6min chapter

The Side Hustle Show cover image

650: 7 Proven Ways to Generate New Business Ideas, with Real-Life Examples

The Side Hustle Show

CHAPTER

Innovative Business Idea Generation

This chapter explores techniques for generating business ideas by adapting successful concepts from various markets and introduces the 'rip, pivot, and jam' framework. It emphasizes the benefits of niche specialization through the 'sniper method', using the evolution of a tutoring business as a case study to illustrate how focusing on a specific area can enhance competitiveness and growth.

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