Archive for the ‘business ideas’ Category

Balancing Creativity with Practicality

by admin on Saturday, January 31st, 2009

In our last post we talked about the need for creativity in business to be balanced with an eye on practicality - creativity serving the business, not creativity for creativity’s sake.

I highlighted five simple ways to help keep them in balance, so today I thought it would be worthwhile to look at them in more detail.

Don’t reinvent the wheel.

Chances are that your business can learn from others both within, and outside, your industry. Look around to see what successful people in other fields are doing then adapt their solutions to your particular situation. It’s not cheating if you expand on a concept that came from somewhere else but don’t bother spending too much time copying your competitors – the idea is to stand out as an innovator, not be seen as a copycat.

Don’t be afraid to be different and pursue good ideas.

Setting yourself apart from the competition is essential in a competitive marketplace. So, when you do manage to have an epiphany at three in the morning, don’t be afraid go after the idea. That said; there’s rarely a need to gamble the farm on one idea. Big ideas are good but gamble small, test frequently and when you do fail (and you will), fail small and learn quickly.

Think twice before throwing out a “bad” idea.

Ideas that seem implausible, impossible or silly may still have potential. Even if the idea doesn’t have legs right now, it can often evolve into something more usable over time and with a bit of tinkering. Keep a file of ‘passed on’ ideas and go back to it from time to time.

Find your inspiration.

Inspiration comes in all shapes and sizes. Be inspired by anything and everything from fashion to websites to what the ‘big players’ in your industry are doing. Start a ‘swipe file’ of nice ideas from other businesses that you can adapt (or even outright copy) for your business. Often, a little work can help transform big business ideas into workable small business ideas.

Focus on the ‘big idea’.

Whatever ideas you do come up with to set yourself apart, remember why you’re striving for those new ideas in the first place – to help communicate your one big idea and make it work.

Seven Great Sites for Finding New Business Ideas

by admin on Monday, December 22nd, 2008

Whether you’re looking for an idea to start a business or ideas to grow your existing business, inspiration can often be found in what other businesses are doing.

Here are seven great websites for doing just that:


Springwise.com & Trendwatching.com

Springwise and it’s sister site Trendwatching utilise a network of thousands of individual spotters from around the world who all send in innovative new business ideas that they see or hear about.

Spingwise and Trendwatching give them context and show how they relate to bigger ideas.

Trendhunter.com

Trendhunter calls itself ‘the world’s most updated, largest collection of cutting edge ideas’. Everything from fashion trends to business ideas are represented and there are fresh ideas pouring in from across the globe 24 hours a day. It all seems a little daunting at first but if you spend a few minutes getting used to the site you’ll find plenty to keep your mind buzzing with ideas for days.

NicheGeek.com

Perfect inspirational fodder for small business - especially online business - ideas. Did you know that people make money suggesting domain names or that smashing plates in San Diego is a great new business idea.

KillerStartups.com

They review 15 online startups every day. What more do you need to know?

Innovation.alltop.com

If you haven’t come across AllTop before, it’s a categorised collection of the world’s top blogs. The Innovation category may be a little techie for some people but there are dozens of interesting sites to check out and keep up-to-date with the latest thinking and innovations.

StumbleUpon.com

Install the Stumble toolbar, tell Stumble what you like and then let it bounce you around dozens of websites in your niche. 90% of what you find might just be a diversion but even if 10% of what you find gets you thinking, it could be well worth 20 minutes of your time.

Oh, and don’t forget to give us a little Stumble too.

How to Find Great Business Ideas

by admin on Monday, December 15th, 2008

How do you find inspiring business ideas?


Inspiration is supposedly just 1% of success, with perspiration making up the other 99%.

But that one percent is often the part that motivates you to do all the perspiring in the first place. So where can you find inspiring ideas for your next business venture?

Find ideas from existing businesses


What would you change about the business you work in at the moment? How would you make it more profitable, attract a different type of customer or be a more enjoyable place to work?

What about other businesses you deal with?

Some of the best businesses out there have been created in reaction to other businesses. Fixing things. Doing things better. Serving a different or related market. Becoming more specialised.

Get inspired by other new businesses


What other new businesses have you seen launched recently and thought, “what a great idea”?

Could you adapt that business idea to your market, to your industry or to a whole new set of customers? Could you work with a business like that - providing complimentary services, customisation or extras?

Keep up to date with great new ideas by subscribing to sites like Spingwise.

Get inspired by trends, society and the media


What’s happening in the world? What direction are things going? Could the economic woes be an opportunity in your industry? What about concerns over global warming?

Some of the most inspiring new business ideas are born out of trends. Become a trend hunter and go from there.

Be inspired by your own personal experience


What business do you wish existed in your town or city? What kind of website would you like to see? What kinds of products do you wish were available? What annoys you?


Ask the right questions and inspiration is everywhere - and when you find an idea that’ll get you out of bed in the morning and keep you up at night ….

join acfuse.com and find the partners and investors you need to make it a reality.