Business is a creative sport. To come up with a winning business idea you need to go for quantity over quality. In this video I share 9 different ways I’ve used to come up with my best business ideas.
I know Im asking randomly but does anybody know a way to get back into an Instagram account..? I was stupid forgot my login password. I would love any help you can give me!
1) Talk to Existing Customers 2) Mix and Match (Combine 2/3 Ideas) 3) Interview Big Companies 4) Searching Online (Forums, Blogs, Q&A) 5) Asking What's The Next Big Thing 6) Your Frustrations 7) Applying Yours Skills to New Field 8) Industries With Little/No Innovation 9) Making Something Cheaper 10) Finding a New Growth Niche
These are great strategies and very tactical. Another tactic is people watch. I once sat in front of a Starbucks during their peak rush hour and counted how many people came, what age group they were in, what they ordered and who they were with to get an idea of who the target customer was. It was really eye opening to watch people's purchasing habits.
Deepa Maisuria: I’ve been doing something similar! I’ve been keeping my eyes and ear open when in public spaces to help with drumming up ideas and unmet needs
@@ajelliott3496 You can't wait for "the future". 1. You never know when you're gonna die, it could be tomorrow. 2. You won't get anywhere just by making ideas, you actually have get out there and do something. 3. The sooner you start, the better.
You need to enter the matrix to then escape it. Realise that reality. Money can’t come from no where. Don’t get complacent and stay saving. I dropped out of uni (22) and am doing that. I’m working in retail so I know how to deal with customers and realise customer needs . I’ve now got about 10k in dollars saved up (not even 1 year) and I’m now looking to create my own business to then leave work to focus on becoming an entrepreneur full time. Let’s stay winning and hungry💪🏽
You need to enter the matrix to then escape it. Realise that reality. Money can’t come from no where. Don’t get complacent and stay saving. I dropped out of uni (22) and am doing that. I’m working in retail so I know how to deal with customers and realise customer needs . I’ve now got about 10k in dollars saved up (not even 1 year) and I’m now looking to create my own business to then leave work to focus on becoming an entrepreneur full time. Let’s stay winning and hungry💪🏽
I’ve taken multiple financial university classes and psychology and multiple classes at mit. I’m 16 and my oldest brother has a car company and wants me to help come up with ideas. If it goes well I’m gonna move across the state to live with him. It’s not only abt cars it’s equipment and what not. I just don’t know what I can bring to the table not the other members in the group
Dan, thank you so much for this video! I watched a few of your videos so far, and I have to say, you definitely provide a lot of value, for the time invested in watching. For myself, and many others in the intended audience for this video, we often are stuck in a state of overwhelm in the idea phase. You do a great job of breaking down something that may seem complex, into easy to understand actionable steps. Thank you! My current situation is trying to escape a 10 year career with the same company, in the auto insurance industry (auto damage estimator). I'm very detail oriented, great customer service, empathetic, care more about quality over quantity, good communication, I'm an awesome husband too (just ask my wife Sarah :-) Any thoughts on how I could apply these skills in a business or other field? Thanks Dan! Tom
Tom, thanks for the kind words and back story. I would love to help but my gift is helping companies scale / no so much the early days as for me that was soo long ago. However, email my buddy Pedram, that's his gift. He's a great friend (we just spent 3 days together in Toronto) and mention my name. Pedram Daraeizadeh How that helps. DM
Dan, Thank you very much for your reply. I like how you use the word "gift" to describe how you and Pedram best help others! I completely understand, I hope that maybe I'll need your help in the future then! I appreciate the contact info for your buddy Pedram, I will reach out to him. Thanks again! All the best, Tom
Hey Dan, i have been watching a ton of your videos, but i have one issue that keeps coming back... Coming up with ideas. I have tried a couple of businesses (shopify, print on demand, Amazon fba) and every time i keep running into the same problem. How to come up with a good idea. Even after watching this video i have questions about ideas. Do i have to be an expert in any field to start a software company? Right now I'm in sales and i dont have a lot of experience in that field yet. So I look for excisting saas products and try to improve that(i would not know how to do that since i dont use SaaS myself right now) I want to do something meaningful and now come up with some crappy idea, focus on that and finding out that nobody wants to use that software. How do i pick a niche for the software. Lots of 'gurus' tell to look for problems you run into yourself, but i must say, i dont have a lot (or i dont see them) Do you do brainstorm sessions or have think tanks with other like minded people and if so how do i find those people. I would love to get a little help here.
