BONUS 270: 5 Ways to Come Up with a Profitable Business Idea
The 10 Minute Entrepreneur
Sean Castrina
4.8 • 308 Ratings
🗓️ 4 June 2026
⏱️ 13 minutes
🧾️ Download transcript
Summary
Today we are talking about the 5 Ways to Come Up with a Profitable Business Idea!
Transcript
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| 0:00.0 | Welcome to the 10-minute Entrepreneur Podcast, intended to equip and encourage business owners and aspiring entrepreneurs, |
| 0:10.0 | taught by active business owner, best-selling author, and teacher, Sean Castrina. |
| 0:18.6 | All right, Sean Castrina with the 10-minute entrepreneur podcast. |
| 0:22.5 | We're talking about how to come up with a business idea today. |
| 0:27.2 | That's how to come up with a business idea. |
| 0:28.6 | I'm going to share with you the five ways that I've done it. |
| 0:32.4 | And I've typically stayed in only a couple of the lanes and really mastered one. |
| 0:36.9 | But people, you know, |
| 0:37.9 | DM me every day. How do I get a good idea? And these are the five ways that businesses |
| 0:43.6 | typically start. I mean, I'd say 99% of the time. So I'm going to go through these five, |
| 0:49.9 | and then you can start brainstorming going forward by using this method. |
| 0:55.7 | All right. |
| 0:56.3 | The first way to come up with a great business idea. |
| 0:59.7 | And let me define what a great business idea is. |
| 1:01.9 | It's an idea that the marketplace wants and will pay for. |
| 1:08.0 | Okay, an idea that the marketplace has no interest in and or will not pay for |
| 1:14.6 | is not a great idea. This is an idea that can become a business fast. Okay, if you had this in place, |
| 1:22.6 | there's a business there. All right, the first one is, is it needs to solve a problem. |
| 1:28.7 | Okay, let's look at, you know, maybe commercials you've heard lately, but I hear them all |
| 1:32.7 | the time, like how to get out of a timeshare. |
| 1:35.5 | Okay? |
| 1:36.5 | We're the, I think it's the Wesleyan group or something very similar to that where he shares |
... |
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