How do I convert an Idea into a Business?

[Heatman]

Turning a idea to a business is a good thing that any body wish to do, but not every body has a privilege to get a capital to start the business. Therefore, those people that capital to turn a Idea to business have to put in mind that he/she must pay what it takes to run the business successfully.

The truth of the matter is that is not a business idea can actually be turned into a business because of the challenges that such idea can pose when it comes to really turning it into a business.

 

[jay]

Firstly, you have to Figure out what problem is being solved. Find your market. Find your support. Create a financial model and plan the first phase. Figure out your source of capital. Build the MVP. Find the pivot and stay positive.

Problem solving is one of the best way for you to turn idea into a business plan because once you can be able to identify a problem it is already a business idea that can be made realistic.

 

[kayode10]

The starting point of creating idea into a business is to first write it down. Writing it out will help to shape they are there in the something. After that you can obtain a copyright for the idea if it has not been in existence before. The next thing is to contact a business expert to tell you the next thing you need to do with your idea.

 

[Grandeur]

one more thing is that you need to required budget and capital for it to release, business can't be unfortunately started without money, unless you are offering a service that doesn't include any material or anything else that has to be bought in order to get that service done

The life of a business is the cash flow, that's a given but then if the business is started how does one attract customers to keep providing money for the business.

 

[Shigobad20201]

In my own opinion , converting an idea into a business proper is not quite difficult , you first need to start making research on the idea and make it into a business plan by researching on how to start the business , the fund you need to start and the location that suits the business.

 

[Ononivami1]

The most important thing that will make you convert your idea into real business is when you have the necessary resources. Once the resources that are needed is on place, then you will likely get the business functioning.

 

[Heatman]

Your article is not really straightforward and doesn't actually solve the question. Turning a business into an idea would require a decent amount of capital, a proper business plan and a favorable economic environment.
There are several more factors to consider.

This is where having a very good business plan will actually come into his usefulness for you because it is what will help to turn your business idea into practical business.

 

[Nsisong]

If you have an idea and you want to convert it to business you need capital which is money to start it up so the best way to put an idea to reality is with money

 

[Shigobad20201]

If you have an idea and you want to convert it to business you need capital which is money to start it up so the best way to put an idea to reality is with money

For an idea to be converted into a business proper , you need to frist make proper research on the idea you have to know if you can actually start the business and also look for money to fund the business.

 

[Syldan]

In other to convert you business ideas into reality, depends in the level of your seriousness and the willingness to achieve your goals buy making out budget and how you can meet up to your demands.

 

[Josephjossy]

the best way to do that is by taking action. You need to start doing something. you may have a good idea but because you have not started taking action, you maybe feel that your idea cant be successful. so you need to get started

 

[Lucy ID]

Turning your idea to a business is some times easy and not, if you turn your idea to business first by making a research more on it, the necessary things you need to make it work and how to make it's work

 

[Sotherefore]

It will even be easier when you have the required money to do so because all these things will depend on money. if you have a business idea without the required capital to start it up , obviously it is just like not having a business idea.

 

[Syldan]

The first thing you need to do is planning, planning on how you want the business to be. Budgeting on hw to source for finance and also market survey to know much about how to go with the market and your customers.

 

[Shigobad20201]

Whenever you have a business idea, you make a research about the business and write business plan concerning the idea, then you keep planning on how the idea will be turned into real business.
Whenever you have a business idea, you make a research about the business and write business plan concerning the idea, then you keep planning on how the idea will be turned into real business.

 

[Sotherefore]

The most important thing is the capital , when you have the capital it will even be easier for you to convert any business idea you have to something that can generate you some profit

 

[tyrim88]

Of course, we are all different individuals and are made in unique ways, although there is nothing wrong with following the pattern of other business that represents your ideas. You do not have to copy their business such as their products and services. But you can allow such persons mentor you and guide you to turn your ideas into business.

That is very correct,becuase in business you cannot thrive in issolation,one need to learn from those who have gone ahead of them and are well grounded in the system,reason for mentorship.From there you own ideas can be added to the ones you already have.

 

[Matan_z]

First of all you will need to start with a respectable amount of money, and then you will have to hire employees and experts who will tell you everything you need to know about making an idea to a business. You will have to take risks because that's how it is a business owner must take risks, and it happens pretty often a business fail and then the owners may lose big amounts of money. Not everyone can handle a business and that's why you should ask yorself first if you are capable of doing so. You will have to hire the right people and then your business might be successful.

 

[Chibson]

The success of everyone who is intending to venture into a business depends on getting started. There is no way you can be able to practicalize the idea you have without getting started in a particular business venture.

Even if you are not financially buoyant, it is important you start little and from there you can gain a lot of knowledge to become a successful businessman.

 

[Castelione]

Visionary is one of the traits that businessman has. You can convert an idea into a business by looking for the possible consumer of what you have in mind. Work for the factors that make your idea materialize, then you can start your business.