How To Generate Unique Business Ideas That Make Money?

By Abel Cheng 

Every money making opportunity that you see boils down to one common thing: idea. As you know the best ideas pay. The most creative ideas pay.
The best thing about ideas is it's free and everybody has the capability to think of ideas.
In order to be creative and innovative about ideas, you have to have knowledge. Knowledge is important. You need to know thousands of things to be creative.
Below are steps that you can take to come up with profitable innovative ideas:

1) Read and study as many things as possible about your industry or product. You need to investigate specific information of what you are going to sell. For example, if you want to be involved in real estate, you study everything about the subject matter in details. If you want to start a business, you have to know what's going on in your industry, what sells and at what price, etc.

2) Improve general knowledge. Don't limit yourself to only learn about things in your own industry. Learn as many topics as possible from other industries. It can be any topic. This enables you to think out of your own industry.

3) Mix and match ideas from cross industry. Once you investigate and research enough, your mind is the
storehouse of all the ideas you have studied. And this is the main source to your creative ideas. All the knowledge you have learned so far is the raw materials to produce new ideas.

4) Thinking of raw idea. After you have done your study, think hard about the solutions you want to your problem. Then stop and relax. Get a cup of coffee or go for a movie. Do something relaxing and let your subconscious mind work for you. The idea or solution will come to you at a much unexpected moment. For me, ideas always come to me before I sleep. My mind will be bombarded with ideas that I can't stop.

5) Refine your raw idea until it's up to your satisfaction. You can always do your own research on the raw idea by asking questions to target market to test the feasibility of the idea and how to improve the idea further.
Basically new idea is a combination of old ideas. You need to have enough old ideas to come up with new ideas. That's why constant reading and observation are important.
Sometimes when someone has launched a new product, you would say, "Hey! I thought about that before. That's my idea." You might have had thought about the idea but you didn't capitalize on it. Someone has done it before you.
It's always good that you have an ideas book. Whenever you think of a good idea, write it down. You can always work on it or improve it later. Bring along the ideas book wherever you go. It doesn't need to be fancy. It can be a normal pocket-sized spiral notebook.

With the method outlined above, I hope that you will be the next person who makes fortunes with unprecedented ideas that people can never think of.

Abel Cheng is publisher of Abel Cheng's Business Diary, a free publication that provides unorthodox home and small business success tips, tools and resources. Get instant access to his publication at http://www.abelcheng.com/diary.html
Article Source: http://EzineArticles.com/?expert=Abel_Cheng

Start Making Money Online With These Online Business Ideas

By Cynthia Minnaar




A great online home business idea would be to offer your expertise to other online business owners. On the internet you will find that you can start making money online doing things for other people. People will pay you to do things because they either do not know how to do them themselves or just cannot spare the time.

Writing offers a tremendous opportunity to start making money online. People use the Internet to search for information. Therefore, the online businesses that make the most money are the ones that can provide the most useful information. A very popular way of marketing an online business is article writing and distribution and many webmasters look to others to write their articles for them.

One way the search engines determine the value of the site itself is through back-links so Webmasters are always striving to build more back-links to their websites in order to gain higher rankings.

Doing some of the back-link building tasks for business owners is a great online business idea to start making money online. Such tasks would include posting in forums, making blog comments, participating in the social network sites, submitting the website to online directories and article marketing.

In order to maintain good search engine rankings it is paramount that unique and useful content is added to websites and blogs on a regular basis. Many people are more than willing to pay someone else like you to do it for them because they just cannot come up with ideas of their own. Just by writing for other website owners you can start making money online very quickly with your own online business.

You may want to consider starting your own blog as Blogging is extremely popular right now. Adding links to products you sell within the blog articles themselves, adding affiliate marketing banners of your own to your blog, and selling advertising space on your blog to other blog owners are ways that you can start making money online by blogging.

An online business idea requires total commitment to become a reality so do one thing that the majority of successful people marketers do and that is concentrate on doing what you enjoy most and outsource the rest.

You can make a fortune online if you can get your online business to where you have enough money to do this one thing. Everyday will be a pleasure as you will always enjoy getting up and going to work!

The worst thing you can do is put all your eggs in one basket when it comes to making money online so be sure to create multiple streams of income. To protect your financial investment stay focused and build one profitable website then be sure and build another one focusing on a different online business idea.

Cynthia Minnaar owns and runs her own online business ideas website full-time from home and she invites you to visit her site for more ideas on how to start making money online.
Article Source: http://EzineArticles.com/?expert=Cynthia_Minnaar