How to Turn Your Business Idea into a Business Model
Turning An Idea Into A Business Opportunity
Any entrepreneur or creative knows, ideas come to you when you least expect. Sometimes it is in those moments when you just want your mind to stop turning and get a few hours of sleep. Suddenly, you switch on the nightlight or wake your phone — your bedside companion — because you cannot go to sleep without jotting down this idea or you will lose it. In other times of going through the motions, longing for a more convenient process triggers the light bulb to come on. Companies that have stood the test of time and new kids on the block have the similar story of sitting around the garage when it hits them. Either from pure desperation or an unwavering belief that their idea would make a difference in the world, their business dreams became real. You know it takes putting in work to get an idea past the point of just dancing around in your head or resting on a vision board.
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With a plethora of new businesses setting up in Dubai, where more than 8, new companies were registered at the Dubai Chamber of Commerce in the first half of , it may appear that everyone can launch a company - which is in fact, quite true. Hearing amazing success stories of startups and the glamorization of entrepreneurship today through movies and media, it can be very tempting to quit your job and be your own boss. Perhaps the most important ingredient in starting your own business is being passionate about your idea, and translating that message into why you do what you do to a greater audience. Bearing in mind that money is just the end result, what is the key purpose behind the project you are bringing to the market?
Small business entrepreneurs have many opportunities that they can explore successfully; all they need is a great small business idea. All good business ideas do not require spending of greater funds, but surely need thorough research before you take a plunge. However, make sure that you give your time and have some clever marketing plans in place to get a good start.