This document discusses how to turn an idea into a business. It begins by explaining that ideas can come from solving personal problems, following trends, or copying existing businesses. It then discusses the importance of developing a business model to describe how the business will create and capture value. Several common online business models are presented such as pure play online, affiliate marketing, broker models, and subscription models. The document emphasizes the need to understand the problem, how big the affected group is, and if the proposed solution is good before starting. It recommends initial market research methods such as interviews, online forums, and analytics. Finally, it discusses moving from an MVP (minimum viable product) to launching the product, emphasizing testing with customers early.