We don’t know where and when we can have a good business idea in our brain. If we don’t remember our business ideas than business potential energy of the process of creation of business ideas will be lower. As a part of the 6 tips for increasing creativity one was always to have the notebook with you where you will note every business idea that comes up in your brain. This notebook will be your business idea book.
A business idea book is simple one table where you will note each of your business idea and where you will note some additional things about that idea.
What must contain Business Ideas Book?
First, I want to mention that business ideas book can be only one piece of paper with only names of business ideas. But, I recommend one that will increase business potential energy of your next business. The form is not important but the content of that book. The content that will present in next sentences is something that will increase your creativity and will force you to additional thinking that will improve your process. One page or piece of paper must be reserved for one idea. Simply, this book must contain 6 things:
- The name of idea. This is the field that will differentiate one from another business idea. You will probably have more than one idea, and you must know for what idea is one single page of your business idea book.
- Brief description of the idea. Give some brief description of each business idea in your business idea book. In that way, you will obtain some different aspects of that idea. This may to bring possibilities of improvement of the basic idea.
- Current market practice. This is important part of your business idea book because it is starting thinking about a market. What’s going on the market where that business idea will be started. Who is current player on the market?
- Future activities. With this field, your business idea book became as a blueprint of your future steps about that business idea. Describe 3-5 future steps that you must take about that business idea. This can be some brief analysis, talking with friends, making a business plan and so on.
- Possibilities of realization. What are possibilities of realization of that business idea? Here I use 3 categories: Low, Medium and Great possibilities. In this way, you can start with classification and prioritization of the business ideas that will go in the next steps of a business startup process.
- Quality of the idea. In this field also you can use low, medium and great quality of the business idea. When you write all previous fields you will know something about quality of your business idea. This also will help you with improvements of that business idea. If quality is great then this business idea can go to the next steps of a business startup process.
How can you make a business idea book?
You can make a business ides book on different way. What you choose is up to you and depend on what is easier for you. As I mention before the form is not important but the content. Your business idea book can be in:
- Paper form – Piece of paper or notebook.
- Electronic form – Microsoft Office Word or Excel file, or other file formats.
The process is simple. You must have always with you that piece of paper or notebook or your mobile phone to update your business idea book always when you come up with a business idea. After that when you have time spend 10-minute to fill all previously mentioned fields. In that way, your job about that one business idea in a business idea book is finished.
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