Hi everyone,
Came out with an idea would like to know what do you think and if you can think on a way of developing it or market it even better! Let's just brainstorm it together.
So I have been doing a lot of research for the past two weeks on different businesses and realised that to find information online its very hard. Most of the information I found was in academic journals in researchgate, etc..
The main idea is that if you got money to invest and are looking to start something it's very hard to find ideas on what invest/start unless you are familiarised with a particular sector. For instance, through my research I found economic feasibility reports on biodiesel plants, tomato processing plants, organic farms, solar power farms, etc.. Unless you are in the industry you wouldn't know how much investment do you need, what is the payback period, what employees do you need etc..
I feel that people are limited by their knowledge or what is out there (franchises) but there is so much opportunity in business with great returns.
So what I thought about is a website where you find 100+ economic feasibility studies on different business and stats about the sectors. It can be an eye opener for many people. It could also be a community based website, for instance if you've opened a micro-greens venture you could help fellow community members with their questions on how to start, etc..
What do you guys think?
I am happy we are in the same boat! The biggest issue on building something like this is the amount of information required to actually build it. If only there was a way of automating the process: for instance, imagine paying a micro-greens startup to fill all that information for the website or something like that.
Any ideas??
This is a really interesting idea. I've found this problem myself too, and I've tried to get around it by browsing domain experts online (especially YouTube). But that's only really helpful in getting the technical detail needed (how to grow microgreens under what conditions, what type of batteries work best for solar farms etc). It doesn't help in understanding what would be needed to actually turn that into a business.
It would be great to have the same template for each industry (this is how much it costs to start, this is what you would need, these are the roles required, these are pain points experienced in this industry, this is how you get potential clients in this industry). That way I can browse the industries that interest me, potentially chat to some people in that industry, and then take ideas/investment options from there.
just saw this reply.. sorry.
Absolutely agree with you