Daffodil International University

Entrepreneurship => Research on Entrepreneurship => Topic started by: Shah Alam Kabir Pramanik on May 25, 2016, 05:03:03 PM

Title: Difference between an opportunity and an idea.
Post by: Shah Alam Kabir Pramanik on May 25, 2016, 05:03:03 PM
What is An Opportunity?
An opportunity is a favorable set of circumstances that creates a need for a new product, service, or business.
Difference between an opportunity and an idea.
An idea, as we defined it, is “Something imagined or pictured in the mind”. The difference is that an idea may or may not represent an opportunity.
You generate ideas by thinking creatively.
Opportunities are ideas that have commercial potential.