SCORE Small Business Blog

Starting: Bright Idea, Big Opportunity
5 Comments

Is Your Bright Idea a Profitable Niche?

lightbulb_bright_ideaAsk yourself… Have you discovered a niche business? Did you just develop a new product or a new service concept? Have you found a way to  revolutionize your industry?

New ideas and a new twist on an existing market segment provide a path to profits.

Explore a niche market. Talk over your bright idea with a mentor. Develop a plan and test your business potential.

Download free templates from SCORE.
Ask a SCORE mentor for advice.

-Christine Banning, SCORE
  View more posts by Christine

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For 50 years, SCORE has helped aspiring and current small business owners achieve their dreams. Through a network of over 11,000 volunteer business mentors in 340+ chapters across the country, SCORE connects decades of business experience and knowledge with those who can best use it.
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Discussion (5) Comment


  1. Brigitte LeVisitor

    Thanks Christine…I called the DC chapter and made an appointment with Fred Glave. Also, DC chapter (may be Anne Dobson?). I will keep you updated.

  2. Brigitte:

    You have the power–ask for a good match. Anne Thompson is in DC and has a deep marketing background. She can really help you delve into the best marketing approaches.

    Fred Glave is the Chair of SCORE in D.C. He’s a great guy, you can call & have Fred connect you with a good mentor match.

    SCORE’s advisors have deep subject & industry knowledge–you can tap into that.

    On approaching, Oprah for the show–you must go through the producers. For a product, submitting a sample for her favorite things is a great approach. And, just as your theme is related to President Obama. Oprah is an Obama supporter.

    Hope that helps as a start.

    You can do it!
    Christine


  3. Brigitte LeVisitor

    Receiving general feedback from Score is great, but unable to find a counselor whom would help me at a deeper level – taking it to another level.
    Also, I would like to learn if there is a special tip to get your product on national TVs or into Oprah’s hand. Thank you

  4. Brigitte Le:

    Unique is a good start. And, I think getting some feedback and talking over your idea will help you refine it.

    Ask SCORE online to talk with a SCORE mentor via email http://www.score.org/ask_score.html.

    If you are in D.C., SCORE Chapter in D.C. is excellent.
    You can call for an appointment to meet a mentor in person to talk about your idea & market. Call SCORE in D.C.

    Phone: (202) 272-0390

    Washington DC SCORE
    American Bar Association Building
    740 15th Street, 3rd Floor, NW
    Washington, DC 20005

    SCORE mentoring is free and confidential. You can use both the online and in person service at the same time.

    Best of luck in your venture,

    Christine


  5. Brigitte LeVisitor

    Hi Christine,
    I have this unique idea and was recently featured in the Washington Post Magazine…would like to get feedback from mentors if this is viable and should I begin branding my product?
    Thanks and I look forward to hearing back from you.
    Brigitte

 

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