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It would be pointless in a vacuum. There are actually bad ideas. I don’t know how well you would have to execute „Facebook for dog owners” to actually beat Fac
by ozim 3y ago
It would be pointless in a vacuum. There are actually bad ideas.
I don’t know how well you would have to execute „Facebook for dog owners” to actually beat Facebook.
There is also whole bunch of seemingly not bad ideas like making Jira alternative - I bet one can make money in that niche but you will have to invest so much that most likely you won’t earn as much as you would expect because you won’t get F500 companies to use it as much as they use Jira.
Even if you build team „something will stick eventually” doesn’t sound like a good idea unless you have infinite money.
Which in turn moves us to the money where real fun begins - some ideas just don’t have earning potential and you can easily tell that dropping 500k on something that will generate 100k a year will earn you back the money in 5 years. Going for idea that will generate 50k is going to be bad idea.