Feb 11
5
Business Ideas are never equal, and most most ideas are the same old approaches that have been syndicated as new ideas throughout the internet. The business world is highly competitive and if you decide to choose a business idea that is popular then you might be entering an opportunity that is doomed for failure.
With popularity comes possible saturation, and this basically means that the market is over-supplied. A smart business person will not open a chicken franchise next to three popular chicken franchises unless he is going to approach the market with a unique offering or a product that is superior to the other franchises.
When you are looking for business ideas you need to look for innovative business ideas as this approach will diversify your offering and separate you from the competition. By all means you can search the internet and look for possible opportunities, but ultimately you will have to add your own twist to the business to make it work.
One of the most popular business ideas in South Africa involves starting a car wash. If you drive through your town whether it in Durban or Cape Town, you are more than likely going to drive passed countless car wash businesses. But imagine if you drove past a car wash that had sexy ladies washing cars in a car wash. Wouldn’t this attract your attention. For the ladies: imagine you drove past a car wash where a bunch of well-built hunky men were washing the vehicles. Wouldn’t this capture your attention.
Innovative business ideas is the only route that will give your business the edge, and instead of following the common, well travelled path, you should brainstorm ideas on how you going to make your product capture the attention of your market.
Another popular business ideas is dog grooming. This business idea seems to be popular amongst the animal loving entrepreneur. The other night I was watching the dog whisperer and I saw an interesting approach followed by a dog groomer in the states. She had a customized vehicle that was similar to a mini-bus, but within the backend of the vehicle, an entire dog grooming parlour was set up. It had everything from a dog shower, to hair driers or fur driers in this case. Basically everything that you see in a dog parlour was setup inside this mini-bus. And this savvy business woman went to peoples homes and parked her vehicle outside a clients home, and collected the dog and performed the necesaary grooming inside her “grooming mini-bus”.
Examples like this are exactly what an innovative business idea is. And ideally you will want to ensure your idea is different from the norm to ensure your success.