Question
Can all ideas be converted into opportunities? Give reason.

Answer

No, all ideas may not be converted into opportunities because if an entrepreneur conceive an idea and start its business without even analysing the market and as per the needs and problems of the people and only try to satisfy his own ego, then the result/outcome of launching a business and a product will end with only few customers.

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Shiva and Gauri is a young couple having a four-year-old son Rohan. Shiva is employed in a multinational company and is posted in Germany. Gauri has her own computer training institute and is staying with her son and in-laws in a locality of Bangaluru. Gauri wants to admit her son in a reputed school of Bangaluru but is unable to visit schools and identify the one, where she could admit Rohan. She discussed the matter with Shiva. Shiva identified the problem and advised Gauri to collect online data related to admission, infrastructure facilities and related information about schools of Bangaluru, so that a suitable school for Rohan could be identified. He also advised Gauri to develop a website www.nurseryadmission.com and upload the information of various schools on the website. This website could be visited by the parents who wish to admit their children in the nursery class in schools of their choice. Shiva also told Gauri to employ a computer operator for this purpose who could update the website regularly. Large number of parents visited the website started by Gauri on payment of an online fee of ₹ 100.
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“Saraswati Stationery House” sold in one day the following items:
Items
Unit prise (in ₹)
Quantity
Total Billed Amount (in ₹)
Ball Point Pen;
  1. Black colour
  2. Multi Colour
  3. Blue Colour
6
10
20
20
20
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200
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Gel Pen;
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70
 
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1
 
60
70
Note book (Copies)
  1. 100 pages
  2. 225 pages
  3. practical File
  4. Graph copy
20
40
50
20
20
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5
400
400
350
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4
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5
5
20
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Total
 
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5000
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