You've Got a Great Idea for a Business! So What's Next?

Brett Brewer, the Chairman of Ad Knowledge ( discusses eight important tips for anyone with a great idea. Following these steps will help you mold your idea into a real business concept before moving forward.

  1. Diligently research your product & potential competition
  2. Draft a 1-page document to simply express your idea
  3. Gather as much feedback as possible
  4. Don't be afraid to share your idea
  5. Get started & create "something"
  6. Focus on the simplest steps to get a product to your users
  7. Pay attention to feedback from users & the market
  8. Move forward based on product's success