What's up! Truth is, you need to flex your idea muscle to come up with the right business ideas ... right now it's weak :) The way to do that is force yourself to come up with 10 business ideas each day for a week. Regardless how dumb they are, come up with them. Just go through life and look for friction. Answer the question "What if?..." What if the mechanic came to you (ex: YourMechanic.com - I'm an investor) What if we could rent our cars like Airbnb (ex: GetAround.com - I'm an investor) What if we didn't need a programmer to create a landing page (ex: Unbounce.com - I'm an investor) I'm not telling you that to show off ... I'm just telling you that because ideas are cheap, execution is everything and when you finally make money, you can invest in other peoples ideas if you're good at assessing them. So go do some reps! DM
This guy got lucky or got everything on a silver platter and is totally out of touch with what he is talking about lmao. Pretend to be a journalist? ....what??
Business is a creative sport. To come up with a winning business idea you need to go for quantity over quality. In this video I share 9 different ways I’ve used to come up with my best business ideas.
I know Im asking randomly but does anybody know a way to get back into an Instagram account..?
I was stupid forgot my login password. I would love any help you can give me!
1) Talk to Existing Customers
2) Mix and Match (Combine 2/3 Ideas)
3) Interview Big Companies
4) Searching Online (Forums, Blogs, Q&A)
5) Asking What's The Next Big Thing
6) Your Frustrations
7) Applying Yours Skills to New Field
8) Industries With Little/No Innovation
9) Making Something Cheaper
10) Finding a New Growth Niche
You nailed it!
DM
Thanks for the list man!
What if my frustation is looking for ideas ? :')
Thank you so much for this list!
i need an example for new field same skills :(( help
These are great strategies and very tactical. Another tactic is people watch. I once sat in front of a Starbucks during their peak rush hour and counted how many people came, what age group they were in, what they ordered and who they were with to get an idea of who the target customer was. It was really eye opening to watch people's purchasing habits.
Deepa Maisuria: I’ve been doing something similar! I’ve been keeping my eyes and ear open when in public spaces to help with drumming up ideas and unmet needs
good tip! plus, it's fun!
Wow I'm 17 too and really don't see myself as being anything but an entrepreneur!
I'm 13 and making ideas to use in the future
@@ajelliott3496 You can't wait for "the future".
1. You never know when you're gonna die, it could be tomorrow.
2. You won't get anywhere just by making ideas, you actually have get out there and do something.
3. The sooner you start, the better.
@@MK-kt9fl agreed
You need to enter the matrix to then escape it. Realise that reality. Money can’t come from no where. Don’t get complacent and stay saving. I dropped out of uni (22) and am doing that. I’m working in retail so I know how to deal with customers and realise customer needs . I’ve now got about 10k in dollars saved up (not even 1 year) and I’m now looking to create my own business to then leave work to focus on becoming an entrepreneur full time. Let’s stay winning and hungry💪🏽
Thanks for sharing . It really helps my school works a lot.
I'm 15 years old and I already have in my mind that I'm too good to be working for someone else
You’re 17 now so hopefully you still feel that way!
@@TransplantNative im 15 and relate with the above comment lol.
Why is this the same for me as well😅
You need to enter the matrix to then escape it. Realise that reality. Money can’t come from no where. Don’t get complacent and stay saving. I dropped out of uni (22) and am doing that. I’m working in retail so I know how to deal with customers and realise customer needs . I’ve now got about 10k in dollars saved up (not even 1 year) and I’m now looking to create my own business to then leave work to focus on becoming an entrepreneur full time. Let’s stay winning and hungry💪🏽
Humble yourself or someone else will.
I’ve taken multiple financial university classes and psychology and multiple classes at mit. I’m 16 and my oldest brother has a car company and wants me to help come up with ideas. If it goes well I’m gonna move across the state to live with him. It’s not only abt cars it’s equipment and what not. I just don’t know what I can bring to the table not the other members in the group
Do you still need an idea?
Bro, you need more subs. Your advice so far has been golden
This is excellent video and ideas for making ideas
great video sir appreciated you jus loved your thought of getting 10 ideas daily ...
Great video Dan! So many ideas to work on, will watch the filtering vid next! Cheers!
