Before starting any business, before Website design And for digital marketing training, you need a unique and special business idea. A new money making business idea is one of the ways to make big money. Today’s world revolves around the attractive ideas of bold people. Ideas that at first seem more like complete madness. Who was willing to invest in personal computers? Who was willing to create chat and talk in the digital world in a world full of mail and letters?

Creative business and startup ideas in digital marketing

• How to monetize your idea?
• What is a money making business idea?
• How to have a money-making idea for business?
• What is the most important money-making part of a business idea?
• Why are ideas the foundation of companies in today’s world?
• Why are ideas or startups one of the most important ways to migrate?

What kind of ideas are money-making ideas?

Accept that the world Digital Idea makers should be given more courage. From Uber to Amazon, from Yahoo Messenger to WhatsApp, from eBay to Alibaba. Ideas that make people’s lives easier, shorten the hands of brokers, meet needs quickly and with quality, will be money-making and successful ideas. But most importantly, what do you think makes an idea fail or an idea make money? The investor of the idea or the country where the idea is implemented or the team that is developing the idea? The business path of business or marketing?

All the above factors are important in having a money making idea to start a business. But the most important principle of having a money-making idea is the timing of that idea. The society must have reached that level of need and have the ability to work with that idea. No matter how great the idea is, but if it is not executed with the right timing, it is just a seed planted to reap the rest of the business in time. Note that you should teach your ideas or make them as simple as possible to use. You have to ask yourself.

Are customers really ready for what you have to offer?

As can be guessed from the appearance of this mobile phone, this product was not well received. It’s not all about the time people use or their readiness. A part is also related to technological advances and other complementary issues in the field of ideas. But 15 years later, i.e. in 2007, after Simon’s failure, LG came into action and with the LG-KE850 prada mobile phone, it was able to have a powerful and attractive presence in the mobile phone market.

Let’s start with a simple example. What company made the world’s first touch phone and in what year? Usually we think of Sony Ericsson or Apple. But it is interesting to know that the first touch phone was made by the Simon company and came to the market in 1992. In the wrong timing, the world of IBM was not ready, the technology at that time was not ready to have efficient touch mobiles.

The reason for the success of big brands

But just one year later, (HTC Dream), (T-Mobile-G1) and on the other hand, the legendary Apple of the Steve Jobs era with (iPhone 2G), took over the smart mobile market. The reason for this success was two factors:
1. Appropriate technology timing
2. The right time for society to be ready to use smart and touch mobile phones
Of course, in the meantime, brands such as Sony Ericsson, Sony and Nokia also made efforts, but due to the inappropriate and unique operating system of the mentioned companies, they were not successful. did not have. Their success was only partial and short-term.

The existence of Android and IOS technology and operating systems, the need of people to have mobile phones and the enthusiasm of the smart world for everyone, has caused the success of these brands. The continuous and unique development of Apple technology during the Steve Jobs era and the correct marketing of the current Apple has caused the continuous presence of this brand until now.

 But as you know, until a few years ago, Samsung and Apple were very powerful in the field of mobile phones and Blackberry in the field of secure mobile phones. But today we are witnessing the emergence of emerging brands in the world of technology with competitive abilities and a much cheaper price than other mentioned brands, such as Huawei and Xiaomi.

New ideas in business

The issue of having new ideas is generally a money-making challenge for all businesses. Both start-up businesses and older and more powerful businesses. But why is the idea and start-up so important and money-making?

The task of startups is to discover people’s needs and meet their needs in a simple and cheap way. However, the needs must be in the correct timing.

Where to find money-making ideas?

The existence of Android and IOS technology and operating systems, the need of people to have mobile phones and the enthusiasm of the smart world for everyone, has caused the success of these brands. The continuous and unique development of Apple technology during the Steve Jobs era and the correct marketing of the current Apple has caused the continuous presence of this brand until now. But as you know, until a few years ago, Samsung and Apple were very powerful in the field of mobile phones and Blackberry in the field of secure mobile phones. But today we are witnessing the emergence of emerging brands in the world of technology with competitive abilities and a much cheaper price than other mentioned brands, such as Huawei and Xiaomi.

The issue of having new ideas is generally a money-making challenge for all businesses. Both start-up businesses and older and more powerful businesses. But why is the idea and start-up so important and money-making? The task of startups is to discover people’s needs and meet their needs in a simple and cheap way. However, the needs must be in the correct timing.

What are the effective factors in the success of an idea?

In general, to implement an idea, we need the following factors:
1. A special and new idea
2. Executive team
3. Investor
4. Business plan
5. Appropriate timing

Special and new business idea

We mentioned that money-making business ideas are those that target the needs of people and society and are capable of solving them. But this idea must justify the cost to consumers. For example, since SNAP entered Iran, it has brought many opponents. But before that, Uber had started to operate in the world. (It is interesting to know that the director of Uber is Mr. Dara Khosrowshahi) But what happened that Snap and Uber became successful?

It is better to give the example of Snap, because we closely watched the beginning and growth of this idea in the society ourselves We have observed Snap started working in Iran in 2014. The first opponents of SNAP were car rental agencies. Because their business was disappearing. But what caused the increase in the number of Snap drivers and Snap passengers every day?

Uncertain and unfair prices of the agencies, unusual behavior and very worn out cars that according to the drivers did not have air conditioners or heaters. The constant conflict for the fare, the lack of constant access to cars, the agency and the lack of traffic plans on the part of the majority of drivers, but the main concern of the drivers was not having passengers on the way back to the agency.

What was the helper of digital and new business?

