Five More Easy Questions That Will Ignite Ideas For Your Business
This is a continuation of my article entitled “Five Simple Questions That Will Help Spark All Kinds Of New Ideas For Your Business”. Within this article we have five more questions that will get your wheels turning and into idea producing mode.
The first five questions were: 1) What can I do in the next seven days to fill in the blank 2) What marketing ideas are successfully being used in your industry? 3) What are five new ways that I can acquire customers? 4) Who could really help my idea take off and how can I make it super easy for them to do so? 5) How could I wow blank for under $10?
We will begin right away with Question Six: How could I automate XYZ?
I asked Armand Morin one time, “Where do you get your ideas for all of your products?”
He said, “It’s simple. I look at what I’m doing and how much time it’s taking me. If it’s taking me too much time, I ask myself How could I automate this process? Ninety percent of my product ideas come from my ability to recognize what’s draining my time. I’m lazy. I want to automate everything.”
That’s where his product ideas come from. Powerful question, so ask yourself that question. How could you automate XYZ?
Question seven: How could XYZ be simplified?
Have you ever bought your own product and gone through the process your costumers would be doing? Is it a complicated process? So many times I’ve had to go through a horrible process just to buy a product I was interested in.
This happened to me recently actually. I was trying to purchase a server, a new dedicated server. The process the company was trying to make me go through just to purchase made me so frustrated that I ended up giving up and choosing a different company.
So they need to ask the question: How can they simplify the purchasing process for my customers?
It’s the same question you could ask yourself, and it can be a very powerful piece of stimuli to spark all kinds of new processes for you.
Question eight: Thinking about my target market, what product should I create to solve one of the problems they are experiencing?
Alex Mandossian created a phenomenal piece of software, a phenomenal tool called the Ask Database. For those of you who have it, use it. Constantly ask people what products they’re having. Find out what problems they’re having and solve them.
Being able to find problems and solve them is an attribute that all creative thinkers should have and use. Being able to solve someone else’s problem will always keep you in demand.
Write this down - www.Answer.Google.com - this is a great website and powerful tool to use to find problems that exist.
When you get to that website click on the most appropriate category for your business. Here you will see what kinda of questions people are asking in that category, those questions are also problems.
After looking through the questions if you notice a commonality amoung them, than that would be a clear indication of a problem needing to be solved. With a problem in hand you can now create a product which solves it.
Ask yourself this question on a regular basis: What product can I create that will solve the problems my target market is experiencing?
Question nine: Watching Alex Mandossian present at a recent seminar I heard him bring this up, and it is a very powerful question. How could my current products or services by residualized?
In today’s day and age, look to get paid not once, but more than once. Time and time again. Every single month or whatever. But if you look to constantly residualize your products or services, you’re going to have a constant stream of cash flow. Rather than fighting to try to get new customers, you really benefit and leverage your existing customers.
How could my current products or services by residualized? -Ask yourself that question.
Final question, the last thing I am going to leave you with is; with the products and services I have now, how could I increase their value?
When you do that, your mind and your brain is just going to take off because you’re going to start to think in the customer’s favor.
Thinking from your customer’s point of view will really ignite ideas that benefit your customers. Your existing customer base is a fantastic source and you really should take the time to think about how you can benefit them. If you do, they are more likely to buy from you, tell others about your products and services and therefore create more revenue for your business.
Using this question I was able to get 100% satisfaction from the first seminar I ever held. I asked myself, how I could increase the value, before any of the attendees arrived. By doing so, I was able to deliver bonus after bonus to them throughout the seminar. At the end of the three days people kept coming up asking when the next Idea Incubator would be because they were thrilled at the amount of information they received!
Even at the Big Seminar they were telling eveyone about the amount of value they received at the Idea Incubator and what a great time it was.
By asking myself how could I increase the value of my current offering, I now have a group of individuals praising my event. This only happened because I asked myself that question and put forth the effort to do so.
Your services, products and your business will only be opened up to new opportunities when you do this.
That’s about it!
I hope you got as much out of this information as I did.
When your in the most need, may ideas come to you.
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