Robert Levesque thx Robert!
DM
Wow! Love this! Thank you for sharing your insight into this topic :)
Glad you enjoyed the video :)
this is extremely useful
awesome to hear 👊
Dan, thank you so much for this video! I watched a few of your videos so far, and I have to say, you definitely provide a lot of value, for the time invested in watching. For myself, and many others in the intended audience for this video, we often are stuck in a state of overwhelm in the idea phase. You do a great job of breaking down something that may seem complex, into easy to understand actionable steps. Thank you! My current situation is trying to escape a 10 year career with the same company, in the auto insurance industry (auto damage estimator). I'm very detail oriented, great customer service, empathetic, care more about quality over quantity, good communication, I'm an awesome husband too (just ask my wife Sarah :-) Any thoughts on how I could apply these skills in a business or other field? Thanks Dan!
Tom
Tom, thanks for the kind words and back story. I would love to help but my gift is helping companies scale / no so much the early days as for me that was soo long ago.
However, email my buddy Pedram, that's his gift. He's a great friend (we just spent 3 days together in Toronto) and mention my name. Pedram Daraeizadeh
How that helps.
DM
Dan,
Thank you very much for your reply. I like how you use the word "gift" to describe how you and Pedram best help others! I completely understand, I hope that maybe I'll need your help in the future then! I appreciate the contact info for your buddy Pedram, I will reach out to him. Thanks again!
All the best,
Tom
I'm 30 and stuck in a dead end job
great work. Really pinned down a lot of vague ideas into clear points.
Great video
👊
You are doing a good job, Thanks :)
Hey Dan, i have been watching a ton of your videos, but i have one issue that keeps coming back... Coming up with ideas.
I have tried a couple of businesses (shopify, print on demand, Amazon fba) and every time i keep running into the same problem. How to come up with a good idea.
Even after watching this video i have questions about ideas.
Do i have to be an expert in any field to start a software company? Right now I'm in sales and i dont have a lot of experience in that field yet.
So I look for excisting saas products and try to improve that(i would not know how to do that since i dont use SaaS myself right now)
I want to do something meaningful and now come up with some crappy idea, focus on that and finding out that nobody wants to use that software.
How do i pick a niche for the software. Lots of 'gurus' tell to look for problems you run into yourself, but i must say, i dont have a lot (or i dont see them)
Do you do brainstorm sessions or have think tanks with other like minded people and if so how do i find those people.
I would love to get a little help here.
What's up!
Truth is, you need to flex your idea muscle to come up with the right business ideas ... right now it's weak :)
The way to do that is force yourself to come up with 10 business ideas each day for a week.
Regardless how dumb they are, come up with them.
Just go through life and look for friction.
Answer the question "What if?..."
What if the mechanic came to you (ex: YourMechanic.com - I'm an investor)
What if we could rent our cars like Airbnb (ex: GetAround.com - I'm an investor)
What if we didn't need a programmer to create a landing page (ex: Unbounce.com - I'm an investor)
I'm not telling you that to show off ... I'm just telling you that because ideas are cheap, execution is everything and when you finally make money, you can invest in other peoples ideas if you're good at assessing them.
So go do some reps!
DM
Dan Martell thanks! Will def do this
This is a good video
Thank you.
Great video Dan! Keep it up!
More than appreciated!
DM
You copied this from the article on the entrepreneur magazine site on how to start a business!
I did research for this article and thought I gave it attribution in the video, no?
If not, link it up ... or I will.
DM
he put in practice the points number 2,4,6,10
Who is technical Dan
I have an idea to pitch to retail big box retailers i have the concept but its in tech field and i do not kbow how to hire or looks for a tech person?
guys i have an ideas of business of web developer , i need a support
Talk to customers?
Well I'm sorry sir but if we don't have idea how will we suppose to know who is our customer 😂😂😂
This is how
ua-cam.com/video/3_A5JNLeHAQ/v-deo.html&app=desktop
Search my channel.. it's all there.
I’m 13 what am I doing here
what's wrong with that?
Anybody here who has some knowledge about building apps?
Heard him say “like” a thousand times in every sentence. Closed video
dailylife learning I’m getting better ;)
This guy got lucky or got everything on a silver platter and is totally out of touch with what he is talking about lmao. Pretend to be a journalist? ....what??