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Five More Questions That Will Generate Ideas For Your Business

This the second part of my article entitled "Five Questions That Will Bring New Ideas For Your Business". Do you want more ideas to benefit your business? If so, continue answering the next five questions.

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?

So without further ado, lets begin with Question six: How could I automate XYZ?

Armand Morin comes up with so many different product ideas that I asked him once, "How do you come up with so many different ideas?"

He laughed and said; "It's easy. I'm lazy, so if something in my business is taking up too much time then I ask myself how could I automate it? Ninety percent of my ideas for products come from recognizing what is draining my time. I really just want to automate everything."

Wanting to automate everything is where he gets his product ideas from! It is a powerful question, so make sure you ask yourself it.

Moving onto question number 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.

I had this happen to me actually just a little while ago. I was interested in purchasing a dedicated server from a certain company but their buying process was extremely difficult. It became so frustrating that I ended up giving up and purchasing one from someone else.

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?

A great tool to use for this question is the Ask Database. Alex Mandossian created this phenomenal piece of software. If you have it, use it. Use it to constantly ask people what problems they are having and make products that will 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.

This website is extremely powerful and useful when finding problems. Make sure you write this down - it is www.Answer.Google.com

When you go there, I want you to click on the category that is most applicable to you and your business, and find out what questions people are asking. Those questions are problems.

If you see a common question coming up, that's a clear indication that many people are probably experiencing the same problem. That presents a need for a product to help solve that problem.

So constantly ask yourself the question: Are there problems my target market is experiencing and how could I solve them with a new product?

Question number nine: Alex Mandossian brought this question up at a recent Big Seminar - How can my current products or services be residualized?

This is the best senario, constantly getting paid every single month, or whatever time frame you lay out. You should be looking at how you can get paid more than once, over and over again. Instead of having to find new customers, you will be benefitting and leveraging your existing customers.

Ask yourself that question: How could I residualize my current products or services?

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?

Thinking in the customers favor and frame of mind is really going to get a whole bunch of ideas popping into your head.

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.

Planning my first seminar a few years back I stopped and asked myself how could I increase the value of what I am offering before any of the attendees even got there. By doing this they were wow'd when I gave them bonus after bonus throughout the course of the seminar. This led to 100% satisfaction and all of them were asking when the next Idea Incubator would be. I still have some of those attendees still come every year to it and they are now all willing to spread the word about what a great time it was.

Their praise and enthusiasm about my event continued even to the Big Seminar. They continued telling everyone what a great time they had and how much valuable information they received from the Idea Incubator.

The only reason that happened was because I put forth the effort and mentally asked that question. How can I increase the value of what I'm currently offering?

By asking yourself that question, new opportunities emerge with for your business, services and products.

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.

Article Source: http://www.articleadventure.com

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