A business idea is a concept that can be used for financial gain that is usually centered on a product or service that can be offered for money. An idea is the first milestone in the process of building a successful business.
The characteristics of a promising business idea are:
- Innovative
- Unique
- Problem solving
- Profitable
- understandable
A business idea is often linked to its creator who needs to identify the business, value proposition in order to launch to market and establish competitive advantage. A business idea is the first spark of Entrepreneurship.
Many youths forgot that our fore-fathers was rich through business; in the olden days, they go into different business, such as: Farming Business, Trading, Transportation inclusive. What we fail to understood is about the solution to the new Modern Technology. All we need to do is to modernize all those business of olden days and apply Technology to make things easier. Youths forgot to think about this and they went into different crimes (Fraud, Arm-robbery, Kidnapping, Ritual and all sort of shameful acts. Let apply the technology present now and we gain a true financial freedom. Youths Are The Future (YATF).
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