Mike Baur is a forty two year old successful businessman. He is the founder of the startup company accelerator the Swiss Startup Factory. Like its name implies, it is a company that is there to help young people start their very own successful startup businesses.
Mike Baur laughed when he was asked whether he could give people a hint on how to come up with good and brilliant ideas for their new startup businesses. He said that he can not give a hint and that he does not have to give a hint.
The reality is that ideas will come to you of their own nature, says Mike Baur. Ideas will come to you when you hustle and when you work hard. When you are constantly thinking about new ideas, a sudden flash of inspiration will enter your brain with a brilliant idea that you would never have thought of on your own. The reality is that we all have the ability to come up with these ideas. All you have to do is work hard and make sure that you develop your innovative spirit. Your innovative spirit is the most important thing when it comes to new ideas which you can turn into successful businesses. You have to develop the creative part of your mind in order to be successful.
Sometimes you will be trying to buy something when you realize that a certain product or service is missing from the market. It may be missing from the market around the world, or it may just be missing from the market in your own country. Regardless, you should take the opportunity to think how you can fill the gap that exists in the market. If you offer a service that people need but which has not been offered before in your country, you will succeed. There is a very good chance of success, at least. This is because the competition will be low and the demand for your services will be high.
You have to have a certain mindset of an entrepreneur, says Mike Baur. This mindset will help you think of ideas to fill gaps in the market. Once you do have an idea, you have to come up with a way to fulfill them. The reality is that these days, it is a lot easier to implement your ideas.