• Good2use Business Development
  • investment opportunities

    Developing An Idea

    The Good2use.com invest-in-entrepreneurs pages allow you to reach out to potential investors. To do this you need to consider three issues

    Within develop business idea you can address the issues that arise when taking an idea to the stage where others start to get it.

    When looking around for business ideas, bear in mind that these could be based on any of the following approaches:

    • A manufactured product where you buy materials or parts and make up the product(s) yourself.
    • A distributed product where you buy product from a wholesaler/MLM, retailer, or manufacturer.
    • A service which you provide.
    Bear in mind that most good business ideas are not completely original. You may be familiar with the following diagram which shows the possible combinations of existing/new products/markets.

     Existing ProductsNew Products
    Existing Markets12
    New Markets34

    The simplest business ideas (existing products in existing markets) will be located Box 1 and the trickiest (new products in new markets) are likely to be in Box 4.
    If you concentrate on pursuing ideas involving existing products in existing markets, you run the risk of being exposed to severe competition.
    If you focus on new products in new markets, you might find yourself too far out on a limb. Look most closely at the combinations of products and markets in boxes 2 & 3. more .....

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