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Tips from BUSINESS IDEAS Forum

Here you can find tips and guidance how to maximize your benefit from using the BUSINESS IDEAS Forum.
Look for the "" sign to see how the discussions in the BUSINESS IDEAS Forum can help you to generate and eventually select the appropriate business strategy.
There are basically two situations you might be facing.

I want to learn about business ideas of other people

I want to develop my business idea into a real business




"There is not one best way to create business strategy, nor is there one best form of organization. The world is full of contradictions and the effective strategist in one who can live with contradictions, learn to appreciate their causes and effects and reconcile them sufficiently for effective action.
No single model or theory can incorporate all the factors that influence major business decisions or all the possible combinations of these factors that could be faced. Nor can any anticipate the bizarre changes that occur in real word environment, or, even more important, the impacts of your own or other's creative innovation."

Quinn and Mintzberg, 1991

I want to learn about business ideas of other people

There are four basic steps you should go through while looking for a business idea you would consider to turn into a real business. When you think you have some business idea worth trying, try to create the business strategy for it first. This helps you to discover the strength, weaknesses and potential pitfalls you might encounter during the implementation.

I want to develop my business idea into a real business

There are six basic steps you should go through while developing your business strategy. Usually you might contemplate more than one strategy to have the possibility to decide, which strategy would be the best to make your new business ideas come true.

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