Generate some new entrepreneurial ideas
If you’re at the starting point of your product/entrepreneurial journey, the best way to get an idea on which to base your product and your future are to solve a problem that you’ve personally faced.
There’s a fundamental reason behind it. If you haven’t faced the problem yourself, you really won’t be able to understand the gravity of the situation, and you won’t be able to come up with the right solution. If you wouldn’t understand the problem very well, you won’t be genuinely passionate about solving it. And, when you will inevitably face challenges, you’ll quickly give up and move on.
If your foundation is clear, you can adopt Rapid Prototyping or Lean Startup methodology to move forward.
To keep innovating, the above approach will help for sure, but you can also check out Design Thinking principles which are specifically designed to bring innovation. Necessarily, Lean Startup and Design Thinking principles are the same, but the application is slightly different.
Hope that helps.
Nobody will answer your question accurately. However, I can tell you that thinking about great new ideas should start by really thinking out of the box. Many people are very eager to come up with new ideas, but their mind is always almost want to copycat something that already exists and try to come up with something similar.
Today, we are living in a world of fast-paced inventions and ideas creation. There is a high completion in coming up with the next idea. Our advice to you is to think outside your environment about ideas that would solve issues that we have now or we might encounter at some point in life.
There is a lot of time when you see someone comes up with a great idea, and you go “Why I did not think of that!” The reason why is because we tend to either think within our limitations or overthink.
Here are seven ways how one can generate some new ideas
- Engage in Observation Sessions.
- Socialise Outside Your Normal Circles.
- Read More Books.
- Randomly surf the Web.
- Keep a Regular Journal.
- Use Structured Exercises.
I believe keen observation, combined with W5H (what, when, where, who, why and how), is the most critical factor in developing creativity. Most of the ideas are a combination of knowledge, experience and inspiration from day to day examples.
This is what I do. If I see an example of a design or product or solution that works well, I make a mental note of it. Then I think about where else I can apply its use, what happens if I reduce/increase its size, weight, etc. There are many examples where an altered version of a product has a different use for different user segmentation for a different challenge that wasn’t thought of during the original product creation.
The other way that has been helpful in generating new ideas is to reduce the availability of the resources. If you can do something well in 10 hours, how can you do it in 8 hours? How can you reduce the cost without compromising quality? What are the features that can be combined or made reusable?
In summary, Observation, Analysis and Alternative thinking, Resource constraints help me churn new ideas.
Creativity is a faculty of the brain that has not been fully explained. You get new ideas because your mind can come up with something that it has not thought of before.
Usually, new ideas pop up when the brainwaves are tuned to a specific wavelength, between being awake and in a dream. Hence, we can get plans in dreams, when falling asleep or waking up, listening to music, or walking in nature, relaxing (which is scientifically proven to produce a relaxed and restored state of mind).
Of course, new ideas can be a product of “labouring”, i.e. analysing and thoroughly thinking a problem, but the more fruitful method seems to be to allow your mind wander and relax in search for the new ideas.
“Cross-pollution” also works well, i.e. don’t think of your problem or the need for new ideas, but do everything else: read, write, watch movies, walk and explore the city or nature, etc. When your mind ponders several unrelated things, it can draw new ideas from this expanding pool of influences.
Read. Read. Read More.
You have to make reading a habit. Now you have to decide the Subject. Anything that attracts you to read and find “why”. That’s a STARTING POINT.
From our childhood, our mind keeps telling you to find “why” and you can only detect by doing “how”.
That’s where…somewhere NEW IDEA is waiting for you. It’s a minding game; more you FEED him with KNOWLEDGE, RESEARCH, more you have NEW IDEAS.
According to the study, 93% of subconscious mind occupied with everything you READ, STUDY, EVENTS and that gives you input for your new ideas.
When I started my Unique Idea Business that doesn’t belong to my academic knowledge, I researched, studied and read about global automotive trend and launched the innovative model in India that inspired over 100 start-ups running today.