Creativity is one of the things that lead us into a new world of change and technology, such as Thomas Edison bringing us light, Alexander Graham Bell bringing us telephone, Karl Benz the very first inventor of the car, and many more… Because this is the values of the people that brought us ease and less hardship in life, for change and innovation are inevitable. But some breadth of people brought it about in return in a form of business venture. These people brought about some things that made our lives much easier. But creating a business idea is in a very different league. Business idea is not of mere creativity, but requires an enormous amount of knowledge, research, and self confidence of you in order for it to be a success. It requires a devotion of your life and works putting everything in your business venture.
A business idea can be created through many means. This are brainstorming, reverse brainstorming, brain writing, Gordon method, checklist method, free-association and the big-dream approach. And after the idea of a business is brought up, it should be screened and evaluated before the entrepreneur proceeds to the succeeding parts of the business plan. The product which is the life blood of the business must be planned thoroughly for the success of the new venture.
Some people have their ways of creating a product that could satisfy a costumer, because for them a costumer is the most important factor in putting up a business. Two of these people are W. Chan Kim and Renee Maugborgne. One of there articles “Winning Business Idea When You See One”(http://hbr.harvardbusiness.org/2000/09/knowing-a-winning-business-idea-when-you-see-one/ar/1). This article discussed about the tools that can be used as a guide in getting the right moves for your venture. Such tools are Buyer Utility Map, the Price Corridor of the Mass and the Business Model Guide. Another article which was made is Kim and Mauborgne have caught my eye and these articles have many concepts that can really put you on top of success. A concept is creating new market space or "Blue Ocean" (http://en.wikipedia.org/wiki/Blue_Ocean_Strategy)rather than competing in an existing industry. Truly these businesses gurus have given us the guide of proper implementation of our knowledge and opportunities and giving us the proper way of establishing our evaluation in the venture we want to start.
And as a student I came to realize how important a business idea would have been. Dreaming of a venture as myself, I came into conclusion the most important steps in making and conducting a business plan out of our creativity. And as a subject requirement we are also experiencing the same practice that the people want us to implicate out Professor Sir Ramon Duremdes Jr., we are ought to establish a business plan out of brain storming, and together with my group mates come up of a business of our own. With the proper use of our knowledge we have able to find the activity relatively easy because of the steps we taken in the past lesson. Truly a wonderful success waits of those who have the proper knowledge, idea, and a little bit of creativity would lead the very successful venture or an entrepreneur.
School link:
http://apc.edu.ph
Professor link:
http://www.facebook.com/people/Ramon-Duremdes-Jr/577444054
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