Problems to Opportunities
In this module, you will learn about problem-solving and how to turn problems into opportunities. While completing this module think about how to answer the following questions:
- How can I take a creative approach to problem-solving?
- What is a business opportunity?
- How can I turn a problem into a business opportunity?
- What are some everyday problems I have, and what could be a creative solution to these problems?
Read the following materials to learn about the creative problem-solving process and how some successful entrepreneurs turned problems into business opportunities.
Blog Post: What is Creative Problem-Solving & Why is it Important? By Michael Boyles
This blog post from the Harvard Business School introduces the creative problem-solving process. It also discusses many useful principles and tools for problem-solving.
Article: What Is Business Opportunity? – Importance, Types, & Identification by Aashish Pahwa
This article introduces the concept of a business opportunity. You will learn how to characterize, evaluate, and identify a business opportunity.
Article: How To Become An Entrepreneur: Find A Problem And Be The Solution by Shama Hyder
Shama Hyder, CEO of Zen Media, gives advice on how to turn a problem into an entrepreneurial journey you’re passionate about. She does this through sharing the inspirational story of Carl C. Schuessler, Jr. and Barry Murphy of Mitigate Partners.
Blog Post: How Solving A Problem Can Create Business Opportunity?
This blog post gives examples of how you can identify opportunities from common problems. You will also learn the process you can apply to turn your own problems into opportunities.
Article: 8 Startups That Are Making Waves By Solving Big Problems by Sujan Patel
This article gives eight examples of different startups providing innovative solutions to problems they identified in the market.