ACT OF

FORMING
IDEAS COMMUNICATION
PRODUCE OF NEW
THOUGHTS AND
IDEAS CONCEPTS

Generate
Ideas
CREATE BRING
IDEAS ABOUT
DEVELOP
IDEAS &
THOUGHT
Generating and
Selecting Business
Ideas
 the act of forming ideas
it is a creative process
What does that encompasses the
generating generation, development
ideas mean? and communication of new
thoughts and concepts,
which become the basis of
your innovation strategy
 THE

Why do we BUSINESS
IDEA

need to CREATES A
REASON TO

generate ideas INVEST, AND

IT ALSO

for business? CREATES

SALES AND
PROFIT.
10 Great Ways to Generate Business Ideas
1. Start with family.
2. Get a little help from your friends.
3. Look at all the things that bug you.
4. Tap your interests.
5. Travel.
6. Keep your eyes open.
7. Examine old mousetraps -- then build a better one.
8. Take it to the streets.
9. Sleep on it.
10.Go online.
THINGS YOU SHOULD KNOW
ABOUT BUSINESS IDEAS
There are very few original business ideas.

Good ideas rarely come in a flash – they take time to develop.

The idea doesn’t have to be yours – you can copy someone else as
long as it is legal.
SELECTING THE RIGHT IDEA
SELECTING THE RIGHT IDEA
SELECTING
THE RIGHT
IDEA
SELECTING THE RIGHT IDEA
SELECTING THE RIGHT IDEA