Tuesday 9 October 2007

New Business Ideas - Dont reinvent the wheel

In todays world wherein there are so many new inventions /application being made day in day out which are very successful but its not necessary that you have to reinvent the wheel and invent a new thing(product or service )to be successful .
There are enormous example in today Web 2.0 world itself wherein the companies which have grown exponentially and have millions of registered users have been a target of people who are looking for ideas how to leverage that brand to start a new business.

Support Service out of a Service
For eg After enormous success of Twitter people are just finding ways to target those user groups who are on it.

Support Product out of a Service
Everybody knows how big gaming inustry and how much time Kids/ adult spend gaming nowadays so companies have manufacture a new type of table just for gaming.



If you want one for your kid its available in Hamleys

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