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How do you come up with a million dollar idea?

How do you come up with a million dollar idea?

Here are some easy things that can help you connect with the million-dollar idea that’s inside you.

  1. Question everything.
  2. Brainstorm fearlessly.
  3. Look for solutions.
  4. Take a lot of showers.
  5. Consume as much information as you can.
  6. Be on the lookout.
  7. Follow the demand.
  8. Let ’em call you nuts.

What kind of business can I start with 1 million dollars?

9 best million-dollar business ideas

  1. B2B products and services.
  2. Online education.
  3. Wellness offerings.
  4. Food delivery services.
  5. Wedding services and products.
  6. Dropshipping business.
  7. Food truck.
  8. Subscription model business.

Where do product ideas come from?

The majority of product ideas come from entrepreneurs and small business owners, though medium and large organizations also must identify product-development opportunities in order to remain competitive.

What are the common sources of start up ideas?

10 Important Sources for Getting Business Ideas – Revealed!

  • Past Work Experience:
  • Hobbies and Interests:
  • Strengths and Abilities:
  • Friends and Family:
  • Distribution Channels:
  • Travel:
  • Books and Magazines:
  • Current Trends:
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What business makes the most profit?

The Most Profitable Business by Sector:

  • Accounting = 18.4\%
  • Lessors of Real Estate = 17.9\%
  • Legal Services = 17.4\%
  • Management of Companies = 16\%
  • Activities Related to Real Estate = 14.9\%
  • Office of Dentists = 14.8\%
  • Offices of Real Estate Agents = 14.3\%
  • Non-Metalic Mineral and Mining = 13.2\%

What business can I start with 2million?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.