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Billion $ Business Ideas. Presented by Roger Pierce NewcomerStartup.com. Types of ideas. Invention Combination Variation, Twist Done elsewhere, new here. Sources of ideas. Market Research Customers Copying & changing Inspiration, epiphany Hobby Personal experience.

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billion business ideas

Billion $ Business Ideas

Presented by Roger Pierce

NewcomerStartup.com

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

Billion $ Business ideasTHANK YOU!

Free advice at NewcomerStartup.com