Find profitable problems to solve - A guide for noobs

[Timi_GB]

This is a question for everybody and all answers will be appreciated as it will help everyone starting out.

I'll like to know how you go about find profitable problems to solve since this is the most important skill to have for any entrepreneur.

I'm a noob to this online business and digital marketing frenzy and I've been utterly struggling to make my first dollar. I've gone from one forum to the next looking for the quickest way to make a few bucks, but I've been unable to find any.

What I've been able to learn though was that nobody will give you their money in exchange for nothing. Business is the exchange of value. You solve a problem that people have and they give you their money - simple! That's the ultimate key to making money online and offline. If you can't solve a problem, then you will end up wasting your time looking for quick ways to make a few dollars online.

Thanks for your time.

~Timi_GB

 

[djw1606]

We are surrounded by these things

Anytime you hear someone moan about something, that is a problem waiting to be solved. If there are enough people with the same problem, it becomes a potential business

Hang out on forums and listen to discussions. See what people are having difficulty with, see if you can turn it into a business. Go out and talk to people, they will soon start complaining about something. See if you can do anything about it. Anytime you hear someone say "how do you do...(whatever)" or " where do I find...(whatever)" that is a problem waiting to be solved.

There are certain problems that people will always have, no matter how many businesses are already in the marketplace. People will always want more money, people will always want to get laid, people will always want nice things, people will always want to be healthy.

You just have to find a way in. Spend a week walking around and write down every problem you encounter and every problem you hear about. Then use that data to identify a way into a market. You don't have to go looking for something that will make you a millionaire in a couple of months, look for something that you can turn into a profitable business and scale from there

 

[bleeper]

Go to clickbank and look at all the products there. Pretty much every one of them was created to solve a problem for someone.

 

[Billy Batts]

quickest way to make a few bucks

Because there are no quick ways, even the easiest methods take time to do and perfect.

Would't go as far to call your observation a guide though.

 

[norhirah]

for your problem there's a book called The Millionaire Fastlane.
Look it up..

 

[wfjcc]

for your problem there's a book called The Millionaire Fastlane.
Look it up..

Will read this.

 

[Timi_GB]

for your problem there's a book called The Millionaire Fastlane.
Look it up..

Thanks. I'll be sure to check it out!!

 

[Timi_GB]

Because there are no quick ways, even the easiest methods take time to do and perfect.

Would't go as far to call your observation a guide though.

Wasn't meant to be a guide, it was just my observation from the short time I've spent exploring the world of online entrepreneurship. Thanks.

 

[Timi_GB]

We are surrounded by these things

Anytime you hear someone moan about something, that is a problem waiting to be solved. If there are enough people with the same problem, it becomes a potential business

Hang out on forums and listen to discussions. See what people are having difficulty with, see if you can turn it into a business. Go out and talk to people, they will soon start complaining about something. See if you can do anything about it. Anytime you hear someone say "how do you do...(whatever)" or " where do I find...(whatever)" that is a problem waiting to be solved.

There are certain problems that people will always have, no matter how many businesses are already in the marketplace. People will always want more money, people will always want to get laid, people will always want nice things, people will always want to be healthy.

You just have to find a way in. Spend a week walking around and write down every problem you encounter and every problem you hear about. Then use that data to identify a way into a market. You don't have to go looking for something that will make you a millionaire in a couple of months, look for something that you can turn into a profitable business and scale from there

Wow, thanks for such a detailed response. I'll keep this in mind.

 

[debtsicario]

You should consider looking where people post their problems, such as "wanted" ads.

 

[blogzandstuff]

This is a question for everybody and all answers will be appreciated as it will help everyone starting out.

I'll like to know how you go about find profitable problems to solve since this is the most important skill to have for any entrepreneur.

I'm a noob to this online business and digital marketing frenzy and I've been utterly struggling to make my first dollar. I've gone from one forum to the next looking for the quickest way to make a few bucks, but I've been unable to find any.

What I've been able to learn though was that nobody will give you their money in exchange for nothing. Business is the exchange of value. You solve a problem that people have and they give you their money - simple! That's the ultimate key to making money online and offline. If you can't solve a problem, then you will end up wasting your time looking for quick ways to make a few dollars online.

Thanks for your time.

~Timi_GB

You've got your business idea right there in front of you. You've tried different things, so set up a blog, write reviews etc about the things you've tried showing others the pitfalls etc, monetize with AdSense and Amazon. You can recommend affiliate schemes, software etc with your link and make money. There's your problem solving business right there