What Is The Best Way To Think About Startup Ideas? |Startup Guide

The best way to find a good idea is to try to solve a particular problem or pain that you have.. If you have a problem and others share this problem, you might be involved in something. If no one else shares your problem or if it is not big enough, you might find that there is no market for your solution. You have to ask many different people, not just your friends and family. It is better to have a small group of users who really want your solution than a large group of users with little interest.

We have listed some ways to help you to develop ideas for a startup.

Identification of problems

When the founders of Whatsapp started their business, they wanted to solve the problem of high costs for global discussion. They are not worried about income, nor do they focus on funding. They just want to solve problems with working solutions. Then, we all know what happened to WhatsApp. It was acquired by Facebook for $ 19 billion – the largest technology acquisition ever – in just five years. Try to develop ideas that affect you. Then fix it to increase your chances of success with Investor Parks.

Think of the future

Have you seen most of the science fiction films come true one day? The reason is simple: films are full of ideas that can change the world. For example The Terminator. This film is the first of its kind to bring the phenomenon of intelligent robots to the screen. It was released in 1984. At that time, even new home computers were new. Currently, Boston Labs is working on smart robots, and Google and Facebook are working on a common system for computer vision and machine learning to make intelligent robots a reality.

When planning a startup idea, think about what the world will look like in the next five years and develop the ideas behind it. It is best to ask what is missing in the present and then use the idea. Incidentally, watch science fiction films to get rid of your creative juices.

Monitor market gaps

They must look for loopholes where competitors in the market become lazy and lose contact. “Rupert Murdoch

One of the best ways to think of creative startup ideas is to observe market failures. Every product on the market today has a gap that can be easily closed with new ideas.

Do you remember summer? Application combines news from various sources in one stream. It was released in 2011, at a time when most news sources did not even have their own websites. With this intermittent technology and perfect start time, the company has acquired Yahoo for $ 30 million and managed the app store for some time. There are gaps everywhere and you just have to see it to find it.

Analyze your skills

Today, with technology embedded in our lives, we believe that all startup ideas must be technology-based and that startup cannot be started without programming and technical expertise. That is wrong.

Ideas can be built on top of everything. The best way to find ideas is to know your own abilities and problems that you can solve. The result must be to solve the problem that is hampering progress.

If you are a digital marketer, find people who need marketers. It doesn’t matter if your startup is annoying, at least it helps people solve their problems, and that’s very important.

Talk to customers

Products are manufactured to solve customer problems. Just ask their weaknesses before thinking of a product idea. First, analyze the market you want to touch. For example, applicants are looking for talented people, but finding people who truly meet job requirements is too difficult.

To begin with, you can talk to recruiters about what kind of candidates they want and how the process can be simplified. Now check the market to see if this problem is only caused by a small number of dialers or the general HR audience. If the survey shows that a wider HR audience faces a problem, you have the right product.

Know what the trends are

The best way to quickly realize your business idea is to follow trends. If you are interested in merch design, it is very useful to find modern ideas. A startup got this idea in just two months, more than 50,000 US dollars. They sell emoji masks to consumers and make them in Chinese factories – the whole story is quite interesting and good for anyone who goes into this business. A major breakthrough occurred when they released the Hunting Products website and received more than 5,000 orders.

Knowing trends or trends in the coming months and then brainstorming unique startup ideas is a great way to generate huge profits.

Think of the low-cost version

One way to get to the market and reverse it is to issue a cheap version of a product. Think of Uber and Lyft, two popular high-altitude applications. For trips to Uber, which cost $ 20, traditional taxis cost more than $ 50. This makes this application popular among users because of the very low rates. It is also interesting that the Lyft and Uber racers still make decent profits at such low prices. Therefore, if you can develop a creative startup idea that is low and able to invade the industry, you have the idea of ​​success in your hands.

The first step to start a startup is the idea phase. I have outlined seven ways you can develop consumer ideas. If you follow these tips, hopefully you will find great startup ideas that will be useful for you and the world.

Let us know by commenting below.

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Best Management Courses After 12th

There are lots of professional courses available for the students after 12th standard. Many of the courses are already discussed in the previous articles. There is a variety of the courses after 12th for various streams such as for commerce, science and arts. Here we came up with various management courses that a student can pursue after 12th standard. Many of these courses are related to various fields such as technology, biology, commerce or either by arts. However, there is a less availability for the students of the science stream. Moreover, there is point that should be considered that there are many of the courses related to the management that can be pursued by any stream students. In this article we will list all of the management courses that can be pursued by all the 12th passed students having any of the streams such as science/arts/commerce. Sometimes streams bind you to choose a specific course after 12th but in running era there are many courses that are available for any of the streams pursued by the student. Here some of them are also mentioned in the article. The various courses are enlisted below-

BBA

Bachelor of business administration is the full name of the course. There are many government and private institutes that offers BBA with a full-time duration of 3 years. One can check availability of the course in any of the preferred institute of his/her wish from the college website or on the internet. 

It is an undergraduate course that is available for any of the stream offered in the 12th standard namely science/arts/commerce, students from any of these streams can pursue this course. MBA, a post-graduation course is available for students pursuing BBA as for a postgraduate degree. Duration of MBA from any of the institute is fixed as 2 years. BBA is also provided with a particular discipline in many of the institutes as example- BBA in event management etc. If one is interested in job-oriented courses then they should follow or go for such specialised courses offered in BBA. These specialised courses are highly job oriented and boost up one’s career highly. Some of the well-known BBA with Honors programs are listed below-

  • Banking and insurance.
  • International business.
  • Aviation management.
  • Healthcare management.
  • Event management.
  • Tourism and travel management.

Majorly it contains the private sector that’s why it provides an ample job opportunity for the BBA graduates. They are usually tasked with the MNCs and offices along with a wide variety of workplaces including government sectors also. They are usually tasked with the managerial posts with these working firms. They are paid according to the post and work assigned but all over they have a good salary.

BMS

Bachelor of management studies is abbreviated as BMS. This course is offered with a duration of 3 years and many of you always get confused between BMS and BBA. It is obvious to get confused as both of them are management related courses and are similar to very extent. 

One can get the differences between these two by getting a closer look. This course is also open for all the streams. BBA is concentrated basically with core subjects related to business studies while BMS is totally focused on the traditional management studies such as analytics. 

Also, after BMS students may go for MBA. Corporate houses are mass recruiters of students from BMS. Along with many of the medium sized companies that hires BMS freshers.

BBA + MBA INTEGRATED COURSE

This is a course formed by clubbing both BBA along with MBA having a duration of 5 years rather than 3 or 2 years. Institutes with a good reputation are only offering this integrated course in India. This course come up with an advantage for the students under this course students don’t have to apply for MBA after pursuing the BBA degree. This course provides a clubbed degree of both MBA and BBA to the students.

This also breaks the traditional way of pursuing PG after graduation as integrated courses like this come up with an advantage that the student doesn’t need to prepare for admissions in MBA after graduation.

DEGREE IN HOTEL AND HOSPITALITY MANAGEMENT

This course builds up the student’s knowledge and techniques to understand and learn the tourism and hotel industries. Duration of bachelor of hotel management is fixed as 4 years. In this duration the students are taught the basic as well as the necessary components of these sectors.

As tourism department is hiking in India day by day and the government is also contributing in this sector a lot of job opportunities are available in this field. Government is investing in various tourism sectors such as railway tourism etc. This creates a proper sense that hotel management and hospitality business will never get low as well as it will always keep hiking in coming years.

After government had shown their interest in this sector private sectors are also getting involved in this sector and that creates a lot of job opportunities in this sector for the freshers having this degree. Overall this sector is in demand that avoids the difficulties in searching for a proper job after degree.

B SC IN HOTEL MANAGEMENT

This is not properly a traditional course but can be said as a branch of MBA. This course has a course duration of 3 years and after completing this course one can go for MSc or MBA.

In the list of prime recruiters there comes up hotel and resorts on the top. After this course one can work under the firms or can start their own business for experience. Once you gain experience in this field you can get success easily.

DIPLOMA MANAGEMENT COURSES AFTER 12TH

This is properly a job-oriented course and is different from the other courses only on this aspect. Duration of these diploma courses are around 1-2 years and students from every stream can apply for this. Here we present you a list of some such diploma courses and will advise you to choose wisely according to your interest. Diploma courses in this sector are-

  • Diploma in retail management.
  • Diploma in organisation management.
  • Diploma in hotel management.
  • Diploma in hospitality and tourism management.
  • Diploma in fashion marketing and merchandising.
  • Diploma in marketing and advertising.
  • Diploma in event management.
  • Diploma in travel and tourism management.

BA MANAGEMENT COURSES

BA is not still just like before. Many of us thinks that BA is a course that deals with topics like philosophy, history, English etc. But the time has changed as many of the other courses are also introduced under the coverage of BA. Course duration of this course Is fixed as 3 years and is the same for every discipline under this course. Still these new courses are not offered in every college. Many of them are still untouched by several institutes. Below enlisted are some of the BA management-oriented programs that had gained popularity in India-

  • BA in hotel management.
  • BA in retail management.
  • BA in fashion merchandising and marketing.
  • BA in travel and tourism management.

BBS (BACHELOR OF BUSINESS STUDIES)

It is a 3 year long run under graduate program done after 12th standard. Students having any stream with English subject are eligible for this course. It is an alternative to the courses like BMS and BBA and has proved to be a good alternative for the students. This course focuses on the traditional management subjects such as HR, Marketing etc.

BBE (BACHELOR OF BUSINESS ECONOMICS)

With a course duration of 3 years this is an undergraduate program that can be applied to any of the 12th passed students having any of these streams (science/arts/commerce) and with mathematics and English subjects. As economics is the vital part of the course syllabus this course is mostly suited for the commerce and arts students. Due to having a traditional business studies economics in the course gathers the major attention here. An advanced version of BBE is MBE (master of business economics), a PG program that is basically pursued after completing graduation with BBE courses.

BIBF (BACHELOR OF INTERNATIONAL BUSINESS AND FINANCE)

It is an undergraduate degree program having a duration of 3 years. This is pursued after passing 12th standard from any of the three streams (science/arts/commerce) along with English subject. The main focus of the course is on the international business and their techniques along with the latest trends and practices followed by them and finance management. This is also having a good job opportunity as analyst etc.

CAREER PROSPECTS AND JOB PROFILES

Administrative roles are vitally controlled by the management professionals. The job provided to an individual is basically dependent on the specialisation that they have. Some such specialisations are HR, Marketing, Finance etc.

Business organisations, industries, health care sector etc are the major sectors where one can find a good job opportunities after completing any of the above-mentioned courses. 

Entrance exams are always conducted for such management courses. Such as XAT and many of the MBA entrance exams in India such as MAT, CAT etc.

Binding up this was a full description of the top management courses that are available and provided after 12th standard. One can pursue it on a regular basis or can opt for a distance course. Please like share and comment if you find the article helpful and informative.

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