There are millions of entrepreneurs throughout the world and their testimony suggest that there are many potential various sources new business ideas or sources of entrepreneurship ideas and sources of business opportunities. Some of the useful ones are outlined infra:

1. Hobbies/Interest: An hobby is a favourite leisure time activities. Many people in pursuits of their hobbies and interest many business partners have founded businesses. For example, you love cooking, you might end-up being a Cafeteria owner just because you have interest in cooking.

2. Personal skills and Experience: All over the world, it has been discovered that over 60% of successful business ideas comes from experiences and skills acquired in the work place and skills acquired in the work place. For example, a mechanic working for a large garage can start selling a second hand car. Your skills and experience are probably your most important resource not only in generating ideas but also in capitalizing on them.

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