you know your idea is worth? There are three things that an idea must have: proactivity, adaptation and action. A new business idea must be fresh and give a new reply to a problem or need. It should be based on a proactive attitude. You should see unmet needs or market movements before anyone else. It is similar to what we talked about in our post of the hybrid innovation. If your position in the market is better than the rest of the enterprises, you’ll get many processes dominate. That’s what happened to the Amazon company, opted for e-commerce many years ago and now is a giant whose value is incalculable.

New Business Ideas: adaptation and action

These are some tips we can give you.

  • Build in your company the idea of strategic planning. That means your company has a long-term target and everybody knows it. You will need a good internal communication.
  • Diagnose your enterprise and know if you are ready for the challenge. Here you can know what you must diagnose.
  • Start working. You must be prepared for failure. But you can not know if your idea is good until you make come true.

But, as we’ve always said, we can not start a project without a plan, a strategy. You, entrepreneur, can not know if your product is ready for other markets if you first have not studied your audience or has developed some specific strategies and actions based on long-term objectives. It is what the Business Innovation’s method offers, based on Bill Aulet’s method.

At Business Innovation we want to find 11 entrepreneurs whose enterprises are ready for conquer and explore other markets. If you want to change your business models or try to sell your products or services in another country, contact us and we will help you. We are not looking for the young entrepreneur with a big idea. If you are an enterprise who want to transform into a global company, this is your opportunity.