Boosting Your Awareness Quotient
Are you on the hunt for new business opportunities? Check out these well-proven sources.
If you're searching for new ideas that may help you start orgrow a business, take a look at the following list. As simplisticas they may seem, these tips and techniques really do work.
- Read--daily, diversely and voluminously.
- Surf the Net with your entrepreneurial mind alwaysactivated.
- Avail yourself of group sources--trade associations, tradeshows and personal networks.
- Make inquiries throughout your extended infrastructure--queryprofessionals (lawyers, bankers, etc.), academics, suppliers,government agencies.
- Seek out recognized leaders in your field--and others--fortheir advice or reactions to ideas.
- Study the competition--"market intelligence" is anapt phrase.
- Keep an eye out for stories of unexpected business outcomescovered in the media.
- Attend to and note demographic changes.
- Say abreast of shifting market trends and larger patterns thatcan be applied elsewhere.
- Analyze the "problems of the day," especially whatfolks are griping about.
- Query people about their unfulfilled wants and needs.
- "Make a study" of observing (and overhearing)people.
Excerpted from Extreme Entrepreneur: Intelligent Information fromthe Edge