Ask AI Anything: We asked ChatGPT 'How do I come up with a good business idea?'—Here's what it said

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1. Start With a Problem

Look for pain points in your daily life or industry you know well.

Ask: What frustrates me or others repeatedly?

Good businesses solve real problems. No problem = no business.

Example: Uber started with the frustration of hailing cabs.

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2. Focus on Your Strengths

List your skills, knowledge areas, or passions.

A good idea is often where what you love meets what you're good at and what people will pay for.

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3. Find Market Gaps

Research existing products or services and ask:

What's missing?

What could be done better?

What are people complaining about in reviews/forums?

Tools like Google Trends, Reddit, Product Hunt, or Amazon reviews can reveal unmet needs.

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4. Follow Trends With Long-Term Potential

AI, sustainability, creator economy, digital health, and remote work tools are examples of fast-growing sectors.

A good idea rides a wave that’s getting bigger, not smaller.

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5. Talk to People

Ask potential customers what they wish existed.

Conversations > assumptions.

Even a rough idea can be shaped through feedback.