Introduction

There are many misconceptions about business ideas like for example, great ideas guarantee a successful business. To start a business, massive planning is required, or we have to launch something new product that never existed. If we observe around us, every big company, whether it is Apple, Amazon, or Microsoft all these are well settled due to basic, simple, and proper planning and strategies.

In this article, we will try to explore how a simple thought turns into a successful business idea through creative planning and consistency.

The Following are the major ways:

1. Basic Question:

The business planning begins with the basic question, like:

Who?

 Who is the target customer for this business idea?

What?

What problem is this business solving that this customer would come to pay for?

Where?

Where are we going to find 10 of these target customers to talk about our business idea?

These questions help to make clarity about the target market in today’s world, how you will differentiate your product from other companies, how to reach the target audience using the major platforms, and new strategies that have grown interest in Gen.. All of these answers to the question will help you transform your business plan into a roadmap.
 

   2. Misconceptions:

Many have a myth that time spent on a business that fails is time wasted. But we know that quick success stories are rare time you spend in business will teach you to avoid these mistakes in the future for your 10 businesses more. We know the Taj Mahal was not built in a day!

Once you have planned a road map, go through the product design, product description, and market analysis, and start by launching minimum viable products. Testing the functionality, market response, and selling scale is very important it saves your time, money, and stops you from failing before you start massive production.

Once your product succeeds, then you can start with massive production and register your business through a legal structure. 

Develop a creative marketing team where you make SEO friendly websites, and Viral your products on major social media platforms.

Instead of pressurizing the brain and going through a complex way, try to break all the major problems into simple, basic thoughts and resolve all the misconceptions.