Your business idea needs to solve a problem

[Adeyoola7]

You are right in your view roblem-solving in business is defined as implementing processes that reduce or remove obstacles that are preventing you or others from accomplishing operational and strategic business goals. ... Identify and define the problem. Prioritize the problem based on size, potential impact, and urgency.

 

[Klismannm12]

Inorder to amess wealth I think ones business ideal idea should be able to a problem or problems as it is by doing this thatso many brae became rich and that factor is not changing anyday for now, although there are still some people who create problem and then solve it inorder to enrich themselves the more

 

[Nathaniel]

Will your service or product solve a problem many people are facing? That idea you had to make a cup holder on washing machines so that people have a place to put their drink while doing laundry -- is that even a thing? If your great idea is a solution for an imagined problem, you’ve just made a huge mistake in entrepreneurship. Because if nobody has the problem that you have the solution for, nobody’s going to come looking for it.

 

[Sutrahen]

Businesses are established to solve a need or exiting problem in the economy. A business will only be successful if it solves the need of the persons where it is been marketed. Entrepreneurs should strive to first chart out the various problems that their goods will solve before setting out to produce such products.

 

[sam386150]

Yes business idea can solve a problems when you are about to start a business you should be ready and have in mind that you will solve a lot of problems, through your business idea you can have a financial stable and I was lost in the business.

 

[Kelly5]

This is a very good and correct idea. A business establishment that is established based on solving specific or multiple demand problems will always make waves than one without direction of what to solver or actually take care of

 

[Mahnoor]

you need to have an idea that you believe will result in a large amount of customers. It should be well researched and innovative. You must keep in mind that an impressive startup idea will get the attention of investors who can fund your creation and support you through launch and growth stages.

 

[Umerfarooq]

While working in the San Francisco Bay Area, I often meet business people who want to start their own company. You'd be surprised how many of them don't really have a business model.

Before you start your business, you need to make sure that you believe that this will result in a large number of customers. It should be well researched. You should keep in mind that an impressive startup ID will attract the attention of investors who can fund your creation and assist you in the launch and growth stages

 

[Psalmseen]

Yes of course! A business idea must be able to solve problems. Money is a resources and it is scarce. With the scarce resources, people are not ready to spend on goods that will not solve problems or give them satisfaction they want. Before you can give birth to any business idea, you must have idea that is capable of solving problems
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Yes of course! A business idea must be able to solve problems. Money is a resources and it is scarce. With the scarce resources, people are not ready to spend on goods that will not solve problems or give them satisfaction they want. Before you can give birth to any business idea, you must have idea that is capable of solving problems

 

[Goodday]

Yes, l agree with the thread totally. We shouldn't always start business in the name of also having our own business when it doesn't have any solution to a problem in it's environment or doesn't have any other special characteristics different from those existing businesses. Always remember a business is always to serve the people at a particular profit and make things according to this saying.

 

[Kinglegend01]

This is very true because if your business idea is actually able to solve the problem that has been a nuisance to some people's life, you are not only going to be more likely to make profits faster and quickly but you will also be satisfied when doing so.

 

[zahidhussain]

Many people are on the verge of starting many business just for the sake of having a business ,and most times many start up business fail because of not having a society need the business intend to solve.

Business should be able to solve a need in the society ,or improve towards what is lacking in existing Businesses. This is the key to success in business , especially new ones.

yes many people have think that they have many problems about buisness and want to solve it.Dealing customers facilitate the customers are also a big problem.A good mind can creste good ideas and dealing lots of problems about buisness
[automerge]1613116609[/automerge]

Many people are on the verge of starting many business just for the sake of having a business ,and most times many start up business fail because of not having a society need the business intend to solve.

Business should be able to solve a need in the society ,or improve towards what is lacking in existing Businesses. This is the key to success in business , especially new ones.

yes many people have think that they have many problems about buisness and want to solve it.Dealing customers facilitate the customers are also a big problem.A good mind can creste good ideas and dealing lots of problems about buisness

 

[Jimmie150]

Problem solving should be one of the core values of a business place, but in today's world most businesses are not after problem solving rather they are all after financial gains and other interests that are for not good.

 

[Asad Ali]

You're not quite understanding why everyone, if you're trying to make the most of what you're starting up immediately, needs to fix a dilemma if you're not frustrated and wait a while for your company to succeed. Look around and find what your society does not have and build a company around it and you will be glad