How to get Entrepreneurial Idea
Are you thinking of starting up a small business? What are some of the requirements that you need to fulfill before you can start your own business? One must know the problem statement or gap in society? In this blog, I am going to share my insights and experiences with you. How I found a gap or problem in the market?
It all started when I was doing a vertical take-off and landing drone project in a company. My responsibilities include designing parts on the software and then cut it out on a CNC machine. That was a beautiful piece of machine that design and cut parts with precision.
One day, it came to my mind what if I design a cartoon and then cut it out. It was a beautiful piece of art. I started thinking about the attractive crafted products through that machine. Then I began to explore the market. Soon I realized that there were very few sellers in the market who sold customized art products. It is how I found the gap in the market.
There were a lot of products that can be made. By scrutinizing my idea, discussing it with people and researching the market needs, I have decided to go for home decor wall art products. Because nowadays people want to decorate their houses with captivated products. Then I perceive the idea to target the audience who wants to give their relatives wall art design products, want to decorate their walls or startup who want to design their logo and monograms.
Here is a short story, how I got my business idea. I hope you get your business idea by doing something exciting or making a project or doing your corporate job or analyzing the surrounding and solve a problem for a niche audience.
