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>It's actually something that makes a lot of sense. A really good idea is pretty much a shitty idea that no one knew could be good. It's kind of like if you hid
by Noxchi 14y ago
>It's actually something that makes a lot of sense. A really good idea is pretty much a shitty idea that no one knew could be good. It's kind of like if you hid a diamond that may or may not be inside a huge pool of poop. You ask most people and they'll be like, "Hell naw. I'm not jumping in that big pool of poop".
Your reasoning of good ideas and their implementations are wrong like most people.
If something is a good idea, it DOES NOT mean "everyone would be doing it".
You see, there is a thing called "barrier of entry" to ideas.
If someone has an idea for, say an app, there are a million things to do to proceed with that idea.
They need to learn how to
* design apps
* code apps
* market apps
Or if they want to hire people to do all that, they need to
* have experience hiring people
* have a lot of money, or a lot of experience getting funding (crowdfunding won't work if they have no experience)
* actually, forget this list - if you don't know anything you will die.
There are years of knowledge required to execute an idea, so you really limit yourself to only a handful of people who have the ability to, and thought of the same idea as you. And most of those people will probably not follow through either, so to execute an idea you really need to believe in it.
Now for your challenge, I would suggest you do something a little bit different. Instead of coming up with an idea and going the whole 9 yards with it, you can just leverage other peoples idea, and just make money marketing it. This is known as affiliate marketing.
There are networks (called CPA [Cost Per Action] Networks) where startups or companies plug in their various sales pages for things they offer, and you as an affiliate get people to complete those offers. The most common way to do this is buying ads to those offers.
By doing this, you eliminate all but the marketing work of running a startup. Marketing is almost always what determines if a startup fails or succeeds. You gain experience in marketing, and you can do a lot with the inventions you code.
- vu0tran 14y agoYeah, I wrote that part as a half joke. The point I was trying convey though is better explained by Peter Thiel: http://www.businessinsider.com/this-venn-diagram-shows-why-startup-investing-is-hard-you-have-to-be-on-bad-ideas-2012-9 http://www.businessinsider.com/this-venn-diagram-shows-why-s... Thanks for the suggestion on affiliate marketing. Funny thing is the idea I'm going to pursue is sort of like affiliate marketing. (I've also worked at an affiliate marketing SaaS in the past)
- derefr 14y ago> You see, there is a thing called "barrier of entry" to ideas. Just to give people a strong, striking example of this, before they try to argue the concept away wholesale: Banks. Starting a bank is a good idea. Everyone would be doing it... if they knew how, and had the connections, and the starting capital, and etc. etc. for a huge list of qualifications.
- vu0tran 14y ago"Experiment #2: Can I start a bank?"
- willholloway 14y agoThis is a good suggestion. Affiliate marketing worked out really well for me. I did a ton of it back in 2009. I got a $100 fb ad coupon and before I was done with it I discovered a profitable facebook ad campaign. I then scaled that basic concept across the English, Spanish and French speaking worlds. It was long before anyone would pay me as a consultant, and it financed a cross country adventure.