Noah Kagan Presents 007: How to Come up With a Business Idea
Jan 31, 2017
Explore the creative process behind generating business ideas by recognizing personal wants! Learn how everyday challenges can ignite entrepreneurial inspiration. Hear the story of Sumo Gum and the journey of turning bold flavors into a product. The speaker also tackles common myths about starting a business, encouraging listeners to embrace even their wackiest ideas and think outside the box. It's a fun take on using life’s little quirks to create something impactful!
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Start With Your Own Problems
- Business ideas start by recognizing problems you personally want solved.
- Serving yourself as the first customer guarantees a need and market connection.
Noah's Creation of AppSumo and SumoMe
- Noah wanted free software and better marketing tools, so he built AppSumo and SumoMe.
- Solving his own needs led to successful companies reaching millions of users.
Avoid Trendy Business Chasing
- Avoid chasing business ideas just because they're trendy like SaaS or digital products.
- Let your business idea flow from solving a real problem you have.