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Ask HN: How to tell your friend his idea sucks

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21–30 of 47 posts

Re: Ask HN: How to tell your friend his idea sucks

#21
You tell them, as a knowlegable person in industry X in order for your idea for be a success you'll need at least $10 mm in capital in order to provide funding for:

  A $1mm
  B $2mm
  C $500K
  D $6.5mm
It's business he'll understand that you've analyzed and identified the obstacles and put together the budget to overcome these issues, I used to work in mining, many projects that will become successful require funding far in excess of $10mm.

After you say that, if you feel confident in his abilities and like the idea, you may want to become part of the business having demonstrated your ability to consult and manage risk to the business.

PS. His idea doesn't suck, it simply requires an amount of capital that may or may not exceed what he has at his disposal.

Re: Ask HN: How to tell your friend his idea sucks

#24
Products for which you are supposedly the target user: tell him why you think you would not not currently use it.

Products for which you are not supposedly the target user: you don't know enough to tell him it wont work. (edit)

In all cases: you can help by pointing him to tried and test methodologies for validating ideas. e.g. Lean Startup (Reis).

Re: Ask HN: How to tell your friend his idea sucks

#25
I always respond with "Find the money." That is, find a buyer today for the simplest version.

THOUGH, this did not end well when after many drinks I met a guy who runs (presumably illegal) gambling out of his house and wanted to expand on it with an app to let people place bets on the players. I sent him an email as a record of contacting him with the single line "Find the money." Apparently he was scared shitless for a week before he remembered who I was.

Re: Ask HN: How to tell your friend his idea sucks

#28
post #13

Whenever someone comes to me with a great idea I kindly refer them 4 articles for studying. Learn HTML, CSS, JS, and Michael Hartls book on Rails. 80% of them will give up when they realize I'm not going to do the work for them. 19% will spend a week on codecadamy before giving up. The final 1% are so motivated that it is no longer relevant what they do in life. They will be successful. Period.

More than 100 persons have come to you with great ideas?

Re: Ask HN: How to tell your friend his idea sucks

#29
Someone showed me Twitter very early on and I thought it was totally pointless.

Anyway, I'd encourage your friend to put a very minimal product out there and iterate on it, rather than putting a ton of time and resources into it first. That's just good advice for any idea.

Re: Ask HN: How to tell your friend his idea sucks

#30
The real question to answer is, does his idea suck? I think a good way to answer this question in general is to ask him for specific examples of how he envisions users using his product and why. I.e. who the user specifically is and what he/she is thinking before and after adopting the product.

The great thing about this question is that it's solely a test of the idea. If his idea (whatever iteration it's in) is any good, some number of people will want it. It's a theoretical exercise that excludes the later question of whether he will execute well.

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