Friday 22 August 2008

The Simple Truth About Million Dollar Business Ideas

When we hear of million dollar business ideas, we often hear of the proverbial light bulb over the head or eureka moment as the catalyst to creativity. Scientists have recently mapped the part of the brain where the "Aha" effect takes place. In less than .3 milliseconds, the intensified neural activity triggers the proverbial light bulb.

However, million dollar ideas aren't the stuff of MBA problem solving. Science knows the creative spark is a separate cognitive process from the day-to-day mundane problem solving skills used in business. The brain is searching more for a pattern or solving a puzzle as opposed to linear thinking that often accompanies the problem solving nature of business.

Contrary to popular myth, the breakthrough idea is not a single eureka event but more a series of known events happening before and after the big "Aha." These events occur as follows: the receptive or preparation stage, the incubation stage, the "Aha" effect, and the verification stage.