How to generate new business ideas: The startup guide

Generating business ideas can be challenging, but it's essential to start with a problem to solve - one that customers would pay for. Research and gather information on the problem and assess its validity for business by determining if customers would be willing to pay for a solution and if it could be profitable. To understand your target market, profile customers by specific criteria and focus on a specific group to streamline your products and services. Develop a list of potential solutions and substitutes, analyzing the pros and cons of each, and collaborating with other people to gain diverse views on the problem. Test your solution by gathering feedback and improving it before starting the cycle over again until you have reached the final version. Using a platform like Accept Mission can make idea generation simpler.