Dozens of other reasons why drivers were not satisfied with passengers and agencies, not passengers with drivers and agencies. What attempts and mockery that the agencies did not do to destroy Snap, from false thefts to many other issues. But with the advent of Snap, all these problems were solved. That is, people’s need to find available cars in any place and neighborhood with a specific price and to quickly find these drivers, and on the other hand, Snap drivers’ selective timing for work, specific prices and free places to accept trips or places to pick up passengers, caused Snap to spread and increase its popularity. It is interesting to know that until Snap’s 5th anniversary celebration, according to Snap itself, it has 2 million drivers and 30 million passengers in Iran. 

But imagine that this idea was born 10 or even 7 years ago instead of 5 years ago. The most important factor that could hinder Snap’s progress at that time was the lack of a suitable mobile internet platform, the lack of universality of smartphones and the ability of all classes of all ages to use smartphones at that time. The next reason for the lack of success was people’s lack of need to use internet taxis. Especially since the economic situation in those years was much better than today and not every student or anyone with a certificate was looking for a job at SNAP.

So, proper timing was the reason for SNAP’s progress in Iran. After that, other issues such as the ease of using Snap, more respectful treatment and more suitable Snap cars can be mentioned.

Each of the success factors of an idea, how many percentages guarantee the success of a business idea?

Bill gross founder of idea factory, in a seminar in Tedx.com, explicitly mentioned that the execution time of an idea will have a direct relationship with the success of that idea. In this seminar, Mr. Bill pointed out that among the successful ideas, the most effective factor is the implementation schedule of those ideas, and the rest of the issues mentioned, such as the team and the investor, were far less important. Nearly half of the success percentage, i.e. 42%, is the timing success factor and the remaining 4 factors together have a share of 68%.

That is, each factor is about 17%. According to their research, among their 200 companies, half of which were successful and the other half failed, they reached these figures. Surprising numbers that show which of the factors had the most successful ideas and the rest of the factors have the remaining share.

Timing: 42%
Executive team: 32%
Idea: 28%
Business plan: 24%
Investor: 14%
The companies that were successful had 42% of the timing come to their aid.

Surprisingly, the investor has only 14% stake in the success of an idea. Everyone thinks that the idea itself is the biggest contributor to success and money-making, but surprisingly, the idea’s attractiveness share is an incredible 28%. So prioritize the timing of the idea. It may be an extremely attractive and useful idea; But if the timing is not right, it will only be a seed ready for the rest of the companies in the future. 

Why are ideas or startups one of the most important ways to migrate?

Since ideas are formed for convenience and usually to increase income, and first world countries try to make their citizens comfortable, they welcome ideas that can generate income for citizens or provide more ease, peace, and security for their lives, or both. The countries of the first world have realized that the digital world will be the most important factor of progress and convenience in people’s lives.

This is the task of the digital world. The ease of use that we see more every day and the use of technology has become so simple that even a 2-3 year old child has the ability to work with everyday technologies such as mobile phones. The fact that your young child can access your photo gallery is not a sign of his high intelligence. It is a sign of the great intelligence of the person who designed that device that even a 2-3 year old child has the ability to work with that technology.

Summary 

In the world of digital businesses and startups, innovative ideas and good timing are the main factors of success. Even if we have an attractive and potential idea, if it is not implemented at the right time and platform, it may not come to fruition. The success of startups depends on many factors, including the executive team, investors, and business strategies. In the meantime, the use of technology and its adaptation to the needs of society and time creates unique opportunities for the growth and development of businesses. Finally, a successful idea should, in addition to being innovative, have the ability to meet real needs and create added value for users.

Business coaching services Gelavizh helps entrepreneurs and managers to turn their innovative ideas into sustainable and profitable businesses. With expert advice in the fields of strategy, team management, and digital marketing, Gelavizh guides you on the path to growth and success. Also, Gelavizh It also offers comprehensive educational and consulting services in the field of digital businesses so that you can be successful in today’s competitive world.

Frequently asked questions

1. What is a money making business idea?

A money-making business idea is a creative plan or solution that can solve a real need of the people or the market in a simple, fast and cost-effective way. These ideas are usually formed based on technology, innovation and accurate understanding of customer behavior and can lead to sustainable income generation.

2. How can we find a money-making business idea?

To find a money-making idea, you must first identify unmet market needs. Then, by examining people’s problems, global trends, and competitor analysis, you can come up with fresh solutions. Studying the market, researching customer behavior and taking inspiration from successful global startups also helps a lot.

3. What are the most important success factors of a business idea?

According to research, five main factors contribute to the success of ideas:

• Appropriate timing (42%),
• Strong executive team.
• the idea itself
• business map,
• Investor.

Among these factors, the timing of the implementation of the idea has the greatest impact and can make the difference between failure and success.

4. Why is timing important in the success of a money-making idea?

Timing means implementing the idea when society and technology are ready for it. Even the best ideas fail if implemented at the wrong time. A clear example was IBM’s first touch phone in 1992, which failed due to the market not being ready, but a few years later, Apple succeeded with the iPhone.

5. How to turn an idea into real income and business?

To generate income from an idea, you must first validate it, then form a team of experts, write a business plan and attract investors. Further, by using digital marketing, branding and providing real value to the customer, you can turn the idea into a sustainable source of income.

6. Why are startups and ideas important migration routes?

Because developed countries welcome ideas that create jobs, increase the welfare and income of their citizens. Many immigration programs such as the Startup Visa are for people who can start a profitable business in the destination country with an innovative idea.

7. How to design an idea similar to Snap or Uber?

To design an idea like Snap or Uber, you must first find a real problem in society, then provide a simple and digital solution for it. These types of ideas succeed when the technology platform, user behavior and country’s infrastructure are ready for its implementation.