Geography & History Notes | KCSE, NECTA, ZIMSEC & GCSE

 1. Determination of what one does best. Thinking about one’s interests will help him or her focus on his or her brain storming and give him or her the staying power to persevere through the tedious parts of starting a business. For instance, if one’s interest is dogs, then he or she can start a business that has to do with dogs. 2. One can take note of the obvious problem that he or she encounters in everyday life. He or she can keep a pad of paper and pen in the pocket, along the bed side table and start a pile of index cards with ideas written on them. Periodically one can throw away the ones that do not cut it and hang on those that might be before their time. 3. Reading newspapers. These contain ideas that one can adopt. Just every object that surrounds man has ever made someone a fortune. Therefore one can dream up ways to improve or rework those same products to create another big idea. 4. One can listen to and observe what is going on around him or her. Once one has acquire...

  Common sources of business ideas include the following; 1. Mass media This includes newspapers, magazines, television and the internet. These form a great source of information, ideas and often business opportunities, for instance one may read that there is more interest in physical fitness. In this, one may need to look for new enterprise ideas that are related to physical fitness such as sporting goods, health foods. 2. Hobbies/interests These are activities pursued for pleasure and relaxation. They are often a source of ideas for new enterprises, for instance one enjoys photography he or she may be able to expand his or her hobby into a profitable full-time enterprise. A business related to one’s hobby will enable him or her to spend more time doing what he or she enjoys. 3. Vocational training/personal skills and experience A business idea can be developed from one’s area of training. For instance, a teacher who starts a private school, a carpenter who starts a carpentry work...