Want to start a business but don’t have a good idea? Let us show you were the best ideas in the world came from. It’s easier than you may think. Agenda Topics - How to start a business with no business idea? - Turning the search for ideas upside down. - Going on idea hunt – several real life stories - Crafting a skill and interest based target map for your search - The “yellow Book” a problem list with important personal criteria - Idea selection process

1. Idea Seeker
Knowledge Transfer
#2 | May 4th, 2020
Accelerating Innovation & Entrepreneurship

2. WIForum active locally
Events, workshops, accelerators, mentorship

3. Seeding
Innovation
2020
https://wiforum.org
#wiforum
info@wiforum.org
+41 (41) 511-2660

4. Seeding Innovation
…literally
Knowledge Transfer monthly web series
Monthly Meetups
Innovation Capital Network ICN
World Innovations Day | Apr 21
WIForum Digital 2020 Conference Jun
Deep Innovation Design School
Innovation Accelerator (Flight 9)

5. Summary of the Entrepreneurs DNA
These are no skills, nothing inherited, no expertise, no training…
1)Fearless / risk taking *
2)Independent *
3)Curious/open *
4)Creative / compositive *
5)Determined *
6)Intelligent *
7)Connected
8)Communicative
9)Confident
10)Involving
Cofounders can offset 40% of missing traits
* = must have for all founders

6. #2 Idea Seeker
where are great ideas coming from?
• Looking for an Idea?
• How can you find great business ideas?
• Stories from idea seekers

7. BEFORE WE START
Consider your brain
the source of all ideas

8. © Copyright S3 Academy 2014#S3Accel
Mindset with no limits
No borders !!! No political, cultural, financial, physical, social or time barriers

9. 1) Identify a problem you like to fix
Laziness and lethargy are the #1 killers

10. • The problem: Shopping carts get stolen
• Or carts are scattered across huge parking lots
• Solution: Building a chain system to connect them
• Sold millions of times in Europe, Asia, Australia…

12. The problem: Margin erosion too high
Supplier compete with their own business partners
Solution: Business partner only channel
Building loyalty and re-growing margin

13. •The problem: No friend in NY is available
•Hotel is just not an option
•Solution: Building a platform for everybody
•Attracting likeminded people first
Disruptive Business Model
The brand can more easily become the focus

14. The problem: No available Taxi in Las Vegas
But Taxis still look for a ride
Solution: Building an app for driver and rider
Starting with young early adopters

15. 50% of the fortune 500 tech companies are using BlueRoads
The problem: Sales lead distribution difficult
Almost no follow up – no insights
Solution: Building a lead distribution platform
Much higher follow up rate and better closure rate

16. Don’t worry about your idea get stolen
Don’t assume that your amazing idea is worth millions
Don’t think you are the first and only one with your idea
Don’t hope the idea changes your life
The initial value of an idea is zero
Humans produce on average 4 trillion ideas per year

17. Execute your dream – it’s your only true value on earth.
Who you are, come from, your education – doesn’t matter.
Of course you don’t have money – don’t wait for it, start.
Never look for help from any government – they cannot.
It’s all about execution
It will take you 5 to 7 years to get to the top

18. Build something others can widely benefit
Deliver something many, many others need or want
Offer a service to perform what others don’t want doing
Helping others get rich
Never think how you can maximize your profit
The greatest ideas of all
Make others highly successful

19. Where are great ideas coming from?
Summary
From your own experiences (problems)
From careful market observation & listening
From taking many perspectives (see opportunities)
Crafting a concept (initial value of an idea is zero)
Get ready to execute – the path to value and prosperity
Why even looking for an idea? It’s the ignition.

20. • TEDx live (online)
• May 5 @ 5 PM (CEST)
• 3 PM GMT
• 10 PM ICT
The Innovative Mind

21. 2) Idea Validation
Is it a great idea? Does it solve a problem, Do people want it?

22. Do you like our work?
Please be so kind and let us know!
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https://twitter.com/wiforumorg

23. Idea Validation
Knowledge Transfer
#3 | Jun 8, 2020
#4 | Jul 6, 2020 – Innovative thinking
#5 | Aug 3, 2020 – Deep Innovation Design
#6 | Sep 7, 2020 – Customer Insights
Every first Monday In the month
Accelerating Innovation & Entrepreneurship

24. What’s on the horizon
Activities in May & June
May 7 - Deep Innovation Design Webinar
June 8 - Next Knowledge Transfer
June 23-25 WIForum Digital 2020 Conference
Join the community wiforum.org/win