3 ms·
I think testing / getting feedback on your vision is vitally important. You aren't going to get buy in from all (or any), but it will give you more of a sense a
by jfi 17y ago
I think testing / getting feedback on your vision is vitally important. You aren't going to get buy in from all (or any), but it will give you more of a sense about your venture's risk profile. You can then better evaluate if you want / can continue your time and effort investment.
I'm running on a dime and a dream quite often so this exercise is very important. I'd argue that your examples (which are very, very good ones) demonstrate market participants that could take on a much riskier venture than many would be capable of undertaking.
My point is to not blindly push forward (a mistake I have made many a time, and one that I've seen others around me committing as well), but to size up what you are venturing into whenever possible. I'm completely fine with attempting to turn the tides of an industry or make a new one, but I want to know if that is the fight I'm gearing up for ahead of time if possible.
Thank you for your insights!
- raganwald 17y agoI agree with your caution. Again with my example, if you look at Xerox, Apple, Microsoft, IBM, and a plethora of companies that have tried to make money selling PC hardware, you see that although the mouse and GUI have obviously "won," actually making money from them has been a challenge.