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I Open-Sourced All My Business Ideas

grahamwahlberg.com

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Re: I Open-Sourced All My Business Ideas

#91
I made some companies out of ideas that I had. I told everybody my ideas.

When I created my first company most people thought I was crazy when I told them my idea. It turned out to be a brilliant idea that worked very well but most people did not recognize it at the time, let alone put the resources to copy it...

In fact, because I was young and naive I was enthusiastic about it, but talking to people(specially experienced people) made you doubt in yourself.

Now I have friends that are also successful entrepreneurs, and it is a very common experience among us.

Now I don't talk with lots of people about my ideas, I don't want to argue or convince or whatever.This can make you to hang on on bad ideas by ego before they are tested. I just test them in the real world as fast as I can.

Most of them are not good once you test them, but thanks to them you iterate or discover good ideas.

Re: I Open-Sourced All My Business Ideas

#93

I feel like no-one has managed to build a small-business CRM (like his Shoebox CRM) effectively yet. I run a one-person business and I'm still using a colour-coded Excel sheet to try and figure out when I should bug sales prospects.

Something like this: https://en.wikipedia.org/wiki/Act!_CRM

Re: I Open-Sourced All My Business Ideas

#95
post #21

Love it. Two years ago I did this, and wrote a little something about it when I started: "Why my code and ideas are public" https://sivers.org/ws I blogged about it to call attention to it for one main reason: I wanted to see if anyone would "steal" the ideas. Because it seems to be many (MANY) people's biggest worry about sharing any ideas: that someone will steal them. See the comments in https://sivers.org/how2hir…

For a while, when smartphones started tracking workouts and I got into cycling, I wanted to build a system that turned every single ride into a time trial where you compete against others. Then Strava happened. My only regret was not trying to get a job with them when I first heard about it.

and Endomundo

Re: I Open-Sourced All My Business Ideas

#96
post #12

i really love the "talk to the pictures" idea! would translate beautifully to a tablet app too, so that you could get a constant stream of new content (ideally creative commons).

A folder on your tablet which you open with the gallery app is more than enough to do this already.

and... Why does this need to be an app?

I feel that many people are brainwashed by Apple dogma.

Re: I Open-Sourced All My Business Ideas

#97

Earlier quoted context omitted.

Can you give examples of these types of companies?

They're usually hidden behind layers of LLCs and DBAs, so not really; there's not a big website that says "Hey, we just steal whatever we can". If you trace the threads back to "online lead generation experts" or "internet marketing specialists", you'll find lots of such enterprises. In my case, most of the active properties I knew are offline (though their proprietors are still rich). One guy was trying to be Tim Fe…

It's easy to forget that "execution" means "concept + code + culture + marketing + maybe some investment"

Of all of those, code is probably the least important.

Effective marketing - which at the level you're talking about is easy to do with boilerplate copywriting, monkey spamming, and some SEO - is far better at dollar-for-dollar ROI than most unicorn ideas that need investors.

There's an entire subculture of shitty people running these shitty scammy "businesses" and sometimes cross-promoting each other. Unfortunately they really can be an easy way to earn money - if you have the ethics of a lizard.

But it highlights the fact that unless you're marketing products for developers, most customers don't care about code, or even about features. The vast bulk of any market, especially in the US, is full of people who care about making money with the minimum of effort and being attractive to the opposite sex. Any product that promises either or both has an immediate head start.

>While the dev who builds decent products is spending his free time thinking of the amazing features he's going to build and how much his users will appreciate them

Which I guess describes most people here. I know my default tendency is always to think: "idea = code + cool features + website/app"

But it's a really bad idea to confuse this with running a profitable business. Luckily I can indulge myself, but it's still useful to remember that the view from Customer Land looks nothing like the view from inside a Git repo.

Re: I Open-Sourced All My Business Ideas

#98
post #78
post #53

Earlier quoted context omitted.

Maybe I don't understand what you mean, but I'd argue that if your competitive advantage is that slight, you'll likely get killed even if you make it to market first.

Generally an idea can be any kind of know how. You could've invented a faster algorithm that gives you competitive advantage for some time. If you share the algorithm the advantage is lost. I don't believe that sharing all your business know hows is going to be beneficial to you.

Feedback. The benefit of sharing your ideas is that other people get to spot holes in them before you find those holes the expensive way.

In your analogy: your faster algorithm is probably not optimal. Sharing it with some people who can give feedback will make it better. Those people are probably not your competition, and your competition can talk to those people even if you don't. If the algorithm is going to make that much difference, then if your competition aren't working on it they're incompetent, and if they are working on it then who's to say they haven't got the better version already?

Your losses from sharing the algorithm are negligible (because the competition are either incompetent or working on it themselves) but your benefits from sharing and getting feedback are large.

Re: I Open-Sourced All My Business Ideas

#99

Earlier quoted context omitted.

You sure about that scale? It doesn't seem particularly hard to check off 10 items off that list. I tried a previous failed idea, an idea I didn't follow up on yet and an idea I'm currently working on and got 8, 10 and 12 respectively, skipping some items I don't have an answer for. I mean I would consider all three of those good ideas, but I definitely wouldn't call them brilliant.

What were the 12 that you ticked off? I would love to see an idea that hit 12 of them - I can’t think of an idea in history that has hit 12 if you mark fairly. From my conversations with people about this list there seems to be quite a divergence in how people are marking off if their idea meets a criteria or not. For example, people consider that their idea is not easy to replicate because someone like them could no…

Please do a follow up because I'm working on an idea that hits 19 of the points you list.

Last year me a 2 of my friends sat down in a pub one night and did a brainstorming session for me (IT ideas) and 1 of the others (a writer - so story/article ideas).

We were trying to do the 100-10-1 process. Harder than it looks, but me and my other friend got 50 ideas each. Then over the next 2 days whittled it down to 5 ideas each to start work on. The 1 idea I am now concentrating on hits 19 of you points, and I am actually quite excited about it, especially as I will be the first power user, it scratches an itch for me.

I would like to see your list passed around some other successful people to see what they would add, and whether or not more items could be added, maybe including some negative items (ie if the idea hits this, minus a point from the score) . Then think about what the real number of points needed for a good idea should be. I am going to look back over my brainstorming list now and see how some of the other ideas score on you list.

Thanks for putting it together!

Re: I Open-Sourced All My Business Ideas

#100
post #80
post #72

I don't mean to troll, but having ideas is nothing. Of course projects start with ideas but if the creator of the idea didn't pursue given concept - neither should you. https://www.youtube.com/watch?v=csyL9EC0S0c&feature=youtu.be...

Why shouldn't I? What is the reasoning? Sorry, I don't have audio here so maybe it's mentioned in the youtube video.

If the creator didn't find the idea interesting enough to actually put the project into life, it will be probably better to come up with your own project. Of course it has nothing to do with being inspired by someone else.
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