By the end of this section, you will be able to:

Get ideas on how to find business opportunities.

Explore the viability of your business idea or ideas.

The exercises in this section are designed for you to read over, pick up some useful ideas, and then pursue these ideas on your own. In Part A, we will take a look at how to find business opportunities. In Part B, we will focus on how to research the viability of these business opportunities.

You will probably find that once you start looking for business ideas, you will be in a constant state of adding to and adjusting your plans. During this phase of your life, it is important to be open to potential opportunities without getting overwhelmed by the vast array of options you will discover. To help you stay focused and organized, you might want to get yourself a notebook that is dedicated to researching business opportunities. Carry this notebook around with you to jot down ideas as they come to you, to keep track of information you obtain, and to list business contacts you make along the way.

On to Getting Business Ideas