- How to get inspired and channel that inspiration to start a new business
- How to find inspiration for a new business
- 3 Ways to Get Inspired to Start and Launch Your Own Business
Meta Description: Searching for business ideas but don’t know where to look? Some of today’s most successful entrepreneurs were once in the same boat as you. Here are some ideas to find inspiration for your next business.
Do you want to start a new business f but don’t know where to start? Not every successful entrepreneur begins their journey with a definite idea. Many business owners seek inspiration from varied sources. If you don’t know what business to start, here are some ideas to get inspiration for a new business.
- Start a business that you love
Most of us resist working on what we are good at because we want to prove ourselves by doing something more challenging. That’s because, as humans, we tend to over-complicate things. But business can be simple. But some of the most successful entrepreneurs started a company that revolved around something they loved. So, look within yourself for inspiration.
When you love your business and feel passionate about what you do, you will naturally perform better. Better performance leads to higher engagement, and this leads to increased productivity.
- Start a business that makes a difference
The focus of every business is to make profits, and as a business owner, you would want to ensure profits. The good news is that when your business revolves around making a difference, you profit. Making a difference is not a goal for just non-profit or social enterprises anymore. According to statistics, companies that make a conscious effort to make a positive difference make 12 to 14 times more income than businesses that merely focus on financial profits.
The best way to start a business that makes a difference is to understand where you can make a difference. Look for ideas where you can offer structure, support, perspective, and guidance.
- Start a business that inspires you
Inspiration gets you to do something that you otherwise wouldn’t consider doing. Inspiration has the power to motivate you and spur you to be more creative, set goals, and then achieve those goals.
You can look for inspiration within yourself, get help from others, or draw inspiration from various success stories. You can also seek inspiring business ideas by networking – attending community events, or joining online groups to uncover a need or find blind spots in new industries.
Reading specific blogs, magazines, articles, and books will expose you to stories of other entrepreneurs who succeeded by facing their biggest fears and overcoming obstacles that they never believed they could. Here is a list to help you get started:
Books: Reinvent Yourself by James Altucher, Outliers: The Story of Success by Malcolm Gladwell, and Lost and Founder: A Painfully Honest Field Guide to the Startup World by Rand Fishkin.
How to channel your idea into action
Finding inspiration to start a business is just one side of the coin. All the inspiration you get is worthless unless you turn that inspiration into action. So, the next step is to put your inspirations into action. Here’s how you can do that:
Put it down on paper
The first and probably the most effective action you can take toward launching a new business is to write it all down. Or, if you prefer starting an Excel sheet on your computer – that is fine too. Putting down your thoughts in a readable format is great to organize your thoughts, declutter your brain, and tackle the most daunting tasks.
But what should you write?
- Start by writing down your passion and creating a mission statement.
- Next, draft out a rough sketch for a business plan.
- Write down your thoughts and inspirations – you can do this every day.
Maintain a file of inspiration
When starting a business, you will need to draw inspiration from the very beginning to the very end – especially when you go through incredibly confusing and grueling periods. Without continuous stimulation, you face the risk of giving up and throwing up your hands in frustration.
Maintain a file of case studies, inspirational stories, personal experiences, and client feedback that you can look back on to draw inspiration when you most need it.
Spend some time with someone who has already started a business
Talking to someone who has put their inspirations into action and successfully started a business can spurn you to put your own inspiration into action.
Spend a day with a business owner you admire – like a successful or budding entrepreneur in your industry or the industry you hope to enter. Ask them questions like how they started, where they draw their inspiration, what their day-to-day activities involve, challenges faced and how they overcome those, and what pitfalls to expect.
Find a mentor
A mentor can help you immensely by providing you with advice and encourage you when you feel frustrated. Find a mentor who will be honest with you and ensure you are on the path to success.
Is this the right time to start a business? The truth is, there is never a wrong time to launch a business if your idea is a good one. The danger is in sitting and waiting for inspiration to land on your lap. The truth is, you must make an effort to find your inspiration. Once you are inspired to start your business, jump into your opportunity, start working on your ideas and inspiration and make your business happen. Finally, no matter what business you start, consider investing in business insurance to protect that business. Find out more here.
CarolRoth. 2021. 140+ Inspirations for Starting a Business. [ONLINE] Available at: https://www.carolroth.com/blog/140-inspirations-for-starting-a-business/. [Accessed 25 January 2021].
RealLeaders. 2017. Why Love is Important in Business. [ONLINE] Available at: https://real-leaders.com/why-love-is-important-in-business/. [Accessed 25 January 2021].
Medium. 2017. How to have a successful business: make a difference. [ONLINE] Available at: https://medium.com/@ursulajorch/how-to-have-a-successful-business-make-a-difference-b9aecbf7993a#:~:text=When%20you%20make%20making%20a,just%20focus%20on%20financial%20profit.&text=You%20could%20even%20say%20that,is%20to%20make%20a%20difference!. [Accessed 25 January 2021].
Wave. 2018. How to get inspired when you want to start a business. [ONLINE] Available at: https://www.waveapps.com/blog/entrepreneurship/how-to-get-inspired-when-you-want-to-start-a-business. [Accessed 25 January 2021].