30 questions answered so far, with more on the way.
How do I know if I even have a good business idea?
You don't.
Read the answer →Finding an IdeaDo I have to have a passion for what I do?
No.
Read the answer →Finding an IdeaWhat if I don't have any ideas at all?
Then you haven't been paying attention to your own friction.
Read the answer →Finding an IdeaShould I start a business in an industry I know or one I'm curious about?
Industry you know.
Read the answer →Finding an IdeaIs it too late to enter my industry?
Almost never.
Read the answer →Finding an IdeaHow do I know if my idea is different enough from competitors?
It doesn't need to be different.
Read the answer →Finding an IdeaShould I copy an existing successful business?
Yes, with modifications.
Read the answer →Finding an IdeaWhat kinds of businesses are easiest to start?
Service businesses selling to people who have already paid for similar services.
Read the answer →Finding an IdeaWhat kinds of businesses are hardest to start?
Anything requiring inventory, regulatory approval, staff on day one, or educating customers about a problem they don't…
Read the answer →Finding an IdeaShould my business idea come from my hobbies?
Sometimes.
Read the answer →Finding an IdeaCan I make money doing what I love?
Yes, but usually not by selling exactly what you love.
Read the answer →Finding an IdeaWhat if my idea has been done before?
Good.
Read the answer →Finding an IdeaShould I look for gaps in the market or trends?
Gaps in the market that align with a trend.
Read the answer →Finding an IdeaHow do I know if my idea will make money or just be a hobby?
Charge someone before you build.
Read the answer →Finding an IdeaWhat if my idea keeps changing?
Normal.
Read the answer →Finding an IdeaIs it a red flag if nobody else is doing my idea?
Usually yes.
Read the answer →Finding an IdeaHow specific should my business idea be?
More specific than feels comfortable.
Read the answer →Finding an IdeaDo I need to invent something new?
No.
Read the answer →Finding an IdeaHow do I choose between two or three business ideas?
Score each on 4 things: (a) can you get a paying customer in 90 days, (b) do you have prior context in this space, (c)…
Read the answer →Finding an IdeaShould I pick the idea I'm most excited about or the one that's most practical?
Most practical, if excitement is at least 6/10.
Read the answer →Finding an IdeaWhat if I want to serve a very small niche?
Ideal.
Read the answer →Finding an IdeaIs it a problem if my idea depends on one big customer or platform?
Yes.
Read the answer →Finding an IdeaShould I ask friends and family what they think of my idea?
No.
Read the answer →Finding an IdeaWhat if I don't have a business background?
Most business owners don't.
Read the answer →Finding an IdeaDo I need to be young to start a business?
No.
Read the answer →Finding an IdeaHow do I know if the timing is right?
It isn't, and it won't be.
Read the answer →Finding an IdeaShould I keep my idea secret?
No.
Read the answer →Finding an IdeaWhat if my idea is illegal, gray-area, or regulated?
Slow down and price the compliance cost before doing anything else.
Read the answer →Finding an IdeaCan I start a business while I have a full-time job?
Yes, and most durable businesses were started this way.
Read the answer →Finding an IdeaWhen will I know I've found the right idea?
When you're getting paid, delivering successfully, and want to keep going.
Read the answer →