Think big

A good business idea could be an invention, a new product or service, an original idea or solution to an everyday problem. It might also be:

  • a gap in the market that you can fill
  • a business related to the work you do already
  • an interest or hobby that you can turn into a business.

Make sure your idea fits in with your needs as an individual and is a viable business proposition. Have a good look at your likes, dislikes, interests and hobbies, and start generating ideas. 


Our favourite links

blog.ideavolcano.com Idea Volcano features a whole host of interesting business ideas - it's a place where entrepreneurs can share ideas that they're not using themselves. Visit the site for inspiration or to share some ideas of your own.

lovemyidea.com LoveMyIdea is an online community for people who have, or just love, ideas. The site can help you take your idea to the next level by getting feedback from likeminded individuals and experts. Whether you've got a business idea, an invention, or a random thought, LoveMyIdea is a great place to go to pitch, grow and even sell your ideas.

unltdideasbank.org.uk Browse the UnLtd Ideas Bank for innovative social ideas - and maybe submit some ideas of your own.


Other useful links

idea-a-day.co.uk Idea A Day publishes an original idea every day and sends it in a daily email to subscribers.

springwise.com Springwise provides inspiration for entrepreneurs by profiling promising new business ideas and young ventures from across the world. Sign up for their weekly email newsletter to get inspiration straight to your inbox.

ft.com Take a look at what's happening in the news for entrepreneurs on the Financial Times website.


Be inspired

Be inspired by someone who has made their idea happen - listen to our podcast interview with Jamie Murray Wells (running time: 25 minutes) who founded Glasses Direct.

James talks about how he started the business and manages growth, and he shares his tips for young entrepreneurs. You can also read about James' experiences in the Inspiring stories section.