Coming up with Online Business Ideas in 2014

9 replies
I'm curious to hear your advice on coming up with online business ideas in 2014.

There are some guys like Eben Pagen, Mark Ling (from Affilorama) and others who give great advice on the subject, but I'd like to know from your point of view; what resource or what advice would you give about coming up with that next killer idea.

The reason why I ask is to explore the creative process one takes to discover ideas.
So please refrain from replying with "just follow your passion!".
#2014 #business #coming #ideas #online
  • Profile picture of the author zuberr
    Just do what is already proven to work. There is no need to re-invent the wheel.
    There are thousands of case studies describing long term strategies that have
    been working for years, and it's highly probable that most of them will still work.

    At least, that's how I plan to work in 2014. I don't want to invent any new online
    business tactic/software or anything. I just want to have successful websites
    using proven tactics and focus on growing them.
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    • Profile picture of the author The Niche Man
      80% is research. Oddly, that's the part most people hate, ignore or try to cut corners on. Here's a small summary of my process ...

      1. First I start by educating myself
      (which I call "Priming the Pump")
      It's like lifting weights or jogging for the creative imagination.
      I routinely look at successful products and services and try to find the niche (U.S.P) that makes them successful, unique, or different from the rest.

      This is a simple but powerful exercise that gives you more insight than most people who simply glance at the end result of products (and try to copy it) but ignore the process. Huge Mistake!

      2. I Look at what my competitors don't do:
      Steve Jobs once said, You don't have to be 100% better to beat your competition, just being 1% better in the most crucial areas can do it. So, that's what I do. I look for those crucial areas where I can do or be a little better than the competition.

      For example I'm constantly asking myself ...

      • What are my competitors too cheap,big, lazy, busy, or self-absorbed to do?
      • Can I do something faster?
      • Can I give/ offer something the competitors don't?
      • Add a convenience?
      • Reduce risk in some way?
      • Make it easier to buy, use or maintain?
      • Or eliminate a negative or inconvenience?
      The list is limited only by your imagination.

      3. I Ask:
      It's ironic, with all the high tech marketing, keyword. and research software, fewer businesses use the most dependable market research tool ever invented. "Asking the Target Audience!" I can understand, it's slow, requires more work than pushing a few buttons.

      But still I'm "old school" when it comes to market research. I still ask my target prospects and customers ...

      • What they like?
      • What they hate?
      • What they can do without?
      • What they want more of?
      • What they want less of?
      And more!

      I Ask

      I discovered a mysterious secret. If I don’t ask, most prospects or customers won’t tell me. They’ll simply go elsewhere to get more, faster, less, or newer, etc. And I'll never know why they didn't buy or why they left ... until it’s too late.

      That's a sample. Hope it helps ya.
      Download "Free 80 Page E-Book"
      "201 Ways To Live Better On Less Money".
      "Because The Easiest Way To Make Money is ... ... By Saving Some First!"
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  • Profile picture of the author talfighel
    There are 1000's of people all over the world who are succeeding online.

    Find a product you like, become an affiliate, and then sell this info to others.
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  • Profile picture of the author Rick Rodd
    Here's a good read where you can get an idea of what 2014 is all about. From there you can plan your mid-year and 2015 for unique ideas from this research.

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  • Profile picture of the author RichBeck

    I believe in "starting in reverse." Find successful businesses.... and create yours to be better than your competition. No "killer idea" required.

    First, I'd recommend starting off with Armand Morin's book Success Leaves Traces. It is a solid book that provides a "business algorithm."

    Second, I'd highly recommend The Niche Man's book. It is a great compliment to Arman's book.

    Both books focus on looking at existing successful businesses and how create your own business to be better and stand out from the competition. They are not "fluffy Marketing books."

    While they are not books specifically on "idea generation," you'll definitely have some ideas for creating a successful business after reading them. In the end, we're all looking for successful business ideas... NOT just "ideas." Right?

    All The Best,

    Rich Beck BCIP, MCSD, MCIS
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  • Profile picture of the author Brent Stangel
    what advice would you give about coming up with that next killer idea.
    Watch the news.

    I see so many potentially profitable business ideas on news shows I couldn't possibly implement them all.
    Get Off The Warrior Forum Now & Don't Come Back If You Want To Succeed!
    All The Real Marketers Are Gone. There's Nothing Left But Weak, Sniveling Wanna-Bees!
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  • Profile picture of the author LiveFromCloud
    Every Million dollar idea solve some sort of a problem, so instead of looking for ideas, look for problems
    Learn how to make money from blogging - Live From Cloud
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  • Profile picture of the author JessUBotNinja
    A great point for me is finding the things I definitely do not want to be involved in. There are plenty of areas of IM... you do not need to be in all of them... Start crossing things off the list that you absolutely want nothing to do with. Once you can dwindle the list down to a handful or less, then find a product, service, etc that can work in those parameters that you have interest in to keep your wheels turning.

    Automation at its finest -

    Put your mundane and busy work tasks on auto pilot.

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  • Find a business that fits into your life and budget, and to make sure that the idea you follow through with is a PROVEN IDEA that has already made somebody else money.

    For example, the common idea was to build a site, sell a product on it as an affiliate, and then market as much as you can through SEO and ranking the site. But in the beginning, I wasn't able to do this, so I went straight to other places like Fiverr,iWriter, freelance sites, and other simple ways to generate a quick income that I could reinvest into other ventures.
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