Do you wait until you have enough resources? Pitch it to a VC? Build a tiny portion of the idea?
And how would you evaluate how good it is if you don't have to resources to test it out?
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Do you wait until you have enough resources? Pitch it to a VC? Build a tiny portion of the idea?
And how would you evaluate how good it is if you don't have to resources to test it out?
Yes, this is the solution, the more you go with it the more you expand it. When it reach a certain level, it would be more interesting to VC and investors.
"Build a tiny portion of the idea" Yes, this is the solution, the more you go with it the more you expand it. When it reach a certain level, it would be more interesting to VC and investors.
If you don't have time to build it: find someone who might want to use it and tell them about it.
- http://news.ycombinator.com/item?id=748057
- http://venturehacks.com/articles/minimum-viable-product
Also, talk about your idea to as many people that you trust as possible, getting feedback is really important, especially in the early stages of a project. Don't keep it secret as that won't serve you well for developing and executing your idea.
Really great ideas will come back and if they show up few times then it is time to take a closer look to them.
It's amazing what you can do once you really focus on something.
"Build a tiny portion of the idea" Yes, this is the solution, the more you go with it the more you expand it. When it reach a certain level, it would be more interesting to VC and investors.
Of course, this doesn't always work, some ideas are too timely and then you have a different decision process; but sitting on an idea from a year ago and spotting a funding source specific to it this year is how I'm doing what I'm currently doing.
Take your big idea and turn it into a very small one. Then do that one.