Generating a Biz idea

The environment that we live in is full of opportunities that can be translated into business ideas but many are never recognized and tapped. Business ideas are usually picked from existing problems, unmet needs or underutilized resources. It is important to scan the environment and spot the opportunities that do exist and develop ideas to match them. Businesses that are not open to new ideas usually die in their first two years of operation. The need to change with the changing business environment is supreme.
Identifying business opportunities is not enough. Having personal characteristics that match the business opportunity is just as important, that is “A good person with a second class idea is better off than a good idea with a second class person.” Thus, for you to start a business, knowing your strengths and weaknesses is key!
You must possess some unique skills and talents right? These are resources that you should exploit as you go about starting your business. For instance, are you organized and meticulous? If yes, then you can probably do a good job in managing the accounts of the business. Otherwise, you must find a person that may be able to bring this talent.