presented by roger pierce newcomerstartup.com 1. invention combination variation, twist done...
TRANSCRIPT
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Billion $ Business Ideas
Presented by Roger PierceNewcomerStartup.com
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Invention Combination Variation, Twist Done elsewhere, new here
Types of ideas
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Market Research Customers Copying & changing Inspiration, epiphany Hobby Personal experience
Sources of ideas
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Easy to start by yourself Inexpensive Understood by people Quickly generate cash Scalable Automated
Best ideas are...
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10 Million in Canada◦(ages 45 to 64)
Adventure travel experiences Luxury items Home renovation Anti-aging Personal assistance Private healthcare!
Billion Dollar Idea #1Baby Boomers
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Connect people (Lavalife, Facebook) Sell products (Amazon, iStock photo) Information (Google) Broker (Craigslist, PayPal) Sell content (Netflix,
Billion Dollar Idea #2The Internet
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Money advice (Bloomberg) Micro loans (Money Mart) Sell, rent, manage – boats, homes, vehicles
Transaction fees (PayPal)
Billion Dollar Idea #3Financial services
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Offer clear benefit Serve a niche market Can be managed by others Healthy margin Ride a growing trend
Successful ideas
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Mobile advertising Training & education Entrepreneurship Cloud computing Mass customization (Moo cards, iTunes, Dell)
Trends to watch
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Trendingwatching.com Entrepreneur.com Canadabusiness.ca
Websites
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“Ideas are abundant. Execution is scarce.”
Build it Sell it Ship it
An idea is worthless
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How? Business Plan Share idea with others Set goals Focus Persistence
Make your idea happen
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Billion $ Business ideasTHANK YOU!
Free advice at NewcomerStartup.com