Monetizing Your Hobby/Leisure Time Activity

All of us have something which we enjoy doing most during our free time. Majority of us do it for fun whereas it can be turned into an income generating activity. wonder how? here is the solution.

Click here: Turning Your Hobby or Leisure Time into an Income Generating Business Activity

10 Best Ways of Generating a Viable Business Idea

A business idea can be defined in several ways.

It’s a gap which exists in the economy and presents some economic gains.

It’s an ideal of what ought to be in the real world

It’s a concept which can be transformed into commercial terms.

With this in mind, and after going through the following ways of developing one, it’s thus easier to ascertain whether a business idea presents itself within your vicinity or is it easy for you to develop one.

Some people get into business accidentally. That is to say, one had not planned for such a thing but finds oneself in the business sector.

For instance, if you were born to a business oriented family and end up inheriting the enterprise of which was not your plan you end up as a business person though accidentally.

Since such luck is not available to everyone, it’s thus good to acquire skills of generating these ideas.

Here are the several ways of generating a business idea.  

Brainstorming This is perhaps the best way of developing a business idea. It’s a stepwise logical analysis of business oriented self-devised questions for the purpose of deducing a viable idea. Example of such questions could be; what does the society require? How can one earn from the web? etc. It’s during this process when individuals invent purely new ideas. If analyzed carefully, they never disappoint.

Researching This is a scientific design of systematically collecting, analyzing, and interpretation of results of a certain problem of socio-economic nature. It’s another best way of developing a business idea. If carried out appropriately it yields the most viable results as ideas are sampled and tested to prove their applicability and viability in the real world. 

Sharing with family members and friends A lot occurs during sharing with others. In this process of sharing, one can identify a pressing issue within the community and thus lay down plans on how to alleviate this problem. For instance, people could be complaining of limited credit financing institutions within the area. An industrious person is likely to find out more and thus write a business plan to acquire funds to quench the credit thirst.

Attending seminars this is an open public sharing forum where knowledge is disseminated and ideas shared in the best way possible. People exchange views regarding several issues and especially the ones which pose a threat or challenge to them. From such a place, one can get an insight on a business concept and thus develop it further.  

Modify an existing product. Innovation is the process of adding value or improvements on an existing product or service. For example ATMs, E banking and mobile banking are some of the innovations in the banking sector. An individual can thus try to improve on an existing product and therefore end up benefiting one self and the society in general.

Mass Media Reading widely on business issues gives an individual a wide knowledge base in this sector. Thus one is able to inseminate and disseminate any business clues presented by these sources. Reading business related articles and even watching videos aids much in developing an idea.

Buying a business idea some experts in the business field have made it their role to develop test and sell viable business ideas. This way, one can be guaranteed of a good business idea. 

Hobbies or interest a hobby is an activity which an individual enjoy doing much. It could be reading this can help one set up a private library; it could be cooking, which can help one start a food kiosk. The best thing with such a business idea is that, you end up doing what you like best.

Personal skills and experience This mostly applies to individuals who had or are been employed or even people in certain professions. For instance, a teacher or a doctor can end up setting a private school or a private consultation facility in the case of the doctor.

Shows and exhibitions During shows and exhibitions, various products are displayed and information about them and methods of developing such products elaborated. It’s during such an event where an individual can discover an idea or even modify a given product and end up with a good viable idea.

In conclusion, many ways of developing a business idea exist but with these, you can be guaranteed of a viable idea. Business opportunities exist out there and it’s upon us to discover them and exploit them to our advantage.

However, it’s good to note that the idea should be of benefit to the whole society. Engaging in illegal business is of no good since one ends up using more on legal fees and bribes than the profits made.

It’s also important to come up with an idea which as much as it benefits you, it benefits the society as well. Improving on the economic status is the best since in the long run you end up when the economy stabilizes; you end up earning even more.

Creating a Table of Content in Microsoft Word 2010 (Simplest Method)

Here is a step by step procedure for creating a table of content in Microsoft word 2010 in the simplest manner ever.

you can also watch a tutorial video

CREATING A TABLE OF CONTENT IN MICROSOFT WORD 2010 (Simplest Method)
Contents

INTRODUCTION

1.0 STEPS TO FOLLOW:

1.1 References tab

1.1.0 Table of contents

1.1.1 Add text

1.1.3 Update table.

1.2 Highlighting the elements

1.3 Indicating the text level

1.4 Creating the table of contents

1.5 updating the table

CONCLUSION

INTRODUCTION

            Here is a step by step structured way on how to create a table of contents in Microsoft word 2010.

Assuming you have an already typed document, here are the easy steps to follow.

NOTE: I have created this illustration in an official format for illustration purposes.

1.0 STEPS TO FOLLOW:

1.1 References tab

On the menu bar, select the references tab.

Under the references tab on the left hand side, you will see a section called table of contents. With the following sub sections

1.1.0 Table of contents

1.1.1 Add text

1.1.3 Update table.     

1.2 Highlighting the elements

On your document, highlight the elements you want to go to the table of contents stepwise. That is to say;

First highlight the main headings. For example: introduction or chapter one or any other heading in your document which falls under level one.

The order should be in such a way that, those elements in each page of your document which are in the same category (for example: chapter one, chapter two, chapter three etc.) should be highlighted together.

Note. Press the control key (ctrl) while highlighting your elements.

1.3 Indicating the text level

After you have highlighted your elements, go to the menu bar and click on the add text and a drop list will appear.

Select level one, if its elements you have highlighted as the main elements or any other elements you highlighted first.

Repeat the procedure again for the next elements you want under the second main elements and these should fall under level 2.

Repeat the procedure until you are done with all the elements.

1.4 Creating the table of contents

After you are done with selecting the text level, insert a blank page where you want your table of contents to be. In most cases it’s always on the first page.

Click on the table of contents and a drop list will appear.

Select the format of your choice for the table and click on it.

BOOM! There goes your table of content.

1.5 updating the table

Sometimes you may make changes to your document in the areas where you have elements on the table of contents. To automatically update the table, click on the update table and choose the option you want. That is, either the page numbers only or the entire table.

CONCLUSION

There are other ways of creating a table of contents, but this is the simplest way to understand.

Welcome Note

Welcome to my most perfect way of sharing knowledge for knowledge is power.