7 Steps To Come Up With A Brilliant Online Business Idea

Your passion, life experiences, or skill set can turn out to be that brilliant online business idea

Miller Bolo
Write To Inspire
5 min readDec 20, 2021

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Photo by Bruce Mars on Unsplash

Countless times I’m sure you’ve read articles about how people have thrived with their online businesses. And from your reading time sessions, you learned so many things that you never knew could possibly happen. Some of the online business ideas were simply not attainable or flourished while others went through a rough patch and survived. As important as learning a new language, coming up with a business idea is not something you approach with cold feet.

I know to certain people, this might sound like something you can think through in record time, and “boom!” there you have it. However, it might take you some bit of soul-searching and research to know what can really work for you. Now, if you want to know how you can come up with an online business idea, here are the 7 steps that can be of great help.

1. Think About What You’re Passionate About

Ever think to yourself, “If I could figure out what I’m really passionate about, everything else will take off?” If that’s so, you’re not alone. Many people always find it hard to figure out what they’re passionate about right from the start. Sadly, they might go out of their way to devise ways of doing so, though most people go about finding their passion in the wrong way.

How do they do that? By thinking about it. As human beings, we’re accustomed to using our minds to evaluate, rationalize and find things out. Some of the standard methods to find passion include:

  1. Recalling childhood interests.
  2. Taking pricey psychological tests.

Here’s the thing. If you think that passion dwells in your head, then you should think again. This is because passion lives right in your heart. The flames of passion are fueled by engagement, not thoughts. That simply means that you cannot figure out your passion by thinking about it no matter how hard you try.

It can only come into reality when you take action and feel your way to your truth from the inside out. By being proactive, it brings passion to everything you touch, to everything you do. Irrespective of what task is right in front of you, exhibit as much enthusiasm and energy to it as you possibly can.

2. Make A List Of The Things That You’re Skilled At

Now, if you’re having trouble coming up with online business ideas, you can sit and jot down a list of things you’re skilled at. You can come up with at least 10 skills that you’re good at. They could be a skill-set that you’ve learned in your career job or skills you learn from day-to-day activities. By considering some of the skills you possess, you can rediscover a brilliant idea and make it a reality.

3. Think About Your Own Experiences

Everyone at some point in life gets into some form of life-teaching experiences. These experiences can be transformational, while others may be encounters that you’d never want to remember. Despite each encounter, the most important thing is that you overcame that challenge and learned something out of it. Some of the difficulties you’ve faced may have resulted in you solving other people’s problems. And when you’re able to solve a problem, who knows, that could be that business idea you could explore and make money out of it.

4. What Do You Feel Drawn To?

Once you have your paper and all the lists of your passion, experiences, hobbies, and skill-set, among others, ask yourself. What do you feel drawn to? What is exciting? From there, you can start piecing together what feels exciting from the deepest part of your heart and walk around it. You must follow your heart; it will lead you in the right direction.

5. Go And Research Ideas In Your Chosen Area

One way of finding out about something is through research. This idea that you have could be someone else’s daily work of generating revenue. This simply means that you do not need to reinvent the wheel. You can sometimes preserve time to explore on platforms such as Google, Quora, Pinterest, and social media to carry out more research. As you do your research, find out what kind of product or service they offer.

Do people buy from them? How popular are they within their niche? Then you can ask yourself what you would do differently. From there, you can validate that this online business idea you’re about to pursue is worth trying. It’s a way to get the creativity flowing.

6. Think About What You Actually Want To Share

Think of a business idea as your newborn baby that you’re about to bring to this world. Like an infant, it means you have to take caution and nurture it until it attains maturity. So in a sense, you shouldn’t settle for an idea without giving it a hard thought. Even if it takes you a few days or weeks of that thinking or playing around with the idea, so be it. It wouldn’t be long before you realize that this particular idea perfectly suits your desire and ambition.

The rule of the game is that whatever idea you’re going to settle on must be fun and exciting. An idea that will never feel bothered getting up every morning doing. Without a doubt, if you’re in this for the first time, some ideas may seem far-fetched or unrealistic, but never dismiss them without trying. Sometimes we limit ourselves to what we think is impossible when actually so much more is possible.

7. Take Action

A person’s ultimate disgrace is having a brilliant idea and never taking action, only to find out later that someone grabbed it and ran away with it. Pursuing your journey to success will only pay off if you turn your knowledge, expertise, ideas, passion, and experiences into something you can create yourself. You can turn your genius within you into an online offering by taking action. An offering that will not only solve a problem but generate revenue beyond your imagination.

Conclusion

In life, you’ll never know if you’re good or bad at something until you try doing that thing. Even if you try and it fails, there is always room for making amends. Like baby steps, when coming up with an online business idea, there shouldn’t be any rush, lest you fall.

In a sense, you have to think through your past experiences, know your passion, skills, hobbies, and knowledge to come up with that brilliant idea. And for the good of your business journey, you must always take action and bring this idea into reality. History will always judge you right when you are solving a problem and enjoying while doing it.

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Write To Inspire
Write To Inspire

Published in Write To Inspire

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Miller Bolo
Miller Bolo

Written by Miller Bolo

| Digital Marketer| Startup Enthusiast| Social Media Manager | I help brands grow their online presence through digital marketing.