What to do if I have multiple or too many business ideas
October 29, 2019
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This tutorial answers the question of what to do if I have multiple or too many business ideas. For more business help, try our business apps http://www.problemio.com
If you have many business ideas, 99% of the time, the best thing to do is to narrow the multiple business ideas down to just one idea. In the video I help to explain some of the thinking points for a situation when you have many business ideas and the good-practice things to think about to narrow them down to one.
One thing you can try is to take your multiple ideas, and consider which is in a better market, which you have more passion about, which has less risk and more reward, and so on. I go over a number of such criteria in the video. I hope this helps you narrow down your many ideas to one. Please comment and let me know if you have further questions.
Having multiple business ideas is fun. But once it is time to start your business, you should definitely narrow the multiple business ideas that you have into one idea that you want to turn into a successful business. The reason you need to focus just one one idea is that building a business is very difficult and you will need to devote all your efforts to one idea to give it the biggest chance to succeed.
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iOS business plan app:
And here is our 4-app business starting course on the Kindle:
Please check out my business books. Here is my book on starting a business which covers the issue of what to do if you have too many business ideas: