Five More Questions That Will Generate Ideas For Your Business

submitted: Aug 25th 2008 | by: StuMcLaren | Total views: 1 | Word Count: 957 | PDF View | Print Article

This is a continuation of my article entitled "Five Simple Questions That Will Help Spark All Kinds Of New Ideas For Your Business". Within this article we have five more questions that will get your wheels turning and into idea producing mode.

The first five questions were: 1) What can I do in the next seven days to fill in the blank 2) What marketing ideas are successfully being used in your industry? 3) What are five new ways that I can acquire customers? 4) Who could really help my idea take off and how can I make it super easy for them to do so? 5) How could I wow blank for under $10?

We will begin right away with Question Six: How could I automate XYZ?

Armand Morin comes up with so many different product ideas that I asked him once, "How do you come up with so many different ideas?"

He laughed and said; "It's easy. I'm lazy, so if something in my business is taking up too much time then I ask myself how could I automate it? Ninety percent of my ideas for products come from recognizing what is draining my time. I really just want to automate everything."

Wanting to automate everything is where he gets his product ideas from! It is a powerful question, so make sure you ask yourself it.

Moving onto question number seven: How could XYZ be simplified?

Have you ever bought your own product and gone through the process your costumers would be doing? Is it a complicated process? So many times I've had to go through a horrible process just to buy a product I was interested in.

In fact, recently I was in the process of buying a new server, a new dedicated server. The company that I was trying to buy it from were making me jump through all kinds of hoops. It got to the point where I got so frustrated with trying to purchase from these people, that I gave up and went somewhere else.

The first company needed to ask themselves; How could they simplify their purchasing process?

It's the same question you could ask yourself, and it can be a very powerful piece of stimuli to spark all kinds of new processes for you.

Question eight: Thinking about my target market, what product should I create to solve one of the problems they are experiencing?

Alex Mandossian created a phenomenal piece of software, a phenomenal tool called the Ask Database. For those of you who have it, use it. Constantly ask people what products they're having. Find out what problems they're having and solve them.

A creative thinker is always on the hunt for problems because your future depends on solving problems. If you can solve problems for somebody else, you're always going to be in demand.

Another place I want you to go - write this website down because it is extremely powerful when it comes to finding problems - www.Answer.Google.com.

When you go there, I want you to click on the category that is most applicable to you and your business, and find out what questions people are asking. Those questions are problems.

If there is a commonality in the questions, that will be a clear sign that many people are experiencing the same problem. Those problems need a product in order to solve them.

Ask yourself this question repeatedly: Could a new product solve one of the problems experienced by my target market?

Question nine: Watching Alex Mandossian present at a recent seminar I heard him bring this up, and it is a very powerful question. How could my current products or services by residualized?

In today's day and age, look to get paid not once, but more than once. Time and time again. Every single month or whatever. But if you look to constantly residualize your products or services, you're going to have a constant stream of cash flow. Rather than fighting to try to get new customers, you really benefit and leverage your existing customers.

Make sure you ask yourself: How can my current products or services be residualized?

Next question, and the final question I'm going to leave with you is: How could I increase the value of what I'm currently offering?

Thinking in the customers favor and frame of mind is really going to get a whole bunch of ideas popping into your head.

When you do that, you're going to start to generate all kinds of great ideas that work and benefit the customer. And the more you benefit the customer, the more they're going to come back to you, the more they're going to spread the word, and the more revenue you're going to be able to generate from your existing customer base.

Using this question I was able to get 100% satisfaction from the first seminar I ever held. I asked myself, how I could increase the value, before any of the attendees arrived. By doing so, I was able to deliver bonus after bonus to them throughout the seminar. At the end of the three days people kept coming up asking when the next Idea Incubator would be because they were thrilled at the amount of information they received!

Even at the Big Seminar they were telling eveyone about the amount of value they received at the Idea Incubator and what a great time it was.

The only reason that happened was because I put forth the effort and mentally asked that question. How can I increase the value of what I'm currently offering?

By asking yourself that question, new opportunities emerge with for your business, services and products.

That's it!

Processing the ten questions I hope you got a lot out of it, just like I did!

When your in the most need, may ideas come to you.

About the Author

Author Stu McLaren has found out how everyday people all over the world are turning Unusual Business Ideas into magnificent moneymakers... and How You Can Too! These ideas will stimulate ideas and inspire you to get your own money-making Business Idea Off The Ground... Today! 227 Unusual Business Ideas


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