Finding Inspiration

Idea generation is a process of creating, developing and communicating ideas. There are two ways to construct an idea and turning it into an innovative concept.

1.Ideas are generated spontaneously to create something new, special and extraordinary

Studies show that five key behaviors optimize your potential to generate innovative ideas.

Making connections between problems or ideas from unrelated fields

Asking questions that challenge common knowledge

Analyse customers, suppliers and competitor's behavior to identify new ways of doing things

Meet people with diverse ideas and perspectives

Constructing interactive experiences and provoking unorthodox responses to see what insights emerge

Notes: https://www.creativityatwork.com/2014/02/17/what-is-creativity/ The Innovator DNA - bók

Ways to increase your creativity

Everyone has the ability to generate great ideas, but it takes more than a great idea to venture into solopreneurship.  A believe in one self and the courage to take action can make all the difference!

“At its core, creative confidence is about believing in your ability to create change in the world around you.”

-David Kelley- 

Notes: https://www.entrepreneur.com/slideshow/317262

“The only way to do great work, is to love what you do”

-Steve Jobs-

Get talking!

Getting stuck is no reason to give up, try different approaches to get going again!

Smart solutions in idea development

•Mind mapping is a powerful tool to organize ideas and brainstorm

After organizing your thoughts through mind mapping, simplifying and clarifying things will give you the core of your business idea!

Try to describe your business idea in a sentence…

Idea: “My company,_(name of company)_, is developing_(a defined offering)_to help_(a defined audience)_(solve a problem)_with_(a product)”

Notes: https://medium.com/swlh/have-a-business-idea-here-are-the-next-steps-606db0f8eb2d

Smart phone apps that can boost your creative thinking!

https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Notes: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Remove an essential component from a product / idea and find uses for the newly envisioned arrangement of the existing components.

Example:

Removing the ear covers from traditional headphones resulted in “ear buds” that fits inside the ear.

Notes: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Add to a product / idea a component of the same type as an existing component. The added component should be changed in some way.

Example:

Training wheels for children's bicycles. Wheels duplicated and modified to create a new product.

Notes: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Divide the product / idea functionally or physically and then readjust it. Taking a full-sized product and dividing it into smaller versions of itself.

Example:

For example cupcakes are a smaller individual sized cakes

Notes: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Assign a new and additional task to an existing resource. The task may be previously thought to be unrelated. 

Example:

A Facial moisturizer can additionally provide sunscreen protection.

Notes: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Creating and breaking dependencies between variables of a product.As one attribute changes another does too.

Example:

Transition sunglasses which get darker as the outside light gets brighter.

Note: https://www.psychologytoday.com/us/blog/inside-the-box/201304/systematic-inventive-thinking

Effective Idea Development

Notes: https://www.pcma.org/power-procurement-valuable-creativity/

Before venturing into solopreneurship it is good to  ask yourself practical questions to dive deeper into the core and concept of a business  idea.

Notes:  https://news.ewmfg.com/blog/5-questions-to-ask-about-your-product-idea

Finding the focal point of execution, viability and demand is crucial to an idea´s success !

–Can the idea be executed?

1st: technical factor

→ Is the idea technically viable?

...but there are other factors for success.

Notes:  Begin with the technical factor of an idea. Figuring out if an idea is technically viable and is crucial for advancing a business idea. But technology cannot stand alone and it´s success is dependent on other factors.

2nd: business factor

→ Innovative technology cannot stand alone, it has to be economically viable and profitable.

If technology could stand alone the general public would travel via helicopter.

3rd: human factor

→ products must meet a demand

→ serve a need in the market

Compassion can drive further idea development by improving understanding of people's needs and desires.

Notes:  Third, but not last the human factor is examined. The product must meet a demand and serve a need in the market. Compassion can also drive further idea development by improving ones understanding of people's needs and desires.