Everyone is always trying to think of the next big thing that will simplify the lives of millions of people. Having a knowledge of business helps when starting out but it is not necessary. When looking for entrepreneur ideas it is best to seek to produce something that is in high demand. Think of things that would make your life easier and make a business of it. If people can relate to it they will be apt to purchase it. Make sure that you understand your budget when making decisions regarding your new venture.
LinkedIn can also be an invaluable tool for entrepreneurs. Not only can you add connected people to your network but you can learn a lot through discussions with industry professionals using the site's groups feature.