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The best source for learning is to actually work in
business. In
ferociously competitive world of small business, this is not always possible. Still, it's worth trying to find a mentor who can describe
pitfalls, frustrations and potential disasters as well as
successes
> Seven Ways to Come Up With A Dynamite Business Concept
- Look for Opportunities at Work. Corporations are eliminating operations, thus creating gaps in service. If you can deliver this service, you may be able to start in business with several substantial customers.
- Become a Better Observer. Carry around a notebook and jot down products and services you can't find. Note when you don't get good service or when a product doesn't deliver what it promises. Can you do better?
- Re-establish Something That Has Disappeared. There is a tremendous nostalgia boom in America because consumers are basically dissatisfied with today's level of service. Is there something you enjoyed in
past but which is no longer available in your area? See if others share your interest.
- Give New Life to
Ordinary. Imagine
perfect setting for a routine service, such as shoe repair or dry cleaning. See if you can bring it to life and still make a profit.
- Study Trends. TV news programs, magazines and newspapers all report stories that reflect changes in values and lifestyles. Current examples include difficulty in coordinating family schedules, a more conservative investment outlook and an aging population.
- Uncover a Business within a Business. Some businesses have become so overblown that their essential service has almost been ignored. Resurrect it and create a new demand for an old need.
- Look Back to your Childhood. Your old hobbies can grow into a business. You can start out with
advantage of an area you already know a lot about.

Jeff Williams worked for big business for years, until he decided to take his career in his own hands by establishing his practice as a small business trainer and coach. For those seriously considering self-employment, he is pleased to offer his free, monthly telegroup: "Are You Ready To Leave Your Job?". Register at: http://www.bizstarters.com/ready2leave.cfm Jeff may be reached at 847-593-5305 or by e-mail at: jeff@bizstarters.com