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PART IV |
THE BEST
BUSINESS IDEAS FOR YOU
1. Screen your ideas list
After doing all of the things described in Part III, Muthoni
came up with 17 business ideas. However, when considering
the following five criteria, her list has been reduced to only
six ideas.
• Which need is to be fulfilled?
• What good or service will the business sell?
• Who will the business sell to?
• How will the business sell its good or service?
• How much will the business depend upon and impact
the environment?
These six on her short list are now the best ideas that she will consider.
MY IDEAS LIST
Ideas
Solar lamps and chargers
Description
Which need is to be fulfilled? Need for lighting in areas where the electricity
is unreliable, expensive and the power is often cut.
What good/service? Solar lamps and chargers. There is an NGO currently
teaching people how to make solar lighting and chargers. There is also a
programme for financing businesses that produce solar products.
Who to sell to? All the homes and businesses in my area, as the power here
is often cut off.
How to sell? Through hardware stores.
How will the environment be affected? The lamp uses solar energy, a
form of renewable energy. The charger will be durable so that it has a long
life and does not need to be replaced often. Dumping of chargers that have
toxic chemicals inside will be done in such a way that does not pollute the
environment or seep into the water table.
PART IV | The best business ideas for you